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2 months ago | 
mondaq.com | Byrne Wallace |Alexander Behrens |Dorothee Atwell |Stephan Funck
AO A&O Shearman More A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world.
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2 months ago | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) Germany -
BaFin: Report on risks in focus 2025 (Report über Risiken im Fokus 2025) Status: Final -
BaFin has published its annual report on the risks it will focus on throughout the year in English and German. It sets out the main risks that BaFin has identified for the financial stability or integrity of the financial markets in Germany and that it will pay particularly close attention to in 2025.
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Jan 6, 2025 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) International -
FSB: Plenary December 2024 -
Status: Final -
The FSB has set out the outcomes of its Plenary that met on 3 and 4 December. Points of interest include: (i) climate-related financial risks – the Plenary discussed progress in the four areas of the roadmap for addressing climate-related financial risks as well as EMDE-specific climate vulnerabilities and ways to help address those vulnerabilities.
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Dec 2, 2024 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) Germany -
BReg: Government draft on the Second Future Financing Act (Regierungsentwurf zum zweiten Zukunftsfinanzierungsgesetz)
Status: Draft -
The Federal Government (Bundesregierung – BReg) has published a government draft on the Second Financing for the Future Act (Zweites Zukunftsfinanzierungsgesetz – 2. ZuFinG).
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Nov 4, 2024 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General
(i) EU -
ESRB: Speech on old and new frontiers of the ESRB: Systemic risk, non-banks and data analysis -
Status: Final -
The ESRB has published a speech by Olli Rehn, ESRB First Vice-Chair, on new frontiers in macroprudential policy.
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Oct 2, 2024 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) EU -
EC: Report on the future of European competitiveness Status: Final -
The EC has published a report on the future of European competitiveness, prepared by Mario Draghi, former President of the ECB. The report aims to set out a new industrial strategy for Europe to overcome barriers to the EU’s competitive strength. It sets out priority proposals in the short and medium term in key strategic sectors.
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Sep 10, 2024 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Suzana Cvejic
ON THIS PAGE1. The DORA legislative framework is made up of multiple sets of texts2. Strict regime of sanctions applies in case of non-compliance with DORA requirements3.
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Sep 10, 2024 | 
lexology.com | Catharina Glugla |Jan Schroder |Alexander Behrens |Dorothee Atwell |Achim Schmid |Ruth Rawas | +2 more
The Digital Operational Resilience Act EU 2022/2554 (DORA) constitutes a groundbreaking EU regulation designed to establish a unified framework for bolstering cybersecurity and operational resilience within the financial sector. This regulation imposes a set of obligations and standards upon financial entities, ensuring their capacity to proactively prevent, detect, mitigate, and respond to incidents and risks arising from Information and Communication Technology (ICT).
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Sep 4, 2024 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) EU -
EBA: Opinion on measures in accordance with Article 458 CRR following a notification by the De Nederlandsche Bank -
Status: Final -
The EBA has published an Opinion following the notification by the Dutch Central Bank (De Nederlandsche Bank – DNB) of its intention to extend a measure originally introduced in 2022 for a further two years until 2026.
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Aug 6, 2024 | 
jdsupra.com | Dorothee Atwell |Alexander Behrens |Stephan Funck
1. Bank regulation -
1.1 PRUDENTIAL REGULATION -
a) General -
(i) International -
BCBS: Consultation on report regarding various technical amendments and FAQs -
Status: Consultation -
Deadline for the submission of comments: 19/08/2024 -
The BCBS has launched a consultation on proposals for certain technical amendments to the Basel framework.
