32 results found

The Council of the EU has published final compromise texts for the Third Payment Services Directive (PSD3) and Payment Services Regulation (PSR), marking a significant shift toward harmonised payment services regulation across the Single Market. The package introduces stricter conduct rules, enhanced consumer protections, and explicit provisions for crypto-linked payment activities, while addressing fragmentation issues that emerged under PSD2.

Commission Delegated Regulation (EU) 2026/2343 amends the regulatory technical standards governing clearing thresholds under EMIR, introducing a revised framework that distinguishes between...

The European Union has adopted its 21st package of sanctions against Russia and Belarus, significantly expanding restrictions across finance, energy, crypto, and military-industrial sectors. This comprehensive package introduces 218 new designations, freezes the oil price cap, imposes stricter LNG controls, and closes loopholes while reinforcing measures to discourage third-party sanctions evasion. The sanctions also strengthen protections for EU operators and facilitate business exits from Russia.

On 26 February 2026, the European Securities and Markets Authority (ESMA) published a supervisory briefing to aid national competent authorities (NCAs) with their supervision of algorithmic trading in the EU...

The European Union has adopted its 20th sanctions package against Russia, marking the first-ever activation of the EU's anti-circumvention tool and introducing comprehensive measures across Russia's energy sector, military-industrial complex, and financial system. This unprecedented package includes 120 new asset-freeze and travel-ban listings, restrictions on LNG terminal services, shadow-fleet vessel designations, and enhanced legal protections for EU operators facing retaliatory proceedings.

The Court of Justice of the European Union has issued a landmark ruling that fundamentally changes how consumer credit providers must calculate borrowing rates across all EU Member States. The judgment establishes that interest may only be applied to the actual credit amount made available to consumers, not to financed costs such as insurance premiums that form part of the total cost of credit. This binding decision has immediate implications for credit institutions, consumer lenders, and firms providing mo

The European Union's Retail Investment Strategy represents a comprehensive overhaul of investor protection rules across multiple financial services directives, fundamentally reshaping how investment products are manufactured, distributed, and disclosed to retail investors. With political agreement reached and formal adoption imminent, financial institutions face significant compliance challenges around inducements, value-for-money assessments, and enhanced disclosure requirements that will transform retail

The European Union's EMIR clearing thresholds regime undergoes significant changes effective November 10, 2026, introducing new calculation methodologies that distinguish between cleared and uncleared derivatives. Financial counterparties will face two separate threshold tests while non-financial counterparties will calculate positions on an entity-only basis, marking a fundamental shift in how derivatives market participants determine their regulatory obligations.

The European Anti-Money Laundering Authority (AMLA) has launched three major consultations on draft guidelines and technical standards that will shape how financial and non-financial entities monitor business relationships, report suspicious activities, and assess money laundering risks. These proposals aim to enhance consistency and information-sharing across the EU, with final guidelines and standards expected between Q4 2026 and November 2026. Stakeholders have until September 2026 to provide feedback on

The European Banking Authority and European Securities and Markets Authority have launched a joint consultation on revised Guidelines for suitability assessment of management body members and key function holders in banks and investment firms, implementing CRD VI amendments that substantially strengthen the EU's harmonised fit-and-proper framework. Running until 25 May 2026, the consultation introduces expanded scope to key function holders, enhanced ESG and ICT competence requirements, and new ex ante asse