Blog
EMIR 3 Regulation and Directive Published
EMIR 3 Regulation strengthens EU clearing markets with active account requirements and risk management updates, reducing third-country CCP dependencies and enhancing financial stability.
DORA Regulation: Mandatory ICT Risk Management and Reporting Changes
The DORA regulation introduces updated reporting requirements, mandating financial institutions to standardize ICT risk data, assess critical services, and enhance subcontracting transparency.
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.
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