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  • Article

    SOTEU 2026: Europas Neue Finanzierungsarchitektur Nimmt Gestalt An

    European independence is ultimately a question of financing. The State of the European Union 2026 demonstrates how Banking Union, Savings and Investments Union, crisis management, market supervision, insurance resilience, and strategic financing are increasingly being considered together. Particularly relevant for financial market participants are the planned Bank Competitiveness and Simplification Package, new considerations for cross-border capital and liquidity mobility, EDIS and crisis financing, the de
    GermanyFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    EBA 2027: Weniger Regelungsdichte – Aber Mehr Umsetzungsdruck?

    The European Banking Authority's 2027 work programme signals a fundamental shift in regulatory approach, moving from prescriptive rule-making toward data-driven, comparative, and results-oriented supervision. With implementation of the Banking Package, PSD3/PSR, CMDI, DORA, MiCAR, and EMIR on the agenda, the EBA introduces a new supervisory convergence framework that emphasizes actual implementation effectiveness over mere formal compliance.
    Germany
Finance and Banking
PwC Legal Germany
PwC Legal Germany
  • Article

    EZB-SSM zieht Grenze zwischen Aufsichtsregeln und Erwartungen neu

    The European Central Bank has completed a comprehensive review of its supervisory publications within the Single Supervisory Mechanism, analyzing approximately 130 documents...
    GermanyFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    Gemeinsame EU-Aufsichtsprioritäten Für 2027 – Was Finanzunternehmen Jetzt Vorbereiten Sollten

    The Joint Committee of European Supervisory Authorities has released its 2027 work programme, outlining concrete steps for digital resilience, investor protection, sustainable finance, and supervision of financial conglomerates. Financial institutions must now prepare for enhanced oversight of critical technology service providers, revised capital reporting requirements, and updated product information standards, while distinguishing between existing obligations and reforms still pending legislative approva
    GermanyFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    EU-Bankenwettbewerbsfähigkeit: Europäische Kommission Skizziert Kurs Für Regulatorische Reformen

    Die Europäische Kommission hat einen Fahrplan zur Stärkung der Wettbewerbsfähigkeit des europäischen Bankensektors vorgelegt, der auf gezielte Vereinfachung statt Deregulierung setzt. Der Fokus liegt auf dem Abbau regulatorischer Komplexität, effizienterer Kapital- und Liquiditätsnutzung sowie der Frage, wie Banken wieder stärker zur Finanzierung von Wachstum und Transformation beitragen können.
    GermanyFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    EU Banking And Finance Regulatory Newsletter - September 2018

    As Europe returned from a busy summer to a September full of policy speeches, summits and schedules, all of which sought to set the tone for the EU ...
    European UnionGovernment, Public Sector
    Dentons
    Dentons
  • Article

    Data Protection And Consumer Information Rights

    On 30 July 2008 Germany's federal government published a revised draft (Kabinettsentwurf) of an act changing and amending the German Federal Data Protection Act (Bundesdatenschutzgesetz).
    GermanyFinance and Banking
    Squire, Sanders & Dempsey L.L.P.
    Squire, Sanders & Dempsey L.L.P.
  • Article

    ECB-SSM Redraws The Boundary Between Prudential Rules And Supervisory Expectations

    The European Central Bank's Single Supervisory Mechanism has completed a comprehensive review of approximately 130 supervisory publications, discontinuing around 40 documents and introducing clearer classifications for its guidance.
    GermanyFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    Do You Need To Pay For Saying "DAX"?

    A bank is entitled to use the name "DAX®" to communicate that its financial instrument is linked to the rate of the DAX.
    GermanyIntellectual Property
    Allen & Overy
    Allen & Overy
  • Article

    EBA Sets Its 2027 Supervisory Agenda

    The European Banking Authority has released its 2027 Annual Work Programme, marking a strategic pivot from rule design to implementation assessment. With 251 deliverables organized around resilience, efficiency and transformation, the programme integrates geopolitical risk into prudential supervision and expects authorities to assess stress assumptions, credit-loss models and business-model resilience as interconnected elements rather than isolated metrics.
    GermanyFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    Branch Capital for Banks - Finance Ministry Republishes Draft Decree

    The finance ministry has published a slightly amended version of its draft decree of February 2004 on the minimum branch capital to be attributed to branches of foreign banks for tax purposes.
    GermanyTax
    PricewaterhouseCoopers
    PricewaterhouseCoopers
  • Article

    Possible Licensing Requirement For Private Equity Funds-Of-Funds Under The German Banking Act

    In our Client Memo of December 2, 2011, we reported on the adoption of the "Act Reforming the Laws on Intermediaries for Financial Investments and on Investment Products" ("Act").
    GermanyFinance and Banking
    POELLATH
    POELLATH
  • Article

    Banking And Investment Firm Regulation: European Commission Report On CRD Remuneration Rules

    With this report the Commission expresses its views in favour of certain legislative amend-ments of the remuneration rules under CRD IV.
    European UnionFinance and Banking
    POELLATH
    POELLATH
  • Article

    German Federal Court Of Justice Decision Supports Loan Transfers By German Banks To Funds

    The financial crisis in 2008 has led to regulatory changes in the financial sector worldwide. The regulatory environment for banks organised in the European Economic Area ("EEA") in particular has been subject to many material changes since 2008, and further regulatory changes are in the process of implementation by the competent national and supranational authorities.
    GermanyCorporate/Commercial Law
    Dechert
    Dechert
  • Article

    Legal Problems Arising in the Course of the Transfer of Credit Portfolios Can be Solved

    Although many legal aspects have to be observed within the course of the sale of distressed loans, there are no legal obstacles in Germany which would bar such sales.
    GermanyFinance and Banking
    Mayer Brown
    Mayer Brown
  • Article

    Deutsche Bank Liable In Misselling Suit About Spread Ladder Swaps - Misselling Liability In Germany And England

    The financial crisis and ensuing losses suffered by counterparties to various structured product transactions has provoked an outbreak of "misselling" cases.
    GermanyFinance and Banking
    Baker McKenzie
    Baker McKenzie
  • Article

    New Opportunities For Hedge Funds in Germany

    A German Investment Act and Investment Tax Act came in into effect in early 2004.
    GermanyTax
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    SREP 2019 Navigating The Challenges Ahead For SSM And Non SSM Operations

    This Client Alert looks at some of the key themes for supervised institutions from the SSM's SREP 2019 process.
    European UnionFinance and Banking
    Dentons
    Dentons
  • Article

    EBA Launches Consultation On Reporting Framework 4.3 – New AML And Third‑Country Branch Reporting Requirements

    The European Banking Authority has released a draft technical package for version 4.3 of its reporting framework, introducing new supervisory reporting requirements for third-country branches under CRD VI and AML-related reporting supporting AMLA's supervision framework. With consultation open until May 2026 and implementation dates approaching in late 2026 and early 2027, financial institutions must assess their exposure to these requirements and begin preparing their data systems and reporting processes.
    European UnionFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
  • Article

    EBA Publishes Report On Diversity Practices And The Gender Pay Gap At The Level Of The Management Body Of Banks

    EBA reports growth in female representation on banks' boards but laments slow growth overall and warns that imbalances remain...
    European UnionFinance and Banking
    PwC Legal Germany
    PwC Legal Germany
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