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Implementation necessary after wide-ranging changes last year
It is not enough to just undo some of the European Commission’s more controversial proposals
Despite a tepid response in a 2024 consultation, there are signs EU authorities are laying the groundwork
Parliament’s draft amendments are kinder to the market than Commission's
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◆ Private credit and equity to come under oversight for first time... ◆ ... as Bank of England eases burden on banks... ◆ ... amid global shift to lighten up on lenders, with ECB expected next
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Scope of UK regulation set to be more restricted than EU equivalent
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Novel exercise welcomed as a way of enhancing transparency and accountability in lightly regulated sector
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Fill the cracks before they break the private market's back
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Deutsche moved from 1.5% to 1% bucket ◆ "Direct impact" on Deutsche's leverage ratio ◆ Two banks upgraded
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Taxonomy alignment and credible transition plans could be more important for issuers