Blog
MiCA Regulation : Cooperation and Reporting Standards
On November 27-28, 2024, the European Commission published critical updates to the Markets in Crypto-Assets Regulation (MiCAR) in the Official Journal of the EU. These updates establish technical standards essential for MiCAR's implementation
MREL and BRRD: EU Banks’ Progress and Remaining Shortfalls
The Minimum Requirement for Own Funds and Eligible Liabilities (MREL) and the Bank Recovery and Resolution Directive (BRRD) are vital to EU financial stability. The EBA’s 2024 MREL Dashboard highlights 94% compliance among banks, reducing shortfalls and strengthening crisis resilience.
Counterparty Credit Risk Management: Guidelines Under Basel III
Basel III counterparty credit risk management (CCR) enhances due diligence, stress testing, and capital frameworks to address systemic vulnerabilities, including NBFI risks, and ensure financial stability.
European Market Infrastructure Regulation (EMIR 3): AAR, Representativeness, and Stress Testing
EMIR 3 updates by ESMA enforce the Active Account Requirement (AAR) and stress testing to strengthen EU CCP reliance, mitigate risks, and enhance financial stability.
DORA Regulation: ICT Risks with CTPPs, Reporting, and EUCLID
ESAs update the DORA Regulation, emphasizing CTPP designation, EUCLID reporting, and validation rules to boost financial resilience against ICT risks.