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Prudential Standards

Orrick, Herrington & Sutcliffe LLP

Fed issues updated statement outlining supervisory principles

On April 30, the Fed released an updated “Statement of Supervisory Operating Principles,” superseding the original statement issued in October 2025. The updated statement incorporates guidance on additional issues not...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 13: The Prudential Solvency Regime in Korea

This chapter of the Encyclopaedia of Prudential Solvency discusses the prudential solvency regime in South Korea. The insurance sector there stands as one of the most dynamic and sophisticated in Asia, ranking as the seventh...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula Podcast | Insurance Down Under: Analyzing Prudential Solvency Regimes in Australia and New Zealand

On the latest episode of "The Standard Formula," host Rob Chaplin is joined by colleague Connor Williamson to provide a comprehensive overview of the prudential solvency regimes of Australia and New Zealand. During the...more

A&O Shearman

UK PRA Policy Statement On Recognized Exchanges Policy And Transfer Of Main Indices

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The UK Prudential Regulation Authority (PRA) has published policy statement PS6/26 on its approach to recognised exchanges and main indices in the context of the revocation and restatement of the UK Capital Requirements...more

Hogan Lovells

Group therapy: Prudential v accounting consolidation in a world of SPVs

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The EBA's January 2026 Report on consolidation comes at a particularly important stage in the evolution of bank balance sheet management. Banks increasingly rely on sophisticated risk-transfer and funding structures, yet the...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula Podcast | South Korea in Focus: Analyzing One of Asia’s Most Dynamic Insurance Markets

On the newest episode of "The Standard Formula," host Rob Chaplin is joined by associate Chiara Iorizzo to discuss the prudential regime of South Korea, the seventh-largest market in the world. During the discussion, the pair...more

A&O Shearman

EBA Final Guidelines On Proportionate Retail Diversification Methods Under CRR

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The European Banking Authority (EBA) published final guidelines on proportionate retail diversification methods under Article 123(1) of the Capital Requirements Regulation (CRR). The guidelines seek to establish a harmonised...more

Orrick, Herrington & Sutcliffe LLP

Prudential regulators rescind liquidity coverage ratio FAQs

On February 10, the Fed, OCC and FDIC rescinded public FAQs from October 2017 related to the 2014 Liquidity Coverage Ratio (LCR) rule (covered by InfoBytes here), leaving the FAQs online while signaling plans to seek public...more

Patomak Global Partners

Resolution Planning Faces Regulatory Uncertainty

Situation Overview: A U.S. bank regulator signaled potential relaxation of resolution planning requirements for banks, while the Financial Stability Board (FSB) reiterated its support and focus on enhancing resolution...more

A&O Shearman

ESRB compliance report on collection and information-exchange for macroprudential purposes on branches of credit institutions

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The European Systemic Risk Board (ESRB) has published a second summary compliance report assessing the implementation of recommendation ESRB/2019/18 on the exchange and collection of information for macro-prudential purposes...more

BCLP

FCA CP25/40 Explained: What the UK’s New Crypto Regulations Mean in Practice

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This is the first in a series of three articles examining the UK’s emerging regulatory framework for cryptoassets. Together, the series explores the expansion of the regulatory perimeter for cryptoasset activities, the new...more

Latham & Watkins LLP

10 Key Focus Areas for UK-Regulated Financial Services Firms in 2026

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In this publication, we explore some of the core focus areas for UK-regulated financial services firms in the year ahead....more

A&O Shearman

ECB Proposals On Simplification Of European Bank Prudential Framework And Streamlining Of Supervision

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The European Central Bank (ECB) has contributed to the EU's ongoing simplification agenda by endorsing a series of recommendations for simplification of the EU prudential framework. A total of 17 recommendations were made by...more

Orrick, Herrington & Sutcliffe LLP

Prudential Regulators Finalize Rule Modifying Enhanced Supplementary Leverage Ratio Standards

On November 25, the Fed, OCC and FDIC issued a final rule modifying the enhanced supplementary leverage ratio (eSLR) standards for U.S. global systemically important bank (GSIB) holding companies and their depository...more

A&O Shearman

EC call for evidence on application of market risk prudential framework

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The European Commission (EC) has published a call for evidence on a proposed Delegated Act to amend market risk rules under the Fundamental Review of the Trading Book (FRTB) in Basel III. This follows the November...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 10: The Prudential Solvency Regime in Canada

This chapter of the Encyclopaedia of Prudential Solvency discusses the prudential solvency regime in Canada. Canada’s insurance sector is widely recognised for its sophistication, robust regulatory oversight and international...more

A&O Shearman

Implementing Regulation amending ITS on prudential reporting framework under IFR published in OJ

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Commission Implementing Regulation (EU) 2025/2159 (the Regulation) has been published in the Official Journal of the European Union (OJ). The Regulation amends the implementing technical standards (ITS) laid down in...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 9: Solvency II and Solvency UK – Key Concepts and Recent...

This chapter discusses the European Union’s (EU’s) Solvency II (Solvency II) and the gradual divergence between that regime and what has come to be known as Solvency UK following the end of the Brexit transition period in the...more

Mayer Brown

Mortgage Servicing Updates: North Carolina Enacts New Licensing Requirements and Adopts Prudential Standards

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As of October 1, a wider range of companies involved in servicing mortgage loans—including master servicers and reverse mortgage servicers—are expressly subject to licensing in North Carolina under the North Carolina Secure...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 7: The Prudential Solvency Regime of China

This chapter of the Encyclopaedia of Prudential Solvency examines the prudential solvency regime in China. This chapter explores the historical context to China’s (re)insurance framework, which is key to understanding its...more

Goodwin

Further Reform for UK Private Fund Managers: The Government’s Road Map for Growth in Financial Services

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On 15 July 2025, Chancellor of the Exchequer Rachel Reeves delivered her Mansion House 2025 speech unveiling the Leeds Reforms, a programme for financial services reforms to drive investment and growth in the sector....more

Mayer Brown

Licensing Link - June 2025

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Licensing Link is a periodic publication that will keep you informed on hot topics and new developments in state licensing laws, and provide practice tips and primers on important issues related to state licensing across the...more

Mayer Brown

Georgia On (Regulators’) Mind: Significant Changes Coming to Georgia Residential Mortgage Act

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On May 14, 2025, Governor Brian Kemp signed Georgia House Bill 15 into law. House Bill 15, which will take effect on July 1, 2025, will implement several major changes to Georgia’s residential mortgage licensing law, the...more

A&O Shearman

European Banking Authority consults on draft technical standards on the prudential treatment of crypto-assets exposures

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The European Banking Authority has published a consultation paper on its draft Regulatory Technical Standards on the calculation and aggregation of crypto-exposure values under the Capital Requirements Regulation 3...more

A&O Shearman

Regulatory monitoring - September 2024

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1. Bank regulation - 1.1 PRUDENTIAL REGULATION - a) General - (i) EU - EC: Report on the future of European competitiveness Status: Final - The EC has published a report on the future of European competitiveness,...more

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