On 11 June 2025, the European Commission adopted a Delegated Regulation amending Delegated Regulation (EU) No 876/2013 supplementing the European Market Infrastructure Regulation (EMIR) as regards changes to the functioning and management of colleges for central counterparties (CCPs).
The Delegated Regulation makes limited amendments to Commission Delegated Regulation (EU) No 876/2013
On 10 June 2025, the European Commission (Commission) issued a call for evidence for a Recommendation on savings and investment accounts.
The call for evidence is part of the Savings and Investments Union strategy and contributions to it will be taken into account by the Commission when drafting its Recommendation on establishing savings
On 5 June 2025, the Single Resolution Board announced that it will be running a simulation of the collapse of a major bank to test the EU’s crisis management systems.
The scenario has been developed in secrecy and the central theme involves the failure of a systemically important bank with operations in multiple countries including
On 10 June 2025, the Basel Committee on Banking Supervision issued proposals for a technical amendment to the Basel Framework concerning the standardised approach for operational risk.
The Basel Committee has also finalised a set of frequently asked questions regarding the standardised approach for credit risk. The deadline for comments on the proposed amendments is
On 10 June 2025, the European Banking Authority (EBA) issued a No Action letter to clarify the interplay between the Markets in Crypto-Assets Regulation (MiCA) and the Payment Services Directive 2 (PSD2) in relation to crypto asset service providers (CASPs) that transact electronic money tokens (EMTs
In the latest edition of our podcast series, Let’s talk asset management, Claire Guilbert, Hannah Meakin, Lucy Dodson and Simon Lovegrove discuss the similarities and differences between Luxembourg’s Reserved Alternative Investment Fund (RAIF) and the UK’s Reserved Investor Fund (RIF)
Listen to the episode here.
On 5 June 2025, the European Commission adopted a Delegated Regulation supplementing the Markets in Crypto-Assets Regulation (MiCA) with regard to regulatory technical standards (RTS) specifying the information in an application for authorisation to offer asset-referenced tokens (ARTs) to the public or to seek their admission to trading.
The
On 3 June 2025, the European Banking Authority (EBA) published a speech by its chairperson, José Manuel Campa. The speech was made at a high-level meeting for European Supervisors and is entitled Efficiency and effectiveness of EU financial regulation.
In his speech Mr Campa notes that there is currently a debate on
Gold is a commodity like no other. With its monetary function, gold is commonly used as an alternative to foreign exchange (FX) and performs the role of a “safe harbour” asset for professional and retail investors to hedge against uncertainty and volatility in the markets. Gold’s role in the heavily regulated financial markets