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Financial Regulatory Observer - May 2017

What's inside

Welcome to the first issue of the Financial Regulatory Observer, our digest of regulatory change and technological disruption facing the financial services industry.



The financial services industry is undergoing a radical transformation wrought by the twin forces of technological disruption and regulatory reform. Financial institutions that can navigate this uncertain operating environment will retain a competitive edge.

The Financial Regulatory Observer serves as a guide to selected topics driving these fundamental changes.

EMEA Regulatory Capital Chart

In our EMEA Regulatory Capital Chart we summarize the complex regulatory capital and MREL/TLAC requirements applicable to EU credit institutions and their interactions with each other in an easy accessible one page overview.

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Asset management: Coming out of the shadows

The Financial Stability Board (FSB) recently published its recommendations to address structural vulnerabilities from asset management. The FSB report sets out 14 policy recommendations to address the main areas that could present a risk to financial stability. Stuart Willey explains the main concerns of the FSB with respect to the asset management industry.

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Nine months left to implement PSD2

The Payment Services Directive 2 (PSD2) is the legal driver for further innovation and disruption in the European electronic payments sector. As the implementation deadline is approaching quickly, Carsten Loesing gives an overview on the main features of PSD2 and the major changes to the existing legal framework.

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Blockchain and the financial markets: Will 2017 be the year of the regulators?

New rules covering blockchain and distributed ledger technology could be on the horizon following a flurry of consultation papers by leading financial regulators. Willem Van de Wiele gives an overview on these initiatives.

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