About the Regulatory Blog and our contributors
The Regulatory Blog is an informal and up to date news and information service of key regulatory developments in our jurisdictions: the BVI, the Cayman Islands, Anguilla, Bermuda, Cyprus, and Luxembourg. We intend to include the latest financial services, anti-money laundering, sanctions and related developments within our remit.
${totalItems} results
${customFilterHeading} Showing ${showingItems} of ${totalItems} results ${searchTerm}
${facet.Name} (${facet.TotalResults})
New EBA regulations strengthen governance, conflict management and remuneration policies for crypto assets
On 6 June 2024, the European Banking Authority enhanced the regulatory framework for crypto assets by publishing a package with three new regulatory products under the Markets in Crypto-Assets Regulation. These products focus on governance, conflicts of interest and remuneration aiming to create a transparent, secure, and well-regulated market in crypto assets.
03 Jul 2024
EBA publishes final set draft technical standards for asset-referenced tokens under MiCAR
On 7 May 2024, the European Banking Authority released three sets of final draft regulatory technical standards and one set of final draft implementing technical standards relating to asset-referenced tokens under the Markets in Crypto-assets Regulation.
28 May 2024
CySEC Circular: EBA public consultation on Travel Rule Guidelines for AML/CFT in crypto-asset transfers
On 28 November 2023, the Cyprus Securities and Exchange Commission published circular 605 informing regulated entities about the European Banking Authority's public consultation on new money laundering and terrorist financing guidelines for preventing the abuse of funds and certain crypto-assets transfers.
19 Jan 2024
European Banking Authority releases MiCA-related consultation papers
On 20 October 2023, the European Banking Authority (EBA) released a comprehensive series of consultation papers pertaining to the Markets in Crypto-Assets Regulation (MiCA).
30 Nov 2023
CySEC issues circular relating to EBA guidelines on outsourcing
On 13 October 2023, the Cyprus Securities and Exchange Commission (CySEC) published Circular 604 directing Cyprus Investment Firms (CIFs) to familiarise themselves with the European Banking Authority's guidelines on outsourcing, published on 2 February 2019 (Guidelines).
10 Nov 2023
EU reaches provisional deal to strengthen banks dealing with crypto assets
On 29 June 2023, the European banking sector negotiators from the European Parliament, the Council, and the Commission have reached a provisional agreement on changes to the Capital Requirements Regulation (CRR), here and the Capital Requirements Directive (CRD), here .
28 Aug 2023
EBA issues 4th Opinion on money laundering and terrorist financing risks in the EU financial sector
On 13 July 2023, the European Banking Authority (EBA) released its fourth Opinion on the risks of money laundering and terrorist financing (ML/TF) in the European Union's financial sector. The Opinion highlights the evolving risk landscape and suggests measures that can be taken by competent authorities and EU co-legislators to mitigate these risks.
15 Aug 2023
European Parliament approves tougher measures against money laundering and terrorist financing and the 6th AML Directive
On 28 March 2023, the European Parliament announced that the MEPs approved stricter rules to close existing gaps in combating money laundering, terrorist financing, and evasion of sanctions in the European Union. MEPs from the Economic and Monetary Affairs and Civil Liberties, Justice and Home Affairs committees have adopted their position on three pieces of draft legislation regarding the financing provisions of the EU Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) policy.
25 Apr 2023
Wolfsberg Group comments on the EU AML/CFT legislative package
On 1 November 2022, the Wolfsberg Group published the Comment Letter on the EU AML/CFT legislative package which was initially addressed to strategic EU officials on 28 October 2022.
03 Jan 2023