On May 2, 2025, the European Commission launched its anticipated "Call for Evidence" (CfE) on revising the European Union's Sustainable Finance Disclosure Regulation (SFDR), open for feedback until May 30, 2025.

We will briefly set out hereunder the changes under the Draft PSD3 as well as the new content of the Draft PSR.

On 26 March 2024, Directive (EU) 2024/927 — amending Directive 2011/61/EU (the AIFMD) and Directive 2009/65/EC (the UCITSD) — was published in the Official Journal of the European Union...

The financial services industry has always been at the forefront of technological adoption, from the early days of electronic trading to the current wave of artificial intelligence.

On 6 March 2025, the Commission de Surveillance du Secteur Financier (the CSSF) released a communication on a new upcoming evolution in the electronic VISA stamp procedure for the prospectus...

A few weeks after the publication of the European Supervisory Authorities' (the "ESAs") joint opinion on the Sustainable Finance Disclosure Regulation (the "SFDR")...

On 23 October 2023, the Council of the European Union (the Council) adopted in first reading the regulation on European green bonds standards (the EU GB Regulation).

Directive (EU) 2022/2464 of the European Parliament and of the Council of 14 December 2022 on corporate sustainability reporting (the CSRD) applies to a wide range of entities...

Following the European Commission (the EC)'s public consultations in 2023 and as part of the EC's overall review process of the Sustainable Finance Disclosure Regulation (SFDR)...

The Anti-Money Laundering Regulation introduces significant changes to Customer Due Diligence requirements, expanding trigger events and deepening information obligations. Organizations must understand these new compliance measures, including lower transaction thresholds, enhanced sanctions screening, and stricter reporting requirements before the July 2027 implementation deadline.

The Anti-Money Laundering Regulation introduces sweeping changes to EU financial compliance, establishing a EUR 10,000 cap on cash transactions, prohibiting anonymous financial instruments, and mandating the conversion of bearer shares. These measures fundamentally reshape how businesses handle large payments and corporate ownership structures, with strict deadlines and automatic penalties for non-compliance.

The EU's comprehensive Anti-Money Laundering and Counter-Terrorist Financing package introduces four legislative texts that harmonise and strengthen AML-CTF rules across member states...

On 5 April 2023, the EC published its long-awaited Q&A document clarifying key points relating to the SFDR, in particular regarding the definition of "sustainable investments" and "consideration of the principal adverse impacts".

On November 25, 2021, the European Commission put forward the long-awaited proposal for amendments ...

On 15 May 2024, the Commission de Surveillance du Secteur Financier (the "CSSF") published a communication related to the European Securities and Markets Authority...

The European Securities and Markets Authority (ESMA) has recently (i) identified areas where improvements to the supervision of sustainability risks and disclosures are needed...

On 18 June 2024, the three European Supervisory Authorities (EBA, EIOPA, and ESMA, collectively known as the ESAs) published an opinion (the Opinion) on the evaluation of the Sustainable Finance Disclosure Regulation (SFDR).

The current environment of global uncertainty, marked by significant events such as armed conflicts and drastic changes in interest rates, has considerably amplified the importance...

Mandated by the European Commission (the "EC") in May 2022, the European Supervisory Authorities ("ESAs") published their individual final report (the "Final Report")...

On 12 May 2022, the reporter of the Committee on Economic and Monetary Affairs of the European Parliament (ECON) published its draft report.