On 12 February 2025, the European Commission (the Commission) published a proposal for an EU Regulation as regards a shorter...

On 17 February 2026, the European Securities and Markets Authority (ESMA) imposed a total fine of EUR 1,374,000 on REGIS-TR S.A. for seven infringements under Regulation...

Like the financial services firms they supervise most financial services supervisory authorities, whether it is the national competent authorities (NCAs) or the European Central Bank (ECB)...

On 17 August 2022 the European Central Bank (ECB) acting in its role at the head of the Banking Union's Single Supervisory Mechanism (SSM) published an article...

The Court of Justice of the European Union has issued a landmark ruling that fundamentally changes how consumer credit providers must calculate borrowing rates across all EU Member States. The judgment establishes that interest may only be applied to the actual credit amount made available to consumers, not to financed costs such as insurance premiums that form part of the total cost of credit. This binding decision has immediate implications for credit institutions, consumer lenders, and firms providing mo

The European Union's General Court has ruled that informal supervisory communications from the European Central Bank can constitute legally challengeable acts, even when transmitted via email...

Imagine you design, deploy and deliver (in record time) one of the most comprehensive (regulatory) sandboxes and no one turns up to play.

The European Central Bank (ECB), acting at the head of the Banking Union's Single Supervisory Mechanism (SSM), has had a dedicated focus on digital transformation amongst Banking Union supervised institutions (BUSIs).

On 4 February 2026, the EU's new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) published its Single Programming Document (SPD) for 2026-2028.

Over the past decade, EU financial services regulation has moved through distinct but connected phases. What began as a concentrated effort to repair the damage of the 2008...

Typically, in the fourth quarter annually, EU-level authorities publish their Annual Work Programmes (AWPs).

On 3 November 2025, the European Banking Authority (EBA) published a consultation paper setting out draft guidelines on the authorisation of third country branches (hereinafter referred to as the Guidelines).

The EU's framework known as the Digital Operational Resilience Act (DORA) establishes a harmonised regulatory framework to strengthen the digital operational resilience of the EU financial sector.

As we enter 2026, it has become increasingly clear that EU financial regulation is no longer evolving in isolation. Instead, it is increasingly evident that the global financial system is no longer adjusting to temporary disruption but is instead operating within a structurally altered geopolitical, economic and regulatory environment.

A major European credit institution's public takeover offer has triggered unprecedented regulatory intervention by Germany's BaFin, which issued a landmark order prohibiting sensationalist advertising on social media platforms.

The European Systemic Risk Board (ESRB) published its Annual Report on its activities in 2024 (the Report) in July 2025. The Report assesses the impact of external shocks—including heightened geopolitical tensions...

Reducing unnecessary bureaucracy is an ongoing task for the German government. In the Coalition Agreement of the 20th legislative period, the governing parties agreed to reduce...

The European Banking Authority and European Securities and Markets Authority have launched a joint consultation on revised Guidelines for suitability assessment of management body members and key function holders in banks and investment firms, implementing CRD VI amendments that substantially strengthen the EU's harmonised fit-and-proper framework. Running until 25 May 2026, the consultation introduces expanded scope to key function holders, enhanced ESG and ICT competence requirements, and new ex ante asse

On 21 October 2025, the European Commission (the EC) published its 2026 Annual Work Programme (AWP) including annexes detailing legislative updates as well as a separate...

On 28 January 2026, Germany's national competent authority (NCA) the Federal Financial Supervisory Authority (BaFin) published its 2026 edition of BaFin's "Risks in Focus" (RiF)...