32 results found

In the context of the claimant Afghan bank's entitlement to enforce certain counter-guarantees provided by the defendant Indian bank, the High Court has granted limited declaratory...

European financial authorities are reshaping the regulatory landscape for crypto-assets and stablecoins through new positions on token classification, global stablecoin structures, and crisis management.

The European Commission has published a comprehensive report diagnosing the state of EU banking competitiveness and signaling the most significant policy intervention since Basel III completion. With European banks demonstrating strong capital positions but facing international competitiveness challenges due to market fragmentation and regulatory complexity, the report establishes competitiveness as a co-equal objective alongside financial stability. The gap between this July 2026 diagnosis and Q1 2027 legi

FinXP, a European payment infrastructure provider, has joined forces with Thredd, a global issuer-processing platform, to enhance its card issuing capabilities and expand its embedded finance offering. The partnership will enable FinXP to modernize its debit card programmes with advanced processing infrastructure while maintaining control of its own ledger and programme strategy. This collaboration also positions FinXP as a European BIN sponsor for Thredd's global client base, supporting scalable, multi-reg

The EU has assembled several regulatory and infrastructure components necessary to support tokenised securitisation, creating opportunities for interoperability with the UK despite distinct legal frameworks. The commercial question is whether these components can be connected across the transaction lifecycle from origination through redemption, as a tokenised note alone does not achieve that connection. A genuinely end-to-end model must determine which events produce intended legal effects and which remain

On 19 February 2023, the African Union Heads of State adopted the Protocol on Investment to the African Continental Free Trade Area Agreement ("AfCFTA").

Die Europäische Kommission hat ein umfassendes Legislativpaket zur Einführung der EU Inc vorgelegt – einer optionalen, EU-weit einheitlichen Gesellschaftsrechtsform als 28. Regime. Für Finanzdienstleister wirft dieser Vorschlag grundlegende Fragen zur Bankfähigkeit, Investierbarkeit und Marktinfrastrukturkompatibilität auf und berührt die gesamte Finanzierungskette von der Gründung bis zur Insolvenz.

The EU's Anti-Money Laundering Package represents a fundamental shift in how firms must approach AML compliance across the European Union, with sweeping changes affecting everything from oversight...

The EU's financial services simplification agenda represents more than regulatory recalibration—it embodies a compound acknowledgement of structural limitations by regulators, regulated firms, and a political economy that can no longer equate regulatory volume with effectiveness. Drawing on regulatory cycle literature and comparative analysis of the EU, US, and UK, this article examines whether enforcement credibility rather than regulatory complexity determines compliance outcomes, and argues that si

Europe's Sustainable Finance Disclosure Regulation has transformed ESG fund classification through its Article 6, 8, and 9 categories, but the recent SpaceX IPO has exposed critical ambiguities in the "good governance" requirement. With over 60% of EU funds potentially restricted from participating in the largest IPO ever due to concerns about Elon Musk's concentrated control and governance structure, the question arises: can fund managers reconcile SpaceX's unique corporate governance with SFDR's green inv

European independence requires financing, agreement on capital deployment, risk allocation and arrangements for when investment, markets or public finances come under pressure. This Client Alert assesses the implications of Commission President von der Leyen's 2026 State of the European Union speech for financial services, examining how banking competitiveness, market integration, industrial capacity, climate resilience and economic security converge into a single policy programme.

The European Securities and Markets Authority has published its 2027 work programme and simplification report, signaling a shift toward operational supervision of capital markets. Firms now face critical decisions on T+1 settlement readiness, innovation controls, and reporting reform, while crypto-asset service providers must address non-compliant tokens within three months.

The European Central Bank has articulated a comprehensive vision for the EU's digital finance architecture, positioning deeper financial integration as essential for Europe's economic future. This analysis examines the ECB's technical stance on the Market Integration and Supervision Package, which proposes to transfer significant supervisory powers to ESMA while addressing persistent gaps in cross-border capital allocation.

A critical deadline looms for European issuers with securities traded outside the EU, as a key grandfathering clause under the CSD Regulation expires on 17 January 2027. Without timely regulatory action, third-country central securities depositories like DTC may be forced to suspend services to affected EU issuers, potentially disrupting trading in their equity and debt instruments on international markets.

The European Banking Authority and European System of Central Banks have published responses to the Markets in Crypto-Assets Regulation consultation that signal a fundamental shift in EU digital finance architecture. Rather than expanding MiCAR's scope, regulators are focusing on repairing critical interfaces between crypto regulation and traditional financial services, addressing stablecoin liquidity, bank issuance models, group supervision, and the private-law treatment of tokens.

ESMA's latest report reveals a critical legal gap in the rapidly growing tokenised equities market: transferring a token does not necessarily transfer legal title to the underlying share. As the market for tokenised representations of equities has surged from €0.3 billion to €1.9 billion in just 18 months, the distinction between economic exposure and legal ownership has become a pressing concern for investors, platforms, and regulators alike.

The European Parliament has finalized its position on proposed amendments to the EU securitisation framework, setting the stage for trilogue negotiations with the Council and Commission.