The EPC OCT Inst scheme has been live since 28 November 2023, and on 15 September 2026 the European Payments Council hosted its OCT Inst in Action webinar with payment service and infrastructure providers that were implementing or already offering OCT Inst-based services. If your firm uses the OCT Inst scheme for an international instant…
On 15 September 2026 the ECB published a letter, dated the previous day, in which the Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo) formally asked Swift to move its 2026 securities message upgrade onto the TARGET Services June 2027 release. AMI-SeCo’s purpose is practical: the group is trying to protect the testing…
KOFS and KOFC were Finanstilsynet’s FIONA compilation names for individual and consolidated COREP own-funds reporting. The last reference period for those FIONA compilations was 31 December 2025; from the 31 March 2026 reference period, the e-Reg reporting module is COREPOF, with reporting level IND for individual reporting and CON for consolidated reporting. COREP is the…
On 14 September 2026, the European Banking Authority updated its validation-rule files and published a small validation package for its reporting frameworks. The EBA taxonomy is primarily intended for data transmission between competent authorities and the EBA; institutions submit supervisory information to their competent authorities, which determine the technical collection arrangements they apply. The EBA’s…
From 2028, the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) is due to directly supervise a first group of up to 40 credit and financial institutions or groups across the EU; under Article 13(4) of Regulation (EU) 2024/1620, direct supervision starts six months after AMLA publishes the selected-entity list. The exercise…
On 23 July 2026 the Council adopted the EU’s 21st sanctions package. The package-wide headline was 218 listings: 48 individuals and 170 entities. The Russia asset-freeze additions were made by Council Implementing Regulation (EU) 2026/1843, which added 48 persons and 168 entities to Annex I of Regulation (EU) No 269/2014 and entered into force on…
CARF reporting in Luxembourg starts with the data a crypto-asset platform is already generating in 2026. The Law of 27 March 2026 (Mémorial A No. 144), which transposes Directive (EU) 2023/2226 (DAC8) and brings the OECD Crypto-Asset Reporting Framework into Luxembourg tax law, makes the calendar year 2026 the first reporting period. Reporting crypto-asset service…
On 11 September 2026 the European Payments Council (EPC) published a small web tool with an outsized job: the Instant Credit Transfer Scheme Selector. It addresses an operational classification question for instant-payment design: does the use case fall under the SEPA Instant Credit Transfer (SCT Inst) scheme, the One-Leg Out Instant Credit Transfer (OCT Inst)…
On 11 September 2026, the Commission de Surveillance du Secteur Financier (CSSF) reissued its statement on the EuReCA joint controllership arrangement, and the edit is narrow on the page but material underneath it: every reference to the European Banking Authority (EBA) is now a reference to the Authority for Anti-Money Laundering and Countering the Financing…
On 11 September 2026 the European Payments Council opened a public consultation on version 0.1 of the proposed FRIDA scheme rulebook. The consultation period runs from 11 September to 10 December 2026. FRIDA, the FRaud Information Distribution Arrangement, is the EPC’s proposed scheme for exchanging fraud data between payment service providers on account-to-account transactions across…