The Financial Crimes Enforcement Network adopted an interim final rule to narrow the existing beneficial ownership information reporting requirements under the Corporate Transparency Act.
The full update can be found here on our US Regulatory Intelligence platform.
On 26 March 2025, there was published the official translations of the European Securities and Markets Authority’s (ESMA) guidelines on certain aspects of the suitability requirements and format of the periodic statement for portfolio management activities under the Markets in Crypto Assets Regulation (MiCA). The guidelines are intended to promote greater
On 26 March 2025, the EU Platform on Sustainable Finance (the Platform) published its response to the European Commission’s earlier call for evidence on a draft delegated regulation amending the Taxonomy Delegated Acts. The Platform welcomes and acknowledges that several of its proposals have been taken into consideration and that overall the proposed amendments
On 24 March 2025, the European Banking Authority (EBA) announced that it had updated its methodology for the assessment of regulatory and supervisory frameworks of non-EU countries. The updates have been made to reflect changes to the Capital Requirements Regulation and Capital Requirements Directive. The EBA’s methodology is based on two questionnaires with
On 25 March 2025, the All-Party Parliamentary Group (APPG) on Investment Fraud and Fairer Financial Services published its second Supplementary Report on the Financial Conduct Authority (FCA).
The Supplementary Report on the FCA is being published in instalments, with the first having been published in February 2025. The first instalment
On 25 March 2025, the Financial Conduct Authority (FCA) launched a voluntary survey to inform the future regulation of ESG ratings and broader sustainability disclosures.
The FCA explains that as it develops the future regulatory regime for ESG ratings providers, it is engaging widely to inform its approach, which includes ESG ratings providers
On 25 March 2025, the Financial Conduct Authority (FCA) published a feedback statement, FS25/2: Immediate areas for action and further plans for reviewing FCA requirements following introduction of the Consumer Duty.
Background
The FCA launched a call for input in July 2024, which sought to understand how it could simplify its
On 24 March 2025, the Bank of England (BoE) launched its 2025 Bank Capital Stress Test (the Stress Test), which seeks to assess the resilience of the UK banking system to deep simultaneous recessions in the UK and global economies, large falls in asset prices, higher global interest rates, and a stressed
On 24 March 2025, the European Commission adopted a draft Delegated Regulation supplementing the Regulation on digital operational resilience for the financial sector (DORA) with regard to regulatory technical standards specifying the elements that a financial entity has to determine and assess when subcontracting ICT services supporting critical or important functions.
The draft