On 4 April 2025, there was published in the Official Journal of the EU, Decision (EU) 2025/673 of the European Central Bank (ECB) of 24 March 2025 amending Decision (EU) 2023/1681 on the provision to the ECB of supervisory data reported to the national competent authorities (NCAs) by the supervised entities.
On 2 April 2025, the Competition and Markets Authority (CMA) launched a consultation on its review of those provisions of the SME Banking Undertakings 2002 which remain in force.
Background
The CMA reviewed the SME Banking Undertakings 2002 in 2014 and decided in 2016 to release all but 4 provision in the Undertakings.
On 2 April 2025, the Single Resolution Board (SRB) issued a public consultation on expectations on valuation capabilities.
The consultation is part of the SRB’s engagement with industry in order to achieve its mandate and deliver on the Single Resolution Mechanism Vision 2028 strategy’s focus on improving crisis readiness.
In the consultation the
On 1 April 2025, the European Central Bank (ECB) published issue 28 of its Macroprudential Bulletin. In this issue the ECB explores the link between geopolitical risk and bank solvency. It finds that geopolitical risk weakens bank solvency, with major geopolitical shocks having the strongest impact. Macroprudential policy and microprudential supervision are key
On 27 March 2025, there was published in the Official Journal of the EU, Decision (EU) 2025/507 of the European Central Bank (ECB) of 7 March 2025 on the total amount of annual supervisory fees for 2024. The ECB Decision sets out the ECB’s supervisory fees for 2024. The total amount of annual
On 24 March 2025, the Council of the EU published two notes (dated 17 February 2025) which both contain a three-column table comparing the EU institutions’ positions on the proposals for the review of the EU bank crisis management and deposit insurance (CMDI) framework. The first note covers the proposed Directive as regards the scope
On 17 March 2025, the European Securities and Markets Authority (ESMA) published a statement (dated 14 March 2025) on the treatment of settlement fails with respect to the penalty mechanism under the Central Securities Depositories Regulation (CSDR), following the major incident that affected T2S and T2 on 27 February 2025.
On
On 14 March 2025, the Financial Conduct Authority (FCA) issued an Engagement Paper on contactless payment limits.
Background
The FCA currently set limits on the value and number of contactless payments that can be made before requiring authentication. Most banks and other payment service providers (PSPs) default to the regulatory limits
The Treasury Department announced that it will not enforce penalties or impose fines for failure to comply with the Corporate Transparency Act’s beneficial ownership information reporting rule.
The full update can be found here on our US Regulatory Intelligence platform.