Welcome to RegZone

The clearer view on financial services regulation

RegZone provides you with expert analysis and daily news from the fast-changing world of European financial institution regulation.  Created by CMS regulatory lawyers for those working in banking and finance, insurance, funds and asset management and securities and derivatives.  Sign up here for events, news digest and alerts (relevant to your areas of interest).

Visit our RegZone training page where you can view and download RZ "on-demand" training videos to your mobile device.

Latest Reports

  • City, London

    The proposals in the UK Prime Minister’s speech on 17th January and the White Paper on 2nd February will require a new construct for cross-border regulatory coordination between the EU and the UK, which will operate in a complex legal and regulatory environment (outside the EU/EEA single market). CMS and ...

  • Following the findings of the credit card market study (MS14/6)[1], the FCA has launched a consultation paper (CP17/10) on persistent debt and earlier intervention remedies. In its earlier credit card market study the FCA found that competition was working fairly well for most credit card customers. They had, however, significant ...

  • Frankfurt, Germany

    The German Financial Supervisory Authority (BaFin) recently published revised guidelines for breaches of the German Securities Trading Act (WpHG) (WpHG Administrative Fine Guidelines II (WpHG-Bußgeldleitlinien II)). They had been last updated in 2013. According to the new WpHG Administrative Fine Guidelines, BaFin now can and will punish companies more severely ...

  • EU flag

    CMS held a pan-European seminar on 17 March on "Cross-border banking and investment structures post-MiFID II and Brexit".

    The seminar covered: 
    Overview (Ash Saluja, CMS UK)
    Local EU jurisdictions:
    Jérôme Sutour (CMS France)
    Andreas Feneis (CMS Germany)
    Darragh Murphy (McCann Fitzgerald, Ireland)
    Paolo Bonolis (CMS Italy)
    Perspective from a third country (Kaspar Landolt, CMS Switzerland)
    Looking ahead (Paul Edmondson, CMS UK)

    The seminar slides are available to view/download via the link in the title.

  • As a reaction to the so-called "Panama Papers" the German legislator proposed, on 30 December 2016, a draft bill to combat tax avoidance (so-called Steuerumgehungsbekämpfungsgesetz – StUmgBG). The aim of the draft bill is to enhance the German tax authorities' means to determine and reveal EU-foreign domicile company structures which ...

See more reports

RegZone Toolkit

New to RegZone are customised research tools, designed by CMS lawyers, allowing you to search RegZone databases for quick queries and detailed analysis on regulatory reform, regulators and other agencies, timelines, jargon and more.

Mobile users can download ‘App’- style icons for easy access.

Future Dates

* Estimated date

  • 24 April 2017

    Deadline for responses to FCA consultation CP17/2 on client assets and the special administration regime (please note 23 February is the deadline for responses to the sections on EMIR/MiFID standards proposals).

  • 28 April 2017

    Deadline for responses to EIOPA's consultation paper on guidelines on complex insurance-based
    investment products.

  • *End of Q1 2017

    European Commission expected to publish the FICOD evaluation findings by this period. 

News Wizard

  • 21/04/2017

    ESRB: REPORT ON EMIR

    ESRB: REPORT ON EMIR
    News Date:
    21/04/2017
    News Text:
    The European Systemic Risk Board (ESRB) has published a report in response to the European Commission’s legislative review of the European Market Infrastructure Regulation (EMIR). The report provides proposals on how to enhance the effectiveness and transparency of the Regulation.
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  • 21/04/2017

    EIOPA PROPOSES AMENDMENTS TO THE ADOPTED SOLVENCY II TECHNICAL STANDARDS ON REPORTING AND DISCLOSURE

    EIOPA PROPOSES AMENDMENTS TO THE ADOPTED SOLVENCY II TECHNICAL STANDARDS ON REPORTING AND DISCLOSURE
    News Date:
    21/04/2017
    News Text:
    The European Insurance and Occupational Pensions Authority (EIOPA) has identified in a press release some required amendments to the Implementing Technical Standard (ITS) on the templates for the submission of information to the supervisory authorities and in the ITS with regard to the procedures, formats and templates of the so...
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  • 21/04/2017

    ESMA: DISCUSSION ON MARKET-BASED FINANCE IN LATEST BANQUE DE FRANCE FINANCIAL STABILITY REVIEW

    ESMA: DISCUSSION ON MARKET-BASED FINANCE IN LATEST BANQUE DE FRANCE FINANCIAL STABILITY REVIEW
    News Date:
    21/04/2017
    News Text:
    The European Securities and Markets Authority (ESMA) discusses market-based finance in Europe in an article published in the Banque de France's latest Financial Stability Review No. 21. ESMA expects market-based finance to grow in the future driven by a strong potential for demand facilitated by a supportive policy environment a...
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  • 21/04/2017

    COUNCIL OF THE EU: CORRIGENDUM TO DELEGATED REGULATION ON CONTRIBUTIONS TO SINGLE RESOLUTION FUND

    COUNCIL OF THE EU: CORRIGENDUM TO DELEGATED REGULATION ON CONTRIBUTIONS TO SINGLE RESOLUTION FUND
    News Date:
    21/04/2017
    News Text:
    The Council of EU has published a corrigendum (C(2017)2337 final) to Delegated Regulation on contributions to single resolution fund with regard to the criteria relating to the calculation of ex-ante contributions, and on the circumstances and conditions under which the payment of extraordinary ex post contributions may be parti...
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  • 21/04/2017

    BIS INTERNATIONAL BANKING STATISTICS AT END-DECEMBER 2016

    BIS INTERNATIONAL BANKING STATISTICS AT END-DECEMBER 2016
    News Date:
    21/04/2017
    News Text:
    he Bank for International Settlements (BIS) released international banking statistics for the quarter ending in December 2016. International banking activity weakened in the last quarter of 2016, with cross-border claims dropping by $280 billion. This weakness mainly reflected a fall in cross-border lending to advanced econ...
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