Finance Law and Banking Law

The Malta Financial Services Authority has issued a DEAR CEO letter outlining minimum expectations for authorized persons' preparedness for Payment Services Directive 3. This guidance document provides essential compliance information and offers legal support resources for financial institutions navigating PSD3 requirements.

The Central Bank of Ireland has released its third Authorisations and Gatekeeping Report, revealing significant improvements in processing times and transparency across all financial sectors. With 63 banks participating in the 2027 EU-wide stress test and new climate risk integration, regulatory frameworks are evolving rapidly. How are these changes reshaping the landscape for financial institutions seeking authorisation and maintaining compliance in an increasingly complex regulatory environment?

The European Securities and Markets Authority has published a consultation paper proposing significant amendments to guidelines governing post-trade communication between investment firms and professional clients under the Central Securities Depositories Regulation. These changes mandate electronic standardised machine-readable messaging protocols, eliminate oral communication from regular workflows, and align regulatory expectations with the EU's transition to a T+1 settlement cycle taking effect in Octobe