On 3 June 2024, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) issued a discussion paper on the potential review of the investment firms’ prudential framework.

The Investment Firms Directive (IFD) and the Investment Firms Regulation (IFR) both contain review clauses requiring

On 30 May 2024, the Council of the EU announced that it has adopted the Directive updating the Capital Requirements Directive as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance risks (CRD VI) and the Regulation updating the Capital Requirements Regulation as regards requirements for credit risk, credit valuation adjustment

On 22 May 2024, the European Commission (Commission) announced it is launching a consultation on macroprudential policies for Non-Bank Financial Intermediation (NFBI).

NBFI comprises very diverse financial sectors including regulated entities and unregulated entities. In the third quarter of 2023, non-bank financial intermediaries accounted for roughly EUR42.9 trillion (41% of EU

On 15 May 2024, the Prudential Regulation Authority (PRA) published a letter to CEOs outlining the findings from its thematic review of non-systemic firms’ recovery planning. The PRA says it found that, although many firms understand the basics of recovery planning, there are significant areas for improvement, most notably related to the development

On 30 April 2024, the Basel Committee on Banking Supervision (Basel Committee) published a consultation on guidelines for counterparty credit risk (CCR) management.

The draft guidelines are intended to provide a supervisory response to the significant shortcomings that have been identified in banks’ management of CCR, including the lessons learned from

On 25 April 2024, the European Banking Authority (EBA) published its report on high earners for 2022.

In 2022, the number of high earners receiving remuneration of more than EUR 1 million increased by 19.7% from 1,957 in 2021 to 2,342 in 2022. The EBA’s analysis also highlights a persistent gender imbalance within

On 25 April 2024, the European Parliament issued a press release stating that it had adopted the text of the proposed Regulation amending the Capital Requirements Regulation as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor (CRR III) and the proposed Directive amending the

On 24 April 2024, the European Banking Authority (EBA) issued a consultation paper containing draft regulatory technical standards (RTS) on the method for identifying the main risk driver of a position and for determining whether a transaction represents a long or a short position as referred to in Articles 94(3), 273a(3)

On 24 April 2024, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2024/857 of 1 December 2023 supplementing the Capital Requirements Directive IV (CRD IV) with regard to regulatory technical standards specifying a standardised methodology and a simplified standardised methodology to evaluate the risks