Financial Regulation
ECB’s review of management bodies of EU banks
Early 2023, the European Central Bank (ECB) conducted a review of management bodies in a sample of 20 banks across the European Union.
Consultation on draft technical standards under MiCAR
The MiCAR aims to create a broad EU regulatory framework for the issuance of, intermediating and dealing in, crypto assets. MiCAR entered into force in June 2023. Both ESMA and EBA published consultation papers including draft technical standards.
Financial Regulation – Q2 2023 Update
Changes to Dutch financial regulations entered into force on or around 1 July, including notable amendments for holders of a qualifying holding in certain Dutch regulated financial institutions. We have listed the main changes in this publication.
Commission publishes PSD3 and PSR Proposal; a tightening of the regulation of payment services providers in the EU
On June 28, 2023, the European Commission published a set of new legislative proposals, including PSD3, aimed at ushering in the digital era for payments and the broader financial sector, with a particular focus on consumers.