Luxembourg

The legislative review of the Market Integration and Supervision Package (MISP) is progressing in the Council. NRF understands that, at the beginning of September, the Irish Presidency of the Council circulated a first full round of proposed amendments to the European Commission legislative proposal published on 4 December 2025.

As a reminder, the…

On 22 September 2026, the EU Platform on Sustainable Finance published its response to the European Commission (Commission) Consultation on the Taxonomy Disclosures Delegated Act.

Background

On 4 March 2026, the Commission sent the European Supervisory Authorities (ESAs) a call for technical advice to inform the review of the Disclosures Delegated…

On 18 September 2026, the European Central Bank (ECB) published a guide to licence applications.

The guide is intended to be a practical tool and applies to all applications for a licence to become a credit institution under the Capital Requirements Regulation, including, but not limited to, initial authorisations for credit institutions…

On 18 September 2026, the European Banking Authority (EBA) issued a Final Report on guidelines on the sound management of third-party risk regarding non-ICT services.

In the Final Report, the EBA provides its response to feedback on its earlier consultation on the guidelines and sets out the final guidelines.

The guidelines are addressed…

On 15 September 2026, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) published its report on the proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector, Regulation (EU) No 1286/2014 on key information documents for packaged…

On 11 September 2026, there was published in the Official Journal of the EU, Commission Delegated Regulation (EU) 2026/1221 of 4 June 2026 amending Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards temporary targeted operational relief measures and targeted multipliers for the calculation of an institution’s own funds requirements…

On 10 September 2026, the European Parliament reported that the Economic and Monetary Affairs Committee had reached a broad compromise on the proposal for a Regulation amending Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR), Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs)…

On 9 September 2026, the European Banking Authority (EBA) published its response (dated 8 September 2026) to the European Commission’s decision not to endorse the draft regulatory technical standards (RTS) amending Commission Delegated Regulation (EU) No 241/2014 on the timing for the application for prior permission to reduce own funds and…

On 8 September 2026, the European Commission (Commission) adopted a Delegated Regulation amending the regulatory technical standards laid down in Delegated Regulation (EU) 2018/1108 as regards the criteria for the appointment of central contact points for crypto-asset service providers and rules on their functions. To ensure a consistent approach to the appointment of…