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
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.
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
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
We have published a new online briefing note on the European Union’s new AML/CFT regime.
Our online briefing note is here.
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.
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
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
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
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