Last updated: July 2026 A firm running a UK crypto exchange or custody desk has, until now, operated on a Money Laundering Regulations registration, a light-touch anti-money-laundering permission and little else. On 30 June 2026 that arrangement stopped being enough. The FCA published the final rulebook for the FCA cryptoasset regime, and the rulebook treats…
Last updated: June 2026 If a bank wants to call a senior non-preferred note before its contractual maturity, the treasury desk has the cash ready, the replacement issue priced, and one thing standing in the way: a permission from the Single Resolution Board. Get the timing of that permission wrong and the whole liability-management exercise…
Last updated: June 2026 A group headquartered in New York, Tokyo or Sao Paulo with no EU listing and no intention of ever seeking one can still be pulled into European sustainability reporting. CSRD third-country reporting reaches groups through the size of their European activity, not through a securities admission. If a non-EU group sells…
Last updated: June 2026 APRA’s proposed risk-weight changes, released for consultation on 29 June 2026, land in a quiet part of your capital stack, and that is exactly why they are easy to get wrong. A lower risk weight only flows through to your capital ratio if the underlying exposure is mapped into the right…
Last updated: June 2026 Open the control-mapping file for a significant institution and you will find dozens of cells pointing at ECB supervisory guidance: a guide behind a data lineage control, a methodology note behind a SREP self-assessment, a letter framing a board reporting line. On 26 June 2026 the ECB labelled around 40 of…
Last updated: June 2026 An EBA validation rules update your engine misses can do real damage. A deactivated rule that keeps running locally can block a submission the supervisor would have accepted, send your team chasing a data point that was never wrong, and burn hours close to a remittance date that does not move….
Last updated: June 2026 The rulebook your ICAAP package, your ILAAP submission and your Pillar 2 reconciliation were written against is being repealed. On 26 June 2026 the European Banking Authority published its revised SREP guidelines (EBA/GL/2026/06), and from 1 January 2027 they replace both the existing SREP guidelines (EBA/GL/2022/03) and the standalone guidelines on…
Last updated: June 2026 A cross-border payment is held due to incomplete beneficiary information. The originator name is present, the amount is present, but the beneficiary field is a single block of free text that the receiving institution’s screening engine cannot parse into a name, a country and a town. The transfer is held, a…
Last updated: June 2026 MiCA defines maximum thresholds for administrative fines under Article 131, with ceilings dependent on issuer type. Until late June 2026, there was no published account of how the EBA would land on a figure inside that ceiling. The EBA has published a consultation on its approach to applying the MiCA fining…
Last updated: June 2026 Finansinspektionen has confirmed that the annual AML reporting to FI will be comprehensively updated from 1 January 2027. The new questions replace the current question set, cover obliged entities’ inherent risks and control environments, and align with risk indicators developed with the EBA and AMLA for the EU common risk classification…