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On 24 May 2024, the European Banking Authority (EBA) issued a report on virtual IBANs (vIBANs).

IBANs are commonly used as payment account identifiers across the EU. More generally, IBANs are mandated in some 60 jurisdictions in the world, with over 20 jurisdictions recommending its use for cross-border payments. The new

On 22 May 2024, the European Commission (Commission) announced it is launching a consultation on macroprudential policies for Non-Bank Financial Intermediation (NFBI).

NBFI comprises very diverse financial sectors including regulated entities and unregulated entities. In the third quarter of 2023, non-bank financial intermediaries accounted for roughly EUR42.9 trillion (41% of EU

On 17 May 2024, the European Banking Authority (EBA) issued a consultation paper containing draft guidelines on acquisition, development and construction (ADC) exposures to residential property.

Article 126a of the Capital Requirements Regulation (CRR) introduces under the standardised approach for credit risk a new category of exposures called ADC

Last November the Financial Conduct Authority (FCA) published Policy Statement 23/16 (PS23/16) containing final rules and guidance on sustainability disclosure requirements (SDR) and investment labels (UK SDR regime). The rules and guidance are currently limited to UK asset managers and essentially the requirements comprise of two components

On 14 May 2024, the Single Resolution Board (SRB) published a paper that sets out its updated policy on the Minimum Requirement for Own Funds and Eligible Liabilities (MREL). The policy has been updated as a result of the experience obtained during the 2020 resolution planning cycle. The regulatory framework for

In the latest instalment of our Regulation Around the World series, Financial Services partners in over 10 jurisdictions review recent steps that financial services regulatory authorities have taken as regards investment research.

Our global updater is accompanied by further analysis and insights in our Regulation Around the World podcast which is available now to stream

On 29 April 2024, the European Banking Authority (EBA) published a draft opinion in which it assesses payment fraud data that has recently become available to the EBA, identifies new types and patterns of payment fraud, and develops proposals to mitigate them. The opinion aims at further strengthening the forthcoming legislative framework under

On 24 April 2024, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2024/857 of 1 December 2023 supplementing the Capital Requirements Directive IV (CRD IV) with regard to regulatory technical standards specifying a standardised methodology and a simplified standardised methodology to evaluate the risks

On 24 April 2024, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2024/856 of 1 December 2023 supplementing the Capital Requirements Directive IV (CRD IV) with regard to regulatory technical standards specifying the supervisory shock scenarios, the common modelling and parametric assumptions and what