Considered the preferred resolution strategy by several banking groups, the bail-in instrument is often presented as the most effective...
European Financial Institutions
Welcome to our European Financial Institutions Blog
bringing you updates on legal and regulatory developments affecting
financial institutions operating across Europe.
On 24 October 2023, the PRA and the FCA issued a joint policy statement (PS) announcing that the bonus cap would be scrapped from 31...
On 27 October 2021, the European Commission published the EU Banking Package 2021 which contains draft amendments to the centrepieces of...
Following a consultation in the summer of last year, the ECB, on 8 December 2021, has published a revised version of its Guide to fit and...
UK regulatory reform pushes on, with its key drivers of bolstering the UK’s position as a global financial centre and, as the UK...
Loyalty shares now available for Spanish listed banks as a CET 1 instrument The 2021 reform of the Spanish Companies Act means that...
The UK/EU deal After much uncertainty throughout the Brexit transition period that any UK/EU deal was going to be possible, the Trade and...
The UK government confirmed, in its June 2020 statement, that the Capital Requirements Directive V (CRD V) and the vast majority of the...
Consolidation in the banking sector remains a hot topic, not only for market participants, but also for supervisors that are tasked with...
Sam Woods, CEO of the UK's Prudential Regulation Authority (PRA), gave a speech in November 2020 introducing plans for a 'simpler' regime...
On 14 November, Law 7/2020 on digital transformation of the financial system entered into force, which establishes and governs the first...
On 28 July
2020, the ECB extended its recommendation that banks suspend the distribution of dividends and share buybacks until 1 January...
As a general rule, Portuguese law imposes strict legal restrictions on lending carried out on a professional basis, which is reserved to...
In response to the COVID-19 crisis, and in line with international and European authorities (in particular the European Central Bank...
The new EU Covered Bond Directive (which came into force, together with an EU Regulation, in January 2020 and needs to be implemented in...
In March, the Dutch Central Bank (DNB) announced a number of measures for banks in response to COVID-19, in large part following the...