EU Regulatory Update

REGULATORY UPDATESGENERAL FSB Launches Consultation Regarding CCP ResolutionOn 4 May, the Financial Stability Board (“FSB”) launched a consultation regarding guidance on financial resources to support central counterparty (“CCP”) resolution and on the treatment of CCP...

EU Regulatory Update

REGULATORY UPDATESGENERAL FSB Publishes Outcome of Meeting to Discuss Financial Risks Posed by COVID-19On 2 April 2020, the Financial Stability Board (“FSB”) published a press release describing the outcome of a telephonic meeting held on 30 March 2020 “to review the...

EU Regulatory Update

REGULATORY UPDATESGENERALIOSCO Publishes Report Regarding Crypto-Asset Trading Platforms On 12 February, the International Organization of Securities Commissions (“IOSCO”) published a report regarding the issues, risks, and regulatory considerations relating to...

EU Regulatory Update

REGULATORY UPDATESGENERAL FSB Publishes Annual Report on Non-Bank Financial IntermediationOn 19 January, the Financial Stability Board (“FSB”) published its annual report on non-bank financial intermediation, which “presents the results of the FSB’s annual monitoring...

EU Regulatory Update

REGULATORY UPDATESGENERAL FSB Publishes Reports on Risks Associated with BigTech and Cloud ComputingOn 9 December 2019, the Financial Stability Board (“FSB”) published two reports regarding (i) the “financial stability implications from an increasing offering of...

EU Regulatory Update

REGULATORY UPDATESGENERAL Council of the EU Publishes Financial Service Legislation UpdateOn 31 October, the Council of the EU published a note from the General Secretariat of the Council to the Delegations of the Council regarding the current status of key financial...