The EU's Market in Crypto-Assets Regulation (MiCAR) became fully operational as of 30 December 2024. As explored in PwC Legal's EU RegCORE' series...

On 24 May 2024 the European Banking Authority (EBA) released an inaugural Report on the issuance of virtual International Bank Account Numbers (VIBANs).

On 22 November 2022 the European Banking Authority (EBA) published its long-awaited "final report" containing a cost-benefit analysis, summary of the amendments to the draft version...

The increasing sophistication and scope of cyberattacks on financial services firms but also against central banks and financial services regulators has brought the issue of cyber-resilience into the focus of regulators and ...

The European Commission has launched dual consultations on the Markets in Crypto-Assets Regulation (MiCAR), seeking feedback from both retail users and industry stakeholders on whether the regulation remains fit for purpose. Key areas under review include the treatment of decentralized finance, stablecoins, crypto-asset service providers, NFTs, tokenised deposits, and the private-law treatment of tokens, with responses due by 31 August 2026.

Germany's coalition government has proposed sweeping reforms to employment law that could fundamentally reshape fixed-term contracts, dismissal protection, co-determination rights, and sick leave reporting. The measures aim to strengthen Germany's competitiveness amid technological change, demographic pressure, and international competition, offering employers significantly expanded flexibility while tightening certain compliance requirements.

EBA reports growth in female representation on banks' boards but laments slow growth overall and warns that imbalances remain...

On 16 July 2024, the European Securities and Markets Authority (ESMA) published a consultation paper (CP) and draft regulatory technical standards (RTS) specifying the criteria for establishing...

On 10 April 2025, the European Securities and Markets Authority (ESMA) published its Final Report and (in Annex II thereto) the Final Draft regulatory technical standards...

The European Commission has proposed EU Inc, a harmonized corporate legal framework allowing companies to incorporate under a single European company-law form across all 27 Member States. This initiative aims to reduce legal fragmentation and transaction costs that currently discourage companies from scaling within the Single Market, addressing Europe's challenge of converting startups into unicorns at scale comparable to the United States. The proposal represents not merely a company-law simplification but

As explored in an earlier Client Alert,Show Footnote the European Securities and Markets Authority (ESMA) published its annual work programme (AWP) for 2025 on 1 October 2024.

On 19 March 2025, the European Commission (the Commission) unveiled its long-awaited Savings and Investments Union (SIU) strategy.

On 23 October 2025, the EU Member States adopted the 19th package of sanctions against Russia, which is intended to significantly increase pressure on the Russian war economy.

In 2019 the ESAs (i.e., EBA, EIOPA and ESMA) published a first joint report (the 2019 Joint Report) on what it termed "Innovation Facilitators" i.e., Innovation Hubs and Regulatory Sandboxes.

On 7 September 2023, the Court of Justice of the European Union (CJEU)Show Footnote released (i) a judgment concerning powers to withdraw authorisations of credit institutions...

Regulated complaints, i.e., complaints submitted by clients (mostly consumers) of financial services firms are a fundamental right enshrined in EU law as well as Member States'...

The European Central Bank (ECB) has during April 2025 updated and on 6 May 2025 published an updated Guide to consultation by national authorities...

Since the 2008 global financial crisis (GFC), supervisory monitoring of credit origination and servicing standards as well as consumer protection compliance has increased and COVID-19 presented the next catalyst.

After long and intense negotiations, the EU's co-legislators, the European Parliament and the Council agreed details, along with some last-minute surprises...

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...