On 24 March 2025, the Council of the EU published two notes (dated 17 February 2025) which both contain a three-column table comparing the EU institutions’ positions on the proposals for the review of the EU bank crisis management and deposit insurance (CMDI) framework. The first note covers the proposed Directive as regards the scope
March 2025
Trialogue negotiating positions on Retail Investment Strategy
On 24 March 2025, the Council of the EU published two notes (dated 11 March 2025) which both contain a three-column table comparing the EU institutions’ positions on the proposals for the Retail Investment Strategy. The first note covers the proposed Regulation amending Regulation (EU) No 1286/2014 as regards the modernisation of the key information…
Commission consults on EU approach on market risk rules for banks
On 24 March 2025, the European Commission (Commission) launched a consultation on the application of the market risk prudential framework.
In 2024, the Commission postponed until 1 January 2026 the date of application of the Fundamental Review of the Trading Book (FRTB) so as to align implementation with other major global…
EU benchmark reform – Council adopts draft Regulation
On 24 March 2025, the Council of the EU issued a press release stating that it had adopted the proposed Regulation amending the Benchmarks Regulation as regards the scope of the rules for benchmarks, the use in the Union of benchmarks provided by an administrator located in a third country, and certain reporting requirements.
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Published in OJ – Delegated Regulation on composition of joint examination teams under DORA
On 24 March 2025, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2025/420 of 16 December 2024 supplementing the Regulation on digital operational resilience for the financial sector (DORA) with regard to regulatory technical standards to specify the criteria for determining the composition of the joint…
Published in OJ – MiCA Delegated Regulations on adjustment of own funds requirement, data and remuneration
- Commission Delegated Regulation (EU) 2025/415 of 13 December 2024 supplementing MiCA with regard to regulatory technical standards (RTS) specifying adjustment of own
Global Regulation Tomorrow Plus: EMEA insights series: Episode 20 – Australia’s governance review
In this latest podcast of our EMEA regulatory insights series Lucinda McCann from our Sydney office discusses APRA’s recently announced governance review and ASIC’s report ‘Beware the gap: Governance arrangements in the face of AI innovations’.
Listen to the podcast here.
We have also published a briefing note on APRA’s governance review.
Read the
EU Platform on Sustainable Finance Report: Streamlining Sustainable Finance for SMEs
On 21 March 2025, the Platform on Sustainable Finance (Platform), an advisory body to the European Commission, published a report on streamlining sustainable finance for SMEs.
SME sustainable finance standard
To address the challenges SMEs face in greening their activities and in accessing sustainable finance, the Platform proposes in the report to develop…
NSCC to Increase Clearing Hours
The National Securities Clearing Corporation, a subsidiary of the Depository Trust & Clearing Corporation, will “increase clearing hours to support extended trading.”
The full update can be found here on our US Regulatory Intelligence platform.
Acting SEC Chair Spotlights Changing Agency Priorities
Acting SEC Chair Mark T. Uyeda argued that the agency must “prioritize effective and cost-efficient regulations that respect the limits of our statutory authority,” return to a “back to the basics” approach to rulemaking, enhance engagement with stakeholders and embrace product innovation.
The full update can be found here on our US Regulatory Intelligence platform.