On March 10, 2016, Commission Implementing Regulation was published in the Official Journal of the European Union, which amends the Implementing Technical Standards on supervisory reporting...

On June 17, 2015, a regulation which amends the regulatory technical standards for own funds requirements was published in the Official Journal of the European Union.

The consultation also seeks views on the levels of indicative benchmarks for loss expectations when higher risk weights are set. Responses to the consultation are due by October 6, 2015.

On December 18, 2015, the EBA published an opinion, dated December 16, 2015, addressed to national regulators and the European Commission on the interaction of Pillar 1...

According to the EBA, the amendments are necessary corrections following changes introduced by the European Commission during the legal adoption process of the original RTS.

On November 12, 2015, the EBA published a report on the use by banks of the possibility to increase the maximum ratio between variable and fixed remuneration up to 200% with shareholder approval.

On February 13, 2015, a European Central Bank Recommendation on dividend distribution policies was published in the Official Journal of the European Union.

On March 18, 2016, the European Commission adopted a Delegated Regulation on the classes of arrangements to be protected in a partial property transfer or where a contract is forcibly modified by a resolution authority.

The outcome of the assessment is that the Commission does not think that it is appropriate to propose amendments to the rules at this time...

On April 22, 2016, the European Banking Authority published a call for advice it had received from the European Commission regarding revisions to the own fund requirement for market risk as part of the CRR review.

On December 16, 2015, the European Commission published a proposed Regulation which would amend the CRR with regards to exemptions for commodity dealers.

On April 6, 2017, the European Commission published a speech that considered a number of areas in the financial services sector where action can be taken to reduce uncertainty and strengthen recovery.

On May 28, 2015, the European Commission published a press release announcing that it has requested 11 member states to fully implement the BRRD.

. The referral follows a request in May 2015 by the Commission to 11 Member States, including the above six Member States, to fully implement the BRRD.

The European Court of Justice has held in the case of Banif Plus Bank Zrt. V. Marton Lantos and Martonne Lantos that foreign exchange transactions which are part of foreign currency denominated loans do not constitute investments services.

Once adopted, member states will have two years to transpose the directive into national law.

The European Parliament intends to consider the proposed Directive on payment services in the internal market (PSD2) in its plenary session to be held from October 5 – 8, 2015.

The European Parliament has announced that it will consider the MMF regulation during its upcoming plenary session, currently scheduled to be held April 3-6, 2017.

On September 23, the FCA provided updated information on its dedicated AIFMD webpage for firms applying for authorization to act as a depository or trustee of an alternative investment fund.

The deadline for responses to the consultation is February 2, 2015.