We have published a new briefing note concerning the CRD VI – The new rules for cross-border banking business from third countries under CRD VI: What should non-EEA firms do now?
DORA now live and new podcast available
DORA is now live, without any transitional provision.
A wide range of rules applicable for managing ICT risks, including risks linked to ICT third-party service providers, applies from today. DORA applies to nearly all financial entities in the EU, with very few exemptions for smaller institutions. For the first time, it also covers major unregulated
DORA implementation – behind the curve?
This Friday (17 January) the EU Digital Operational Resilience Act, DORA, comes into force and, unusual for EU legislation, there are no transitional provisions meaning the legislation comes into effect immediately.
The European Securities and Markets Authority has already warned that financial entities should identify and address gaps between their internal set ups and DORA’s
Webinar | The impact of global financial services regulation on tokenization
Join our panel of lawyers from Asia, Dubai, Europe, London and the US who will explore the key regulatory developments, issues and considerations and examine some real-world case studies.
Regulation Around the World – Anti-money laundering update
In the latest instalment of our Regulation Around the World series, Financial Services partners in 15 jurisdictions cover recent developments concerning anti-money laundering.
Our global updater is accompanied by further analysis and insights in our Regulation Around the World podcast which is available now to stream and download. The podcast features speakers from the
PSD3, PSR and FIDAR: What firms need to know and how they should prepare
In the summer of 2023, the European Commission issued a payment services legislative package which amends the existing Payment Services Directive 2 (PSD2). A new Directive, PSD3, was proposed together with a Regulation, the Payment Services Regulation (PSR). In addition, a further Regulation was proposed, a Regulation on a Framework for
The new EU AML/CFT regime has arrived – are you ready?
We have published a new online briefing note on the European Union’s new AML/CFT regime.
Our online briefing note is here.
New Global Regulation Tomorrow Plus podcast: 30 June 2024 – MiCAR’s first milestone
In our latest Global Regulation Tomorrow Plus podcast, Anna Carrier, Nikolai de Koning, Sebastien Praicheux and Simon Lovegrove discuss the first milestone of Regulation (EU) 2023/1114 on Markets in Crypto-assets (MiCAR).
Listen to the episode here.
Published in OJ – Delegated Regulation supplementing Securitisation Regulation with regard to RTS specifying STS related to sustainability factors
On 18 June 2024, there was published in the Official Journal of the EU, Commission Delegated Regulation (EU) 2024/1700 of 5 March 2024 supplementing the Securitisation Regulation with regard to regulatory technical standards specifying, for simple, transparent and standardised non-ABCP traditional securitisation, and for simple, transparent and standardised on-balance-sheet securitisation, the content, methodologies and presentation
AI and financial regulation – France
We recently saw an interesting speech from the UK on how artificial intelligence (AI) could impact financial stability.
In France, the regulatory authorities have also been looking at AI.
Here are some snippets.
A while ago, the French Prudential Supervision and Resolution Authority (ACPR) issued an important discussion document on the