Our podcast series Split the Difference explores divergence between the EU and UK regulatory regimes in the markets space. In the latest episode, Hannah Meakin, Anna Carrier and Simon Lovegrove explore the differences between the EU DLT Pilot Regime and the UK Digital Securities Sandbox.

Listen to the episode here.

On 31 May 2024, the European Supervisory Authorities (ESAs) published templates, technical documents and tools for the dry run exercise on the reporting of registers of information in the context of the Digital Operational Resilience Act. The participating financial entities are expected to submit their registers of information to the ESAs through their

On 30 May 2024, the European Securities and Markets Authority (ESMA) issued a statement providing initial guidance for firms that use artificial intelligence (AI) technologies when providing investment services to retail clients.

ESMA states that, when using AI, it expects firms to comply with relevant MiFID II requirements, particularly in relation

On 30 May 2024, two Commission Delegated Regulations supplementing the Regulation on digital operational resilience for the financial sector (DORA) were published in the Official Journal of the EU.

The Delegated Regulations supplement DORA in relation to the following topics:

On 16 May 2024, the Basel Committee on Banking Supervision (Basel Committee) published a report on the implications of the digitalisation of finance on banks and supervision.

The report builds on the Basel Committee’s 2018 paper, Sound practices: implications of fintech developments for banks and bank supervisors and takes stock of recent developments

On 18 April 2024, the European Supervisory Authorities (ESAs) issued a consultation paper containing a draft regulatory technical standard (RTS) on the harmonisation of conditions enabling the conduct of the oversight activities under Article 41(1) point (c) of Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA

On 11 April 2024, the European Insurance and Occupational Pensions Authority (EIOPA) issued a press release confirming that the European Supervisory Authorities (ESAs) will launch, in May, the voluntary exercise of the collection of the registers of information of contractual arrangements on the use of ICT third party service providers by

On 3 April 2024, the Chair of the European Securities and Markets Authority (ESMA) Verena Ross, wrote a letter to Mairead McGuinness (European Commissioner for Financial Services, Financial Stability and Capital Markets), Irene Tinagli (Chair of the Committee on Economic and Monetary Affairs) and Vincent van Peteghem (President of the Economic and Financial

On 13 March 2024, the European Commission adopted:

  • Commission Delegated Regulation supplementing the Regulation on digital operational resilience for the financial sector (DORA) with regard to regulatory technical standards (RTS) specifying the criteria for the classification of ICT-related incidents and cyber threats, setting out materiality thresholds and specifying the details of

On 13 March 2024, the European Banking Authority (EBA) published a final report containing draft regulatory technical standards (RTS) to specify the requirements, templates and procedures for handling complaints received by issuers of asset reference tokens (ARTs) under Article 31 of the Regulation on markets in crypto-assets (MiCAR