563 results found

On 12 September 2024, the Single Resolution Board (SRB) published its second report (the Report) on resolution planning and crisis management for smaller banks...

On 14 August 2024, the European Central Bank (ECB) published harmonised rules and arrangements for the mobilisation and management of collateral in Eurosystem credit operations.

Art. 4 Abs. 2 der Richtlinie 93/13/ EWG des Rates vom 5. April 1993 über missbräuchliche Klauseln in Verbraucherverträgen ist dahin auszulegen, dass der Begriff „Hauptgegenstand des Vertrags" ...

On 24 February 2026, the European Securities and Markets Authority (ESMA) issued a public statement addressing the increasing prevalence of derivatives marketed as "perpetual futures"...

Germany is implementing a stricter licensing regime for consumer credit brokers starting November 2026, requiring proof of expertise and prohibiting sales-based compensation. The new rules expand requirements for intermediaries while exempting small and medium-sized enterprises that finance their own sales, fundamentally reshaping how credit brokerage operates in the German market.

This Client Alert is dated as of 13 March 2023 and comes after a range of resolution actions that have been taken in the US, the UK and equally certain measures that have been taken in the EU-27...

The European Supervisory Authorities (EBA, ESMA and EIOPA – together, the ESAs) have published their Final Reports to the European Commission on greenwashing in the financial sector.

ESMA adopts final product intervention measures to restrict the provision of CFDs and prohibit the provision of binary options to retail investors

On 16 October 2025, the Joint Committee (JC) of the European Supervisory Authorities (ESAs)—comprising the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA)...

The European Banking Authority (EBA) published its 2024 Annual Report in May 2025 (the Report), providing a comprehensive overview of its regulatory, supervisory and policy activities throughout 2024.

On July 5, 2013, the German Federal Council (Bundesrat) decided to raise no objection against the CRD IV Implementation Act passed by the German Federal Parliament (Bundestag) on June 27, 2013.

Outsourcing in the financial sector is highly regulated, technically complex and involves many stakeholders. This article highlights key distinctions, negotiation pitfalls and legal focus areas, and gives practical guidance on how to structure cooperation and outsourcing agreements effectively.

The adage that prime brokers cannot fail has long been disproven - notably by the failures of Lehman, MF Global and many others that have since led to a flurry of legislative, regulatory and institutional reforms being put in...

After the 2025 German federal parliamentary election, the parties CDU (Christian Democratic Union), CSU (Christian Social Union), and SPD (Social Democratic Party of Germany)...

QuickTake – A further step to empower individuals to act against corporate wrongdoings? Or more window dressing?

BaFin has released draft guidance on amendments to Germany's Capital Investment Code (KAGB) following the Fund Risk Limitation Act (FRiG), introducing significant changes to authorization procedures for capital management companies. The circular addresses new requirements for senior managers, including mandatory full-time employment and EU residency rules, while providing grandfathering provisions for existing structures.

Following recent bank failures that occurred outside of the EU, the European Parliament's Economic and Monetary Affairs Committee (ECON) on 21 March 2023 held a public hearing...

On 4 March 2024, the European Parliament's Committee on Economic and Monetary Affairs (ECON) reintroduced the "Esther de Lange Report" from 2016.