Mazars’ Banking Regulatory Radar: 2020-2025

Mazars’ Banking Regulatory Radar: 2020-2025

Tue 16 Feb 2021

In this edition of our Banking Regulatory Radar, we cover the key regulatory developments in the banking sector for 2020-2025.

The latest version of the Mazars’ Regulatory Radar has been updated with all the Level 2 legislation published in 2020, as well as the measures that were taken in the context of the Covid-19 pandemic.

This concerns both regulatory measures, notably the “Quick Fix” CRR adopted in June 2020, but also supervisory actions such as the recommendation on dividend distributions and the recommendation on the use of prudential capital and liquidity cushions. In addition, this update reflects the postponement to 2023 of the application of the final elements of the Basel III framework.

Finally, intending to subsequently integrate the Commission’s and EBA’s action plans on sustainable finance, banking supervision now includes climate and environmental risks through the ECB’s guide on this topic.