In keeping with activity of both the EU-level financial regulatory and supervisory authorities as well as activity advanced at the national level by respective competent authorities...

On 22 November 2022 the Grand Chamber of the Court of Justice of the European Union (CJEU) delivered its judgment in Joined Cases C-37/20 Luxembourg Business Registers and C-601/20 Sovim (the Judgment).

The EU's Market in Crypto-Assets Regulation (MiCAR) became fully operational as of 30 December 2024.

SREP is an important supervisory tool used by the ECB-SSM but also by national competent authorities (NCAs) in setting the tone for the supervisory dialogue...

The adverse effects posted by excessive use of both credit and financial instrument leverage were thrust into the spotlight during the 2008 global financial crisis.

On 20 December 2023 the European Securities and Markets Authority (ESMA) published its 2023 Credit Rating Agency (CRA) Market Share Report.

On 25 November 2025, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) published the Regulation on the Simplification of Ownership...

The European Central Bank (ECB) published its Annual Report on Supervisory Activities for 2024 (the Report) in March 2025...

Recent disruptions in payment transactions have made it clear how vulnerable the payment system remains despite state-of-the-art infrastructure.

Der Bundesgerichtshof hat sich mit der Reichweite der gesellschafterlichen Treuepflicht bei Prozessfinanzierungsvereinbarungen zwischen einer GmbH und einem nahestehenden Gesellschafter befasst. Zugleich wurden grundlegende Anforderungen an die ordnungsgemäße Einberufung von Gesellschafterversammlungen und die Grenzen der Vertretungsmacht nach § 37 Abs. 2 GmbHG bei gesellschafterbeherrschten Vertragspartnern geklärt.

The European Central Bank (ECB) frequently provides legal opinions either on its own initiative or at the request of EU institutions or national authorities with respect to proposed new laws...

As evidenced on 19 July 2024 major IT outages, including those caused by a simple yet apparently defective "content update", can quickly cascade into systemic cyber incidents.

From 9 October 2025, payment service providers (PSPs) in the EU will be required to offer payers a "Verification of Payee" (VoP) service prior to authorising a credit transfer.

On 28 June 2023, the European Commission (the Commission) published a package of legislative proposals to propel payments and the wider financial services sector further into the digital age.

Der Bundesgerichtshof hat entschieden, dass bei der Ermittlung des Schwellenwerts von 500 Arbeitnehmern nach dem Drittelbeteiligungsgesetz keine wechselseitige Zurechnung von Arbeitnehmern eines Gemeinschaftsbetriebs erfolgt. Maßgeblich ist allein die Anzahl der Arbeitnehmer der Aktiengesellschaft selbst. Diese Entscheidung klärt eine bislang umstrittene Rechtsfrage im Bereich der unternehmerischen Mitbestimmung und schafft Rechtssicherheit für Konzernstrukturen.

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.

The Financial Action Task Force is the organisation that sets global standards (Recommendations) to prevent money laundering and financing of terrorism as well as financial crime generally.

COVID-19 has had a transformative impact on traditional office workspace arrangements. Despite some initial (very welcome) improvements to the COVID-19 outlook in Europe, future variants and mutations...

The European Union is implementing its most comprehensive overhaul of payment services regulation since PSD2, merging payment services and electronic money frameworks into a unified system through the new Payment Services Regulation and Third Payment Services Directive. This reform introduces mandatory fraud prevention measures, a harmonized authorization regime, and enhanced open banking requirements that will fundamentally reshape compliance obligations for financial institutions across the EEA.

German corporate group law grapples with a fundamental tension: reconciling the economic interests of a corporate group as a unified entity with the legal principle that each group company operates as an independent legal entity with distinct interests.