On 1 April 2025, the European Central Bank issued an opinion on the proposed Regulation amending Regulation (EU) No 909/2014 as regards a shorter settlement cycle in the Union.
The short opinion only contains general observations which include the ECB welcoming the proposed Regulation’s objective of reducing the maximum duration of the settlement cycle as
On 1 April 2025, the European Parliament issued a press release stating that it had voted in favour of fast tracking its work on the stop-the-clock proposal to postpone the application of social and environmental reporting and due diligence measures. The European Parliament will decide on Thursday whether to delay the application of the requirements.
On 1 April 2025, the EU Platform on Sustainable Finance (Platform) published a report ‘Advancing Sustainable Finance: Technical Criteria for New Activities & First Review of the Climate Delegated Act’. In the report the Platform responds to the European Commission’s request to review and provide recommended amendments to the technical screening criteria
On 31 March 2025, the European Commission (Commission) issued a proposed Regulation amending the Capital Requirements Regulation (CRR) on prudential requirements for credit institutions and investment firms. The amendment, if adopted, will render permanent the current transitional approach to the Net Stable Funding Ratio (NSFR) requirement.
Background
Under the
On 31 March 2025, the following Delegated Regulations supplementing the Markets in Crypto-Assets Regulation (MiCA) were published in the Official Journal of the EU (OJ):
On 28 March 2025, the International Capital Market Association published an updated version of its Recommendations for Reporting under the Securities Financing Transaction Regulation. A blackline version has been published alongside the updated version, highlighting the changes.
On 28 March 2025, the EU Platform on Sustainable Finance (Platform) published an updated version of its handbook on Climate Transition Benchmarks and Paris Aligned Benchmarks.
The first version of the Handbook was published in 2019 and was in response to frequently asked questions (FAQs), which the TEG benchmarks subgroup members
On 27 March 2025, the European Commission issued a press release stating that it was taking action against several EU Member States that have failed to notify the Commission of measures they have adopted to transpose EU Directives into their national laws.
Among other things the press release notes that the Commission has decided to
On 27 March 2025, the Financial Stability Board (FSB) announced the establishment of the Forum on Cross-border Payments Data.
The Forum will be a platform for dialogue, information exchange, and research, helping to identify and address inconsistencies in global data frameworks. An advisory body comprised of private sector representatives will also be created
On 27 March 2025, there was published in the Official Journal of the EU, Decision (EU) 2025/507 of the European Central Bank (ECB) of 7 March 2025 on the total amount of annual supervisory fees for 2024. The ECB Decision sets out the ECB’s supervisory fees for 2024. The total amount of annual