On 25 April 2025, the European Banking Authority (EBA) issued a Final Report containing draft regulatory technical standards (RTS) amending Commission Delegated Regulation (EU) 2018/1108 on the criteria for the appointment of central contact points for electronic money issuers (EMIs) and payment service providers (PSPs) and with
April 2025
The Payment Services and Payment Accounts (Contract Termination) (Amendment) Regulations 2025
On 28 April 2025, there was published on legislation.gov.uk a draft of The Payment Services and Payment Accounts (Contract Termination) (Amendment) Regulations 2025.
HM Treasury has also issued a press release in which it notes, among other things that banks and other payment service providers will be required to give customers at least 90…
Latest evaluation of the Dutch bonus cap
On 17 April 2025, the Dutch Minister of Finance published a letter addressed to the Dutch Parliament, together with a recent evaluation of the Remuneration Policy (Financial Institutions) Act (Wet beloningsbeleid financiële ondernemingen, the Remuneration Act). The Remuneration Act, incorporated in the Act on the Financial Supervision (Wet op het financieel…
Consultation Dutch Implementation Act Revised Consumer Credit Directive
- Scope of deferred
EBA key indicators on climate risk in the EU/EEA banking sector
On 25 April 2025, the European Banking Authority (EBA) announced the publication of an ESG dashboard.
Background
The ESG dashboard is based on information disclosed by banks as part of their Pillar 3 ESG disclosures.
It covers climate risk, both from a transition and a physical perspective.
The indicators show the spectrum of…
Barriers to financial market integration
Background
The creation of this dedicated channel was announced in the Savings and Investments Union (SIU) Communication adopted on 19 March 2025.
Next steps
The Commission will regularly monitor the feedback, which it will use in its ongoing efforts to tackle existing obstacles to financial market integration and free movement of capital, with…
2025 CCP stress test market stress scenarios
On 25 April 2025, the Bank of England (BoE) published the key elements of its 2025 stress test of UK central counterparties (CCPs).
Testing
The 2025 CCP stress test will focus on assessing the resilience of UK CCPs to the default of two or more of its members during a severe…
PRA updates waivers and modifications of rules web page
On 24 April 2025, the Prudential Regulation Authority (PRA) updated its webpage on waivers and modifications of rules.
The update refers to a modification by consent of Rules 6.3 of Chapter 6 of the Credit Union Part of the PRA Rulebook. The PRA is making available a modification to those credit unions that…
New SEC Chair Says Digital Assets are Top Priority
Recently sworn-in SEC Chair Paul S. Atkins said one of his top priorities “will be to provide a firm regulatory foundation for digital assets.”
The full update can be found here on our US Regulatory Intelligence platform.
OMB Directs Independent Agencies to Submit Rules for White House Review
The Office of Management and Budget (“OMB”) provided “initial implementation guidance” for regulatory agencies to comply with President Trump’s Executive Order “Ensuring Accountability for All Agencies.”
The full update can be found here on our US Regulatory Intelligence platform.