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Risk Management Reporting Requirements European Union

A&O Shearman

EBA updates technical standards on resolution planning reporting

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The European Banking Authority (EBA) has published its final report on the draft implementing technical standards (ITS) on resolution planning reporting, together with a press release. Firms must provide necessary information...more

A&O Shearman

EBA 2024 reports: Market and credit risk benchmarking exercises

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The European Banking Authority (EBA) has published its 2024 Reports on the annual market and credit risk benchmarking exercises. Both reports are mandated by Article 78 of the Capital Requirements Directive to assist...more

Environmental General Counsel PC

A European Perspective on Sustainability, CSRD, and the Omnibus Package: An Interview with Ferruccio Bongiorni of Studio Bongiorni

Environmental General Counsel (“EGC”) Founder and Principal Catherine W. Johnson recently interviewed Ferruccio Bongiorni, Founder and Managing Director of Studio Bongiorni located in Milan, Italy, about sustainability issues...more

Hogan Lovells

ESG Investigations in Europe Part I – Enforcement trends and particularities

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Recent years have seen an ever increasing density of ESG regulation on the national, European and global level. With significant regulations already or about to enter into force, enforcement actions on different levels,...more

A&O Shearman

EU amending technical standards published for specifying the data collection for the 2025 benchmarking exercise

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The Commission Implementing Regulation (EU) 2025/379 has been published in the Official Journal of the European Union. The EU Capital Requirements Directive requires competent authorities to conduct an annual assessment of...more

Mayer Brown

ECB Fast-Track for Significant Risk Transfer (SRT) Securitisations

Mayer Brown on

Following the start of development work on an accelerated procedure for the regulatory recognition of significant risk transfer ("SRT") securitisations last year, the European Central Bank ("ECB") published guidance addressed...more

J.S. Held

2025 J.S. Held Global Risk Report: Artificial Intelligence, Data & Digital Regulations

J.S. Held on

Artificial Intelligence (AI) has been touted as the answer to a multitude of business challenges. However, AI – along with machine learning and large language models (LLMs) – is still fraught with technical and regulatory...more

A&O Shearman

Polish supervisory authority publishes updated guide on personal data protection breaches

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On February 20, 2025, the Polish Personal Data Protection Office (UODO) published an updated version of the guide on personal data protection breaches. The first edition was released in 2018. The latest version...more

A&O Shearman

EBA consultation on amending data collection for 2026 benchmarking under CRD IV

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The European Banking Authority (EBA) has published a consultation paper containing draft implementing technical standards (ITS) on amending Commission Implementing Regulation (EU) 2016/2070 with regard to the benchmarking of...more

A&O Shearman

ESMA guidelines on stress test scenarios under MMF Regulation

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The European Securities and Markets Authority (ESMA) has published official translations of its guidelines on stress test scenarios under the Money Market Funds Regulation (MMF Regulation). These guidelines apply to competent...more

K&L Gates LLP

Europe: National Regulators Announce Digital Operational Resilience Act Reporting Windows

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EU national supervisory authorities will collect the Register of Information (ROI) pursuant to the EU’s Digital Operational Resilience Act (DORA) from in scope financial entities in April 2025, with the reference date set as...more

A&O Shearman

ESAs publish guidelines on exchange of information relevant to fit and proper assessments in the official EU languages

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The European Supervisory Authorities (ESAs) have published joint guidelines on the system established by the for the exchange of information relevant to the assessment of the fitness and propriety in the official EU...more

Littler

Gender Discrimination in Company Pension Schemes in Germany: Need for Action and Cost Risks

Littler on

The EU Pay Transparency Directive imposes a need for companies in the European Union to take action. Employee comparison groups must be established to identify potential gender pay gaps. Employees are granted extensive and...more

A&O Shearman

EU DORA technical standards published

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Two delegated acts were published in the Official Journal of the European Union (OJ) in respect of the EU Digital Operational Resilience Act (DORA). These are: - Commission Delegated Regulation (EU) 2025/301, which comprises...more

Cooley LLP

Impacts for US Companies of the Proposed EU Omnibus Package

Cooley LLP on

On February 26, 2025, the European Commission (Commission) published a proposed ‘Omnibus package’ to streamline some of the recently adopted European Union (EU) sustainability laws. The laws in scope of the proposed Omnibus...more

Hogan Lovells

EU Omnibus simplification package – corporate sustainability reporting and due diligence. What's next for the CSRD and the CS3D?

Hogan Lovells on

For the last few months the European Commission has been working to bring together a proposal to amend the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CS3D), the...more

Jenner & Block

Client Alert: The New ESG Landscape: What Global Companies Need to Know

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Companies around the world have an increasingly delicate balancing act when considering environmental, social and governance factors—collectively referred to as “ESG”—in their business decisions. The term “ESG” has become...more

Skadden, Arps, Slate, Meagher & Flom LLP

Now More Than Ever, Supply Chains Demand the Attention of Multinationals’ Boards

Key Points - - New laws in major jurisdictions make it vital that companies examine their supply chains closely for legal vulnerabilities. This entails due diligence on environmental and human rights issues, and compliance...more

NAVEX

Human rights in the Supply Chain – Prioritizing Third-Party Due Diligence and Ongoing Monitoring 

NAVEX on

Thorough third-party due diligence and ongoing monitoring are essential elements of a robust compliance program and help to protect organizations from costly legal repercussions, reputational damage, and major business...more

A&O Shearman

European Banking Authority reports on implementation of first phase of banking book heatmap

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The European Banking Authority (EBA) has published a report on the implementation of the first phase of the short/medium term objectives in their interest rate risk in the banking book (IRRBB) heatmap. In the report, the EBA...more

A&O Shearman

EU joint report on the feasibility for further centralization of reporting of major ICT-related incidents

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The European Supervisory Authorities have published a joint report on the feasibility of further centralization of the reporting of major ICT-related incidents by financial entities to competent authorities. The ESAs' joint...more

Skadden, Arps, Slate, Meagher & Flom LLP

Policy Updates From the UK Prudential Regulation Authority

The UK Prudential Regulation Authority (PRA) has issued significant policy updates to enhance the regulatory framework for insurers and financial institutions in the UK: - Key among these is the Policy Statement on...more

A&O Shearman

International bodies issue final report on transparency and responsiveness of initial margin in centrally cleared markets

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The Basel Committee on Banking Standards, Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions has published a final report on transparency and responsiveness of...more

Cadwalader, Wickersham & Taft LLP

DORA Now in Force in the EU

Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (“DORA”), which establishes a uniform set of requirements relating to the security of network and information systems supporting financial...more

Morgan Lewis - Tech & Sourcing

Preparing for DORA Compliance Deadline Arrives

Starting as of Friday, January 17, 2025, financial entities must now be compliant with the EU’s Digital Operational Resilience Act (DORA). Implementation efforts have accelerated in recent months to meet the deadline and in...more

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