On 26 November 2021, the Single Resolution Board (SRB) published it 2022 Annual Work Programme, setting out its objectives and priorities for 2022. The SRB is committed to making banks fully resolvable by the end of 2023. In 2022, the SRB will work on enforcing and operationalising the guiding principles in the SRB’s Expectations for Banks and Minimum Requirement for Own Funds and Eligible Liabilities policy. The 2022 programme comes at a time…

3 More London Riverside SE1 2AQ 08 December 2021 | 08:50 – 09:30 GMT There have been many macro-economic factors driving enhanced deal volumes in the last few years, from Brexit to pandemic-related realignments. Transactions involving regulated entities present unique challenges to principles, as well as their lawyers and other advisors throughout the transaction timeline. Failure to adequately identify and address regulatory issues during a transaction can have material consequences for both targets and acquirers.…

On 22 November 2021, the European Commission announced it was launching a public consultation on the Mortgage Credit Directive review. The Commission explains that it is seeking to establish whether the current rules are adapted to digitalisation, the need to enhance sustainability and COVID-19. The Commission is also looking at ways to improve the existing rules to ensure that they continue to guarantee a high level of consumer protection, further the aims of the Single…