Region: European Union

ECB lowers capital requirements bar for eurozone bank mergers

Clifford Chance’s local partner is advising Saudi Arabia’s biggest bank in a merger predicted to spur others in the region – as the European Central Bank announces plans to lower the bar for EU bank mergers.

03 July 2020

EBA proposes early intervention distinctions after lack of usage

The European Banking Authority has put forward proposals to clarify when regulators should use early intervention measures, after finding that half of all competent authorities surveyed have not applied them when required.

29 June 2020

Basel Committee deviates from EBA on non-performing loan securitisation

The Basel Committee on Banking Supervision has proposed an amendment to the regulatory framework for securitisations of non-performing loans, deviating from the stance taken by the European Banking Authority last year.

26 June 2020

EU defends decision to grant BlackRock banking reg advisory role

The European Commission has told lawmakers it found no conflicts of interest in selecting asset manager BlackRock to advise on incorporating environmental and social factors into European banking regulations.

12 June 2020

No dividend payments until next year, ESRB says

The European Systemic Risk Board is advising regulators to hold off until 2021 before allowing dividend payments, share buy-backs or bonuses.

09 June 2020

“A step towards returning to normality”: European short-selling bans lifted

Six European countries are ending short-selling bans imposed at the outset of the covid-19 crisis.

20 May 2020

EU eases leverage ratio in covid-19 relief package

The European Commission has announced a package of proposed regulatory changes aimed at facilitating bank lending – including an adjustment to leverage ratio rules that had been a focus of bank lobbying following a similar switch by the US Federal Reserve.

29 April 2020

Global regulators announce coronavirus measures

Regulators across the world are easing capital restrictions in response to the COVID-19 pandemic – with the Bank of England warning UK banks not to use freed-up cash for bumping up bonuses and dividends.

13 March 2020

Profitability after the crisis - should Europe loosen the screws?

With the ‘post-crisis’ phase of banking regulation now in the rear-view mirror, banks in Europe are seeing tighter profit margins than their US counterparts – but is that a reason to go slow on the EU’s implementation of Basel III? EU regulators and bank in-housers met in Brussels at an International Swaps & Derivatives Association (ISDA) event to discuss.

06 March 2020

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