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BaFin Reduces Systemic Risk Buffer for Residential Real Estate Financing

The German Federal Financial Supervisory Authority (BaFin) has reduced the systemic risk buffer for residential real estate financing from 2 percent to 1 percent, effective May 1, 2025. This amendment to the general administrative act from March 30, 2022, impacts institutions with exposures secured by residential property in Germany.

BaFin General Administrative Act on Futures Product Intervention

The German Federal Financial Supervisory Authority (BaFin) has issued a General Administrative Act imposing product intervention measures on futures. This action addresses investor protection concerns related to specific features of futures products, such as unlimited loss risk and speculative trading.

BaFin Product Intervention on Futures for Retail Clients

The German Federal Financial Supervisory Authority (BaFin) has issued a general administrative act restricting the marketing, distribution, and sale of futures to retail clients in Germany. This rule, effective January 1, 2023, aims to protect retail investors from potential losses beyond their initial deposit.

BaFin Orders Capital Buffer for Systemic Risks

The German Federal Financial Supervisory Authority (BaFin) has ordered a two percent capital buffer for systemic risks related to residential real estate financing. This measure aims to strengthen the stability of the financial system and applies to various financial institutions.

Securities Regulators Amend Benchmark Assurance Report Requirements

Canadian securities regulators have adopted final amendments to Multilateral Instrument 25-102, strengthening assurance report requirements for designated benchmarks. These changes clarify the scope, timing, and level of assurance for reports submitted by independent public accountants, effective May 5, 2026.

SEC Rescinds Staff Accounting Bulletin No. 121

The SEC has rescinded Staff Accounting Bulletin No. 121, which provided guidance on the accounting for obligations to safeguard crypto-assets held for platform users. This rescission is effective April 11, 2022, and was done in conjunction with the publication of SAB No. 122.

Fannie Mae and Freddie Mac Housing Goals Rule

The Federal Housing Finance Agency (FHFA) issued a final rule establishing new affordable housing goals for Fannie Mae and Freddie Mac for 2026-2028. This rule aims to support middle-class homeownership by adjusting previous mandates.

Community Bank Licensing Amendments Final Rule

The OCC issued a final rule amending community bank licensing requirements. The rule simplifies licensing for national banks and federal savings associations with less than $30 billion in assets, providing them access to expedited filing procedures. This aims to reduce regulatory burden for these institutions.

Rescission of Fair Housing Home Loan Data System Rule

The Office of the Comptroller of the Currency (OCC) has issued a final rule rescinding 12 CFR 27, the 'Fair Housing Home Loan Data System' regulation. This action removes regulatory burden for national banks without impacting the OCC's fair housing supervisory activities.

McCarran-Ferguson Restoration Act Reaffirms State Insurance Regulation

The National Association of Insurance Commissioners (NAIC) supports the introduction of the McCarran-Ferguson Restoration Act, which would abolish the Federal Insurance Office (FIO) and reaffirm state-based insurance regulation. The act also aims to grant voting status to a state representative on the Financial Stability Oversight Council (FSOC).