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

ESMA ESEF Taxonomy 2025: What Changes for 2026 IFRS Filings
April 27, 2026July 31, 2026

ESMA published the 2025 ESEF taxonomy and conformance suite for 2026 IFRS filings. Here is what issuers, reporting teams, and software vendors need to change.
Regulatory Updates

CMDI Reform Published in the Official Journal: What Changes for Crisis Management and Deposit Insurance
April 24, 2026July 31, 2026

The CMDI reform package hit the Official Journal on 20 April 2026. Here is what changes for bank resolution, DGS funding of transfers, and small bank failures.
Regulatory Updates

SRB Response to EU Banking Competitiveness Consultation: Resolution Framework Meets the Growth Agenda
April 23, 2026July 31, 2026

The SRB’s response to the Commission’s banking competitiveness consultation targets MREL simplification, liquidity in resolution, and deposit insurance reform.
Regulatory Updates

SM&CR Reforms 2026: What the New Rules Mean for Firms
April 23, 2026July 31, 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, 2026July 31, 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, 2026July 31, 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, 2026August 3, 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, 2026July 28, 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, 2026July 28, 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, 2026July 31, 2026

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