The EU top banking regulator criticized earlier this week the EU Commission, saying its proposal to delay a part of the Basel III rules was "not necessary." mlexmarketinsight.com/news/insight...
The latest Basel rules should be applied with no further delay, the head of the European Central Bank's branch for banking supervision, told the EU Parliament's committee on economic affairs today
Mario Draghi did not reveal much about his incoming report when he spoke at Coreper today - but we still worked a small readout ⬇️ content.mlex.com#/content/159...
EU banks have filed complaints against decisions of the Single Resolution Board requesting them to pay into their own resolution fund. Those decisions were issued following the cancellation of previous ones in earlier court cases filed by the same banks.. mlexmarketinsight.com/news/insight...
EU banks are opening a new front in their legal battle with their own bailout fund by asking the EU courts to cancel recent decisions from the Single Resolution Board
Providers of e-money tokens in the EU fear that they will have to apply for licenses under both the Payment Services Directive and the Markets in Crypto-Assets Regulation from next January
One topic keeping EU financial lobbyists and consultants busy over the long summer is how the bloc's rules on payment services interact with new market rules for cryptoassets, with particular regard t...
The upcoming shortening of the settlement cycle in the EU should apply to both primary- and secondary-market transactions, the EU Commission suggested in a note seen by MLex content.mlex.com#/content/158...
The European Banking Authority will set up in January 2025 a Crypto-Assets Standing Committee, with members of national competent authorities. The precise mandate is due to be approved by the EBA's Board of Supervisors in the third quarter of 2024
The European Banking Authority will establish a new Crypto-Assets Standing Committee to "support the preparation of EBA decisions relating to its supervisory tasks," according to minutes of an interna...
Despite the ruling, Dmitry Pumpyansky is still under EU sanctions, as those were rolled over last March, when court's proceedings were still under way eur-lex.europa.eu/eli/dec/2024...
The Council of the EU is planning to appeal a recent ruling it lost at the EU General court, and in which judges said Russian oligarch Dmitry Pumpyansky should have not have remained under EU sanctions content.mlex.com#/content/158...
A total of 41 European banks - including Deutsche Bank, Dexia, and Credit agricole - saw last week their last financial contribution to the EU bailout fund for credit institutions cancelled by EU judges content.mlex.com#/content/158...
The next EU Commissioner for financial services should focus on implementing the recently adopted texts, rather than enacting new regulation, the outgoing commissioner Mairead McGuinness told MLex content.mlex.com#/content/157...