Regulatory Updates

Regulatory updates from the EBA, ECB, ESMA, FCA, PRA, and other competent authorities, with practical analysis of what changes for reporting teams. Coverage includes EBA framework releases (4.x DPM packages), CRR3 implementation milestones, MiCAR and AML rule developments, sanctions packages, supervisory reporting simplification proposals, CSRD sustainability reporting, and resolution framework changes (CMDI, MREL, SRB consultations). Each article translates the regulator’s announcement into what your firm needs to map, prepare, or change before the deadline. The focus is on banks, fund administrators, payment institutions, CRA-regulated firms, and supervised investment firms across the EU and UK. Use this section to track upcoming compliance deadlines and consultation responses.

Regulatory Updates

SM&CR Reforms 2026: What the New Rules Mean for Firms
April 23, 2026

FCA and PRA confirm phase 1 SM&CR reforms effective 24 April 2026. Fewer certification roles, higher enhanced thresholds, and longer application windows.
Regulatory Updates

ESMA Private Credit Ratings Call for Evidence: What CRA-Regulated Firms Should Watch
April 22, 2026

ESMA’s call for evidence on restricted subscription and private credit ratings closes 31 May 2026. What CRA-regulated firms need to review and prepare now.
Regulatory Updates

JBRC Reporting Contact Group: What the Call for Members Means
April 18, 2026April 18, 2026

The EBA and ECB opened a call for JBRC Reporting Contact Group members with a 28 April 2026 deadline. What reporting teams should know and prepare for.
Regulatory Updates

EBA 4.3 Draft Package: What Reporting Teams Should Map
April 17, 2026April 17, 2026

The EBA published the draft technical package for reporting framework 4.3 covering TCB and AMLA modules. Here is what changed and what to map.
Regulatory Updates

EBA Supervisory Reporting Simplification: What to Flag
April 11, 2026April 11, 2026

The EBA consultation on supervisory reporting simplification closes 10 May and 10 July 2026. What Luxembourg banks should flag before they respond now.
Regulatory Updates

AIFMD II Liquidity Management Tools: What Changes April 2026
April 11, 2026April 11, 2026

AIFMD II liquidity management tools apply from 16 April 2026. What Luxembourg fund managers must select, calibrate, document and notify to the CSSF now.
Regulatory Updates

DORA ICT Third-Party Risk: What the Axios Supply Chain Attack Means for Your Register of Information
April 9, 2026April 9, 2026

How the Axios NPM supply chain attack affects DORA third-party risk, your Register of Information, and ICT incident reporting for Luxembourg firms.
Regulatory Updates

ESMA/EBA Suitability Assessment Guidelines: What the 2026 Consultation Means for Luxembourg Boards
April 5, 2026April 5, 2026

Last updated: April 2026 Get a board appointment wrong in Luxembourg and the CSSF will tell you to fix it. That conversation is not one any institution wants to have, and under the proposed updated suitability guidelines, the scope of what “wrong” looks like just got wider. The joint ESMA-EBA consultation paper (ESMA35-243228190-8034 / EBA/CP/2026/03),…
Regulatory Updates

EBA MREL Impact Assessment 2024: What the Findings Mean for Your Reporting
March 31, 2026March 31, 2026

Last updated: March 2026 If your MREL reporting has settled into a routine since the 1 January 2024 binding target deadline, the EBA just gave you a reason to reopen the file. On 24 March 2026, the EBA published its second Impact Assessment Report on the Minimum Requirement for Own Funds and Eligible Liabilities (MREL),…
Regulatory Updates

CSRD Sustainability Reporting: What Luxembourg Entities Need to Know
March 30, 2026March 30, 2026

Last updated: March 2026 If you work in reporting at a Luxembourg bank, fund manager, or insurance company, the CSRD has probably been on your radar since 2023. You may have started a gap analysis. You may have budgeted for an ESG data platform. And then the Omnibus hit, the scope shrank by roughly 80%,…