On 21 July 2026, the Anti-Money Laundering Authority (AMLA) published its final report on draft Implementing Technical Standards (ITS) on cooperation within the anti-money laundering (AML) and combatting the financing of terrorism (CTF) supervisory system for the purposes of direct supervision under Article 15(3) of Regulation (EU)
On 23 July 2026, there was published in the Official Journal of the EU (OJ) Commission Delegated Regulation (EU) 2026/849 of 16 April 2026 supplementing the Capital Requirements Regulation with regard to regulatory technical standards specifying what constitutes an equivalent legal mechanism that ensures that a residential property under construction is completed within
On 23 July 2026, there was published in the Official Journal of the EU (OJ) Commission Delegated Regulation (EU) 2026/825 of 14 April 2026 supplementing the Markets in Financial Instruments Directive II with regard to regulatory technical standards specifying the criteria to be taken into account in establishing and assessing the effectiveness of
On 21 July 2026, the Financial Action Task Force (FATF) issued a targeted report on the regulatory challenges from decentralised finance (DeFi).
Background
In 2019, the FATF updated Recommendation15 and extended the application of the FATF Standards to virtual assets (VAs) and virtual asset service providers (VASPs).
This latest briefing note outlines the recent European Commission communication on competitiveness of the EU banking sector and the financial reforms that may be included as part of the forthcoming EU Banking Package expected in early 2027.
On 20 July 2026, the European Securities and Markets Authority (ESMA) published a statement on preparing for the EU T+1 settlement cycle.
Background
On 11 October 2027, the EU financial markets will move to a T+1 settlement cycle. As a result, ESMA sets out that it considers that implementation of the changes required
On 20 July 2026, the European Securities and Markets Authority (ESMA) published its follow-up report to the Peer Review on the supervision of cross-border activities of investment firms.
Background
This follow-up report updates on the actions taken by six National Competent Authorities (NCAs) to address the findings and recommendations of the
On 17 July 2026, the European Commission (the Commission) adopted a communication on strengthening the competitiveness of the EU banking sector.
Background
The Commission emphasises that it considers that a competitive banking sector is essential to finance growth, innovation, strategic autonomy and the EU’s major investment needs and sets out that this communication is
On 16 July 2026, the European Banking Authority (EBA) published the official translations of its amended guidelines on the application of the definition of default required under Article 178 of the Capital Requirements Regulation (CRR), as amended by CRR III. The final report on the guidelines had been published in May
On 17 July 2026, the European Banking Authority (EBA) published its final report on draft regulatory technical standards (RTS) and draft implementing technical standards (ITS) on new supervisory tools relating to material operations under Capital Requirements Directive (EU) 2024/1619 (CRD VI), amending Capital Requirements Directive 2013/36/EU (CRD), which introduced