HomeCategoryArchiwa Banking and finance - Regulatory Compliance

EU: Review of the Regulation on a pan-European personal pension product (PEPP)   The EU Commission has published, for consultation, a review proposal for a regulation on a pan-European personal pension product. Ensuring that people across the EU can retire with dignity, security and adequate income lies at the heart of the EU’s social and...

EU: Updates to MiFIR: post-reform changes on RCB, liquid markets for equity instruments, and PTRR   The EU Commission is consulting a delegated act amending MiFIR. Regulation (EU) No 600/2014 (MiFIR) sets out the rules for trading in the EU. Its latest amendments, introduced through Regulation (EU) 2024/791 (the MiFIR review), removed key barriers to...

EU: EBA consultation on third-country branches under the Capital Requirements Directive (CRD)   The European Banking Authority (EBA) has recently launched three public consultations on Regulatory Technical Standards (RTS) and Guidelines (GL) concerning third-country branches under the Capital Requirements Directive (CRD). These consultations address key areas including booking arrangements, capital endowment, and supervisory colleges. The...

EU: Insurance and reinsurance firms – review of technical rules (Solvency II)   The EU has published a draft Commission delegated regulation amending Delegated Regulation (EU) 2015/35 as regards technical provisions, long-term guarantee measures, own funds, equity risk, spread risk on securitisation positions, other standard formula capital requirements, reporting and disclosure, proportionality and group solvency....

EBA: Technical standards on the joint decision process for internal model authorisation   The European Banking Authority (EBA) has released its final draft of Implementing Technical Standards (ITS), amending the existing Implementing Regulation governing the joint decision process for internal model authorization under the Capital Requirements Regulation (CRR). These revisions align the ITS with updates...

EU: EBA Launches Consultation on Fees for Pro Forma Model Validation Under EMIR   The European Banking Authority (EBA) has opened a public consultation on the fees that financial and non-financial counterparties must pay for the validation of pro forma models under the European Market Infrastructure Regulation (EMIR). The consultation is open until 7 April...

EU: EBA Launches Public Consultation on New Anti-Money Laundering and Counter-Terrorist Financing Rules   The European Banking Authority (EBA) has opened a public consultation on four draft Regulatory Technical Standards (RTS) as part of its response to the European Commission’s Call for Advice. These technical standards will play a key role in shaping the EU’s...

New Technical Standard for the centralised EBA Pillar 3 data hub   The new Banking Package (CRR3/CRD6), which implements the latest Basel III reforms in the EU, requires the EBA to develop a Pillar 3 data hub. The EBA’s approach to fulfilling the mandates set out in the Banking Package is outlined in its Roadmap...

Amendment of guidelines on ICT and security risk management under DORA The European Banking Authority (EBA) has refined the scope of its existing Guidelines on ICT and security risk management to align with the harmonized ICT risk management requirements introduced under the Digital Operational Resilience Act (DORA), which takes effect on 17 January 2025. These changes...