On 22 September 2025, the Bank of England (BoE) published a consultation paper (CP) setting out proposals to delete six templates of the assimilated EU law Technical Standard 2018/1624 on resolution reporting (COREP13 UKTS).
Background
The COREP13 UKTS set out procedures and templates for providing information to the resolution
On 22 September 2025, the Prudential Regulation Authority (PRA) published Consultation Paper 21/25 – Future banking data review: Deletion of banking reporting templates (CP21/25).
Background
The proposals in CP21/25 are the first set of deliverables under the Future Banking Data programme which is intended to deliver a tangible cost reduction in
On 19 September 2025, the Joint Committee of the European Supervisory Authorities published a report on risks and vulnerabilities in the EU financial system. The report highlights that global trade and security developments have led to sudden structural changes and contributed to a deteriorating economic outlook, increasing the risks to financial stability.
On this basis
On 19 September 2025, there was published in the Official Journal of the European Union (OJ), Commission Delegated Regulation (EU) 2015/1496 which amends the Capital Requirements Regulation (CRR) concerning own funds requirements for market risk, notably delaying the implementation of the Fundamental Review of the Trading Book (FRTB) framework.
On 17 September 2025, the Council of the EU (Council) published the text of a draft Regulation amending the Central Securities Depositories Regulation (CSDR) to shorten the mandatory settlement cycle for most securities traded on EU trading venues from two business days (T+2) to no later than one business day after
A few months after the Markets in Crypto Asset Regulation (MiCA) took effect on 30 December 2024, regulatory and enforcement issues have already become apparent. In a joint communication, the French, Austrian and Italian national competent authorities (the AMF, the FMA and the Consob) (the NCAs) drew attention to certain gaps in
On 18 September 2025, the Australian Securities and Investments Commission (ASIC) announced the ASIC Corporations (Stablecoin Distribution Exemption) Instrument 2025/631 (the Instrument) together with an explanatory statement.
Temporary relief for named stablecoins
The Instrument provides temporary regulatory relief for distributors of certain stablecoins in Australia. The instrument specifically exempts distributors of a
On 18 September 2025, the Bank of England (BoE) published a speech by Liz Oakes (External Member of the Financial Policy Committee) entitled A systemic risk perspective on operational resilience.
Liz Oakes explains how the BoE’s Financial Policy Committee thinks about operational resilience from the perspective of protecting financial stability. She highlights
On 17 September 2025, The Central Counterparties (Transitional Provision) (Extension and Amendment) Regulations 2025 were made together with an explanatory memorandum.
The Regulations extend the temporary recognition regime for overseas central counterparties (CCPs) by 12 months, so that the expiry date is delayed until 31 December 2027. It also extends the transitional regime