Germany

On June 17, 2026, the German regulator, the Federal Financial Supervisory Authority (BaFin), launched a consultation on its new circular “Notes on the amendments to the Capital Investment Code introduced by the Fund Risk Limitation Act”(Hinweise zu Änderungen im Kapitalanlagegesetzbuch durch das Fondsrisikobegrenzungsgesetz) (Circular).

The Fund Risk Limitation Act (Fondsrisikobegrenzungsgesetz – FRiG)

On 12 June 2026, the European Parliament’s Economic and Monetary Affairs (ECON) Committee published draft reports containing draft amendments to the European Commission’s (Commission) Market Integration and Supervision (MISP) package.

The MISP package is central to the Commission’s Savings and Investments Union (SIU) strategy, which aims to

On 16 June 2026, the European Banking Authority (EBA) published a report on simplifying the stacking orders of the EU prudential and resolution framework.

The report is part of the EBA’s simplification and efficiency programme and follows a report issued last October on the efficiency of the regulatory and supervisory framework.

The report

On 15 June 2026, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2026/1288 of 12 June 2026 on the stand-alone suspension of the trading obligation for derivatives in accordance with the Markets in Financial Instruments Regulation (MiFIR).

The Implementing Regulation is made under Article

On June 12, 2026, the German regulator, the Federal Financial Supervisory Authority (BaFin), launched a consultation on the revision of its circular “Minimum Requirements for Risk Management of Capital Investment Companies (KAMaRisk).”

The revision of the KAMaRisk is driven, among other things, by the Fund Risk Limitation Act (Fondsrisikobegrenzungsgesetz – FRiG). The FRiG implements

On 11 June 2026, the European Banking Authority (EBA) published the draft methodology, templates and template guidance for the 2027 EU-wide stress test.

As in previous EU-wide EBA stress test exercises, the 2027 one provides a common analytical framework to assess the resilience of EU banks and the wider banking system under

In this latest edition of Regulation Around the World, we focus on the global transformation of the settlement of securities transactions, as many jurisdictions begin to shift from a standard settlement timeline of two business days after trade to just one. In this issue, we examine these developments, exploring the regulatory frameworks, cross-border challenges and technological

On 9 June 2026, the European Parliament issued a press release stating that its negotiators had reached a provisional agreement with Council of the EU negotiators on proposals introducing the concept of small mid-cap enterprises (SMCs) and extending to them various exemptions that so far have been available to small and medium enterprises