Europe

    AML / KYC

    Belgian Court Clears Extradition of Mehul Choksi to India

    By Nithya Subramanian | 26/10/2025

    An appellate court approved India’s request to extradite Mehul Choksi, who is wanted in connection with $1.54 billion fraud at Punjab National Bank.

    Capital / Liquidity

    France Presses EU for Third Delay to FRTB Rules - Report

    By Editors | 24/10/2025

    France argues that the current 2027 timeline creates an unfair disadvantage against US rivals, where the implementation date remains unclear.

    Sanctions

    US, EU Broaden Russia Sanctions, Targeting Energy and Finance

    By Manesh Samtani | 24/10/2025

    New measures target Russian oil giants Rosneft and Lukoil, with specific designations for Chinese oil refineries and a Hong Kong-based oil trader.

    Fintech / Regtech

    EU Risk Board Recommends Prohibiting Cross-Border Stablecoin Schemes

    By Manesh Samtani | 22/10/2025

    The ESRB has called for a halt to schemes involving non-EU stablecoin issuers, citing significant financial stability and contagion risks.

    Sanctions

    China Imposes Export Curbs Following Dutch Takeover of Chipmaker

    By Manesh Samtani | 16/10/2025

    The Dutch government invoked a national security law to take control of the Chinese-owned chipmaker, prompting Beijing to block exports.

    Securities / Derivatives

    ESMA Finalises Key Reforms for EU Move to T+1 Settlement

    By Manesh Samtani | 15/10/2025

    The proposals mandate new deadlines for trade allocations, automated CSD functions, and enhanced reporting, with a phased implementation leading to October 2027.

    Trending

    Sibos: Europe's T+1 Shift to Poses Significant Challenges for APAC

    By Manesh Samtani | 07/10/2025

    Industry leaders at Sibos 2025 warned that the complex shift requires immediate, industry-wide preparation, especially from the buy-side.

    ESG / Sustainability

    UNEP FI Updates Climate Target-Setting Guidance for Banks

    By Sanday Chongo Kabange | 06/10/2025

    The updated guidance expands scope to include capital markets activities and recommends that banks publish transition plans within 12 months of setting targets.

    Securities / Derivatives

    ECB Engages Banks on Capital Rules Amid Indian CCP Dispute - Report

    By Nithya Subramanian | 30/09/2025

    The banks have suggested routing trades through Indian lenders to circumvent direct dealings with CCIL, while ECB works on a “joint approach” with Indian regulators to resolve the dispute.

    Sanctions

    UN Sanctions on Iran Reimposed, Targeting Banking and Assets

    By Manesh Samtani | 29/09/2025

    "Snapback" triggered by European powers restores asset freezes and financial restrictions; China and Russia dispute the move's legality.

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