On 10 December 2025, the Basel Committee on Banking Supervision (Basel Committee) published Principles for the sound management of third-party risk in the banking sector.
By publishing this document, the Basel Committee is promoting a principles-based approach to effective third-party risk management (TPRM) which is intended to complement banks’ operational
On 5 December 2025, the Basel Committee on Banking Supervision (Basel Committee) issued a consultation paper on a standard format for machine-readable disclosures by banks.
The Basel Committee is proposing to move towards Pillar 3 disclosures in machine-readable standardised formats across its member jurisdictions. The proposed standard would introduce a requirement and technical
In this latest issue of Regulation Around the World we look at how regulators have implemented the Basel 3.1 reforms, asking eight key questions in the following jurisdictions: United Kingdom, United States, EU, Luxembourg, France, Italy, Turkey, Netherlands, Australia, South Africa and the UAE. For European jurisdictions we add one further topical question outside of
On 27 November 2025, the Financial Stability Board published the 2025 list of global systemically important banks (G-SIBs) using end-2024 data and applying the assessment methodology designed by the Basel Committee on Banking Supervision (Basel Committee). The Basel Committee has also published material related to the identification of G-SIBs.
The number
In the latest episode of our Let’s talk asset management series, Andrew Lom from our New York office discusses the risks and opportunities that artificial intelligence presents to asset management.
Listen to our podcast here.
On 17 November 2025, the International Organisation of Securities Commissions (IOSCO) issued a consultation report on valuing collective investment schemes (CIS).
Proposals
The consultation report sets out proposals to draw upon two sets of IOSCO’s Principles (the 2013 Principles for the Valuation of Collective Investment Schemes and the 2007 Principles for
On 17 November 2025, the Financial Stability Board (FSB) published a practices paper on the operationalisation of transfer tools.
The FSB has developed this practices paper as part of the lessons from the 2023 banking turmoil and it is intended to support resolution authorities’ preparedness to use transfer tools.
In particular it
Join us at our next webinar examining how jurisdictions are progressing from Open Banking to Open Finance, including updates on the Open Finance regimes in the UK, EU, Australia, and the US.
Our Global Financial Services Regulation team will be joined by Simone Plances, a Smart Data Accelerator Manager from the Financial Conduct Authority who
On 11 November 2025, the International Organization of Securities Commissions (IOSCO) published a Final Report on the Tokenisation of Financial Assets.
The purpose of the Final Report is to build a shared understanding among IOSCO members of how tokenisation is being adopted across capital markets and how regulators are responding. It examines
On 7 November 2025, the Network for Greening the Financial System (NGFS) published a series of explanatory notes aimed at improving the clarity and usability of its long-term climate scenarios. The notes provide detailed analyses of three NGFS scenarios: NetZero 2050 Scenario, the Current Policies Scenario, the Fragmented World Scenario which go beyond