Bank of England sets timeline for enhanced payment data

On 6 October 2025, the European Commission sent a letter to the European Supervisory Authorities announcing that it will de-prioritize the adoption of a suite of Level 2 acts until after 1 October 2027. Read the letter here: https://lnkd.in/dC_QhUj5 and the annex with affected acts here: https://lnkd.in/d5kwmhBU Among the affected measures are nine Level 2 empowerments under the CRR and CRD VI – a notable development for banks in the context of the roll-out of CRR and CRD VI.   To reflect this change, we’ve just published an updated version of our tracker monitoring the European Banking Authority (EBA)’s work on developing and publishing regulatory mandates under #CRR3 and #CRDVI. With around 140 mandates to track, having visibility into what's been published and what's coming next is invaluable for strategic regulatory planning and compliance preparation. Our tracker provides an overview of the EBA's implementation timeline, helping credit institutions to stay ahead of upcoming regulatory changes and to anticipate them accordingly. Interested in staying informed about these critical regulatory developments? Connect with Jan Jans, Jan-Jouke van der Meer or Maarten Mol-Huging to access updated versions of the tracker or learn how our team can help you navigate the evolving regulatory framework. Regulatory Counsel | Financial Services #Banking #Regulation #CRR3 #CRDVI #FinancialServices #RegulatoryCompliance

Reducing the reporting burden for banks - KPMG International: The regulatory reporting landscape for UK regulated firms was largely inherited from the EU. As part of its Future Banking Data (FBD) programme, ... #regulatoryreporting #regulation #finperform

The European Banking Authority (EBA)’s new Guidelines on restrictive measures take effect on 30 December 2025. These Guidelines introduce a rigorous framework for sanction screening system testing, demanding active proof of system effectiveness and efficiency through evidence-based testing, documentation and governance. Financial institutions need to act now to ensure compliance before the deadline. AMLA® supports firms across the EU in doing just that. Learn more about what we do: buff.ly/e8zS4eP #SanctionScreening #EBAguidelines #FinancialCompliance #RegTech #AML

#EBAGuidance Deadline Alert: 30 December 2025 ⏰ The clock is ticking. Effective 30 December 2025, new #EBAGuidance mandates annual sanction screening testing for all financial institutions. 🔎 This is more than a compliance tick-box. The EBA is moving from passive to proactive testing and explicitly shifts the accountability - and the subsequent governance risk - to Senior Management. A single technical screening failure is now a board-level issue. ✅ Regular, reliable testing of your screening solutions is mandatory. Compliance teams across the CEE region and beyond are already prioritizing their system validation to mitigate this risk. Not taking action becomes a risk. Don't wait for the deadline to become a liability. Let's discuss a proactive strategy to de-risk your organization. #AML #SanctionsCompliance #EBA #RiskManagement #FinancialServices #Compliance #AMLAnalytics

The European Banking Authority (EBA)’s new Guidelines on restrictive measures take effect on 30 December 2025. These Guidelines introduce a rigorous framework for sanction screening system testing, demanding active proof of system effectiveness and efficiency through evidence-based testing, documentation and governance. Financial institutions need to act now to ensure compliance before the deadline. AMLA® supports firms across the EU in doing just that. Learn more about what we do: buff.ly/cwjucNi #SanctionScreening #EBAguidelines #FinancialCompliance #RegTech #AML

Sanctions screening tools only alert on what they can see 🙈. Without proper testing, the unseen non-alerts are the real risk 🔕 💣 . That’s why a mindset like “we think it works” will no longer be enough.

🚨 BIS Closes the Loophole — SIX Keeps You Covered, No Matter How Rules Change The Bureau of Industry and Security (BIS) just updated the Export Administration Regulations (EAR), aligning with Treasury’s 50% rule: ➡️ Automatic restrictions now apply to any entity 50% or more owned by parties on the Entity List, Military End-User (MEU) List, or other sanctioned lists. ➡️ Even minority stakes can trigger red flags, requiring enhanced due diligence. This marks a pivotal shift in how ownership and control risks are assessed — and SIX is already there. The Restriction Lists Module from SIX uncovers hidden exposures across global securities markets, linking issuers to directly and indirectly affected instruments so financial institutions can act quickly and confidently. 🔍 Coverage includes: • BIS Entity List, MEU List, Denied Persons List, Unverified List • Uyghur Forced Labor Prevention Act (UFLPA) Entity List • FCC Covered List • NDAA Sections 889, 1260H, 5949 • eCFR Supplement No. 4 to Part 744, Title 15 • Export Controls Consolidated Screening List 📊 Screening made simple: equities, debt, structured products, or derivatives — SIX delivers the data you need to stay compliant and ahead of risk. 👉 Learn more about BIS 50% Rule: https://six.swiss/3KsMwgg 👉 Get in contact with SIX: https://six.swiss/3XXYsII #ExportControls #BIS #EntityList #RiskManagement #ComplianceTech #FinancialData

Compliance Network - Data you Need 🚨 Breaking News: The U.S. BIS has adopted a 50% ownership rule 🎯 extending export controls to affiliates of listed entities—significantly broadening compliance risks. SIX Financial’s Restriction Lists Module 🔍 delivers a powerful, data-driven view of securities linked to flagged entities, connecting issuing companies and financial instruments for smarter, faster compliance. Stay ahead with SIX! 💼✅ #Compliance #BIS #Sanctions #SIXFinancial #RiskManagement

To much regulation kills regulation. When a system of rules becomes excessively complex, dense or prescriptive, it undermines its own effectiveness. Instead of ensuring compliance and stability, it overwhelms businesses, citizens and even regulators, leading to loopholes, selective enforcement, or outright disregard. This is exactly what is happening in the EU. The EU produces large volumes of regulations, directives and standards. While often well intentioned (to protect consumers, harmonize markets and safeguard environment) the sheer density is creating regulatory fatigue. Small and middle-sized companies struggle especially with compliant costs. The opening of banks accounts is a good example how regulation has turned for banks and clients a simple formality into a marathon strewn with pitfalls. Even when rules exist, uneven enforcement across member states makes the system feel inconsistent, weakening trust in the framework. In conclusion: Th EU risks overregulation. So many detailed rules are produced that compliance becomes burdensome, enforcement uneven, and innovation discouraged. If overregulation continues, the EU may weaken its competitiveness and undermine the very legitimacy of its rules. What we need is much less but better regulation.

💳 Beyond PSD2: Navigate PSD3, Instant Payments & Fraud in the EU and Cyprus Stay ahead in the rapidly evolving payments landscape with EIMF’s expert-led course "𝗕𝗲𝘆𝗼𝗻𝗱 𝗣𝗦𝗗𝟮: 𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗜𝗺𝗽𝗮𝗰𝘁 𝗮𝗻𝗱 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗔𝘀𝗽𝗲𝗰𝘁𝘀 𝗼𝗳 𝗣𝗦𝗗𝟯, 𝗜𝗻𝘀𝘁𝗮𝗻𝘁 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗙𝗿𝗮𝘂𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗘𝗨 𝗮𝗻𝗱 𝗖𝘆𝗽𝗿𝘂𝘀" Explore the enhanced Payment Services Package, understand the practical and legal implications of PSD3, and learn how to manage fraud and secure instant payments while ensuring compliance with EU and Cyprus regulations. 𝗪𝗵𝗮𝘁 𝗬𝗼𝘂’𝗹𝗹 𝗚𝗮𝗶𝗻: ✅ Understand legal rights and obligations under PSD2, PSD3, and Cyprus Law 31(I)/2018 ✅ Analyse consumer protection rules and regulatory updates in payments ✅ Examine practical implications of legal requirements for fraud and instant payments ✅ Gain guidance on implementing compliance measures effectively 💡 Delivered by EIMF, a leading executive education provider, this course equips professionals with the knowledge and tools to navigate modern payment services, ensure secure transactions, and drive innovation responsibly. 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗘𝘅𝗽𝗲𝗿𝘁 | Dr. Elena Niki Karletidi 𝗦𝗲𝗰𝘂𝗿𝗲 𝘆𝗼𝘂𝗿 𝘀𝗽𝗼𝘁 𝗻𝗼𝘄 𝗮𝗻𝗱 𝘀𝘁𝗮𝘆 𝗮𝗵𝗲𝗮𝗱 | https://buff.ly/wK1mjMB #EIMF #PSD3 #PSD2 #InstantPayments #FraudPrevention #PaymentServices #FinancialRegulation #Compliance #ProfessionalDevelopment