On 9 February 2026, the Anti-Money Laundering Authority (AMLA) published consultation papers on three draft Regulatory Technical Standards (RTS) in relation to customer due diligence rules, as part of developing harmonised standards for the financial and non-financial sector while ensuring consistent application and enforcement across the EU.
Summary
In relation to
On 9 February 2026, the European Banking Authority (EBA) launched a consultation on its Discussion Paper on the simplification and assessment of the credit risk framework.
Background
The EBA’s 2025 Report on the efficiency of the regulatory and supervisory framework introduced a set of principles aimed at enhancing simplicity and efficiency across the
In the next instalment of our global horizon series (first instalment available here), our team observes a growing trend of increased international collaboration between regulators in different jurisdictions despite wider geopolitical tensions.
Europe
The European Public Prosecutor’s Office (EPPO), the independent public prosecution office of the European Union has become increasingly active. It is
On 9 January 2026, the European Securities and Markets Authority (ESMA) issued non-binding principles for risk-based supervision which are intended to support a common and effective EU-wide supervisory culture and strengthen the EU Single Market.
The principles apply to Member State competent authorities and ESMA when carrying out direct supervision. They are intended
In the first instalment of our global horizon scanner series, our team consider the growing trend of increased regulatory enforcement relating to anti-money laundering.
Although there is some variation in these priorities between regulators, we have seen an increase across the board in enforcement actions. We take a look at jurisdictions where there have been
On 15 December 2025, the European Securities and Markets Authority (ESMA) published its MiFIR Review Final Report proposing amendments to MiFIR’s Level 2 provisions specifying the transparency requirements for derivatives, package orders, and input/output data for the over-the-counter (OTC) derivatives consolidated tape.
Background
The Final Report follows ESMA’s earlier consultation, the
On 12 December 2025, the Council of the EU published its conclusions on simplifying the Union’s financial services regulation.
In the conclusions the Council calls on the European Commission to put forward ambitious simplification packages for the EU’s financial services regulation which should include clear priorities and timelines as well as planned initiatives. The Commission
On 11 December 2025, the European Systemic Risk Board (ESRB) published a report (dated 31 October 2025) in which it identifies and lists the tasks assigned to it by EU legislation beyond the ESRB Regulation. It then categorises them from a content point of view, classifying them into four types according to their