Financial Compliance

Speech on Banking Union Achievements and Future

SRB Chair Dominique Laboureix delivered a speech on December 12, 2025, discussing the achievements of the Banking Union's Single Resolution Mechanism over its first decade. The speech highlighted the development of the resolution framework and outlined areas for future work to complete the Banking Union.

Single Resolution Fund Target Level Reached; Banks Not Paying Levies

The Single Resolution Board announced that the Single Resolution Fund (SRF) has reached its target level of over EUR 81 billion as of the end of 2025. Consequently, banks will not be required to contribute to the SRF for the third consecutive year, unless circumstances change.

SRB Operational Guidance on Separability and Transferability Updated

The Single Resolution Board (SRB) has updated its operational guidance for banks on separability and transferability. The revisions align with resolvability self-assessment requirements and provide an operational framework for transfer playbooks and testing, aiming to enhance banks' crisis readiness.

Capital and Resolution Stacks Simplification Blog Post

A blog post by a Single Resolution Board Board Member discusses the complexity of banks' capital and resolution stacks. It explores potential simplification paths, emphasizing that changes should align with the going-concern regime rather than being standalone recalibrations.

Autorité de la concurrence Guidance on ReUse Project for Food Packaging Deposit Scheme

The Autorité de la concurrence has published informal guidance on the ReUse project, a proposed standardized deposit-return scheme for food packaging in France. The guidance addresses competition law concerns related to eco-organizations, service providers, and cost allocation within the scheme.

Autorité recommends French government create offices for 261 new notaries

The Autorité de la concurrence recommends the French government create 261 new notary offices between 2026 and 2031. This recommendation is based on an analysis of supply and demand within the notary profession, considering recent trends in private and salaried notaries and the profession's economic performance.

Autorité de la concurrence Inspects Private Passenger Transport Sector

The Autorité de la concurrence has conducted an unannounced inspection of a company in the private passenger transport sector suspected of anticompetitive practices. This action does not prejudge guilt but initiates an investigation into alleged violations.

Pascal Lagrue Appointed to French Competition Authority Board

The French Competition Authority announced the appointment of Pascal Lagrue to its Board, effective March 2, 2026. Lagrue brings experience from trade union and consumer association roles.

Autorité de la concurrence Sanctions BTP Sud for Unfair Trading Conditions

The Autorité de la concurrence has sanctioned BTP Sud with a fine of €148,094 for abusing its dominant position in the aggregates supply market in Wallis and Futuna. BTP Sud imposed unfair trading conditions on the Administration Supérieure du Territoire, including refusing to sell and imposing unjustified price increases.

Banca d'Italia: Expert Assessment in Credit Rating System

The Bank of Italy has published an analysis (N. 79) detailing recent methodological improvements to its internal credit rating system for non-financial companies (ICAS). The study, based on over 25,000 expert assessments from 2016-2022, highlights how expert judgment, including climate and sector risk analysis, significantly enhances rating predictive power and stability during economic stress.