On 12 August 2025, the European Systemic Risk Board (ESRB) published a report that provides a compliance assessment on sub-recommendation A(1) of the ESRB recommendation of 2 December 2021.
Overview
On 2 December 2021, the General Board of the ESRB adopted Recommendation ESRB/2021/7 (Recommendation) on a pan-European systemic cyber incident coordination
On 5 August 2025, the European Banking Authority (EBA) issued a final report containing draft Regulatory Technical Standards (RTS) on the calculation and aggregation of crypto exposure value.
Background
The objective of the draft RTS is to further specify technical elements that ensure a sound prudential treatment of crypto-assets exposures in
On 21 July 2025, the Data (Use and Access) Act 2025 (Commencement No. 1) Regulations 2025 were made.
These Regulations are the first Commencement Regulations under the Data (Use and Access) Act 2025. Among other things these Regulations bring into force on 20 August 2025 Part 1 of the Act which relates to access to
On 17 July 2025, the Digital Regulation Cooperation Forum (DRCF) issued a blog on the Future of Open Finance and Smart Data. The Financial Conduct Authority (FCA) and the Information Commissioner’s Office (ICO) have collaborated through the DRCF’s Horizon Scanning and Emerging Technology (HSET) to offer insights
On 16 July 2025, the European Central Bank (ECB) published a guide on outsourcing cloud services to cloud service providers.
The publication of the guide follows an earlier public consultation and the ECB has also published a feedback statement which provides an overview of the comments received and the ECB’s assessment of them.
In the latest episode of our EMEA Insights series, Sebastien Praicheux from our Paris office discusses France’s advocation for better regulation at the EU level, the recent EBA no action letter regarding the PSD2’s interaction with MiCA and ECB Decision (EU) 2025/1148 amending the rules governing access by non-bank payment service providers to eurosystem payment
On 11 July 2025, the European Securities and Markets Authority (ESMA) issued a public statement – Avoiding misperceptions: Guidance for crypto-asset service providers (CASPs) offering unregulated services. The purpose of the statement is to set out some of the risks that are likely to arise and the issues that CASPs should
On 11 July 2025, the European Securities and Markets Authority (ESMA) issued a Final Report on guidelines for the criteria on the assessment of knowledge and competence under the Markets in Crypto Assets Regulation (MiCA).
Background
Article 81(15) of MiCA provides for ESMA to issue guidelines specifying the criteria for the