The European Banking Authority has raised concerns over proposed changes by the European Commission to key technical standards governing how banks calculate operational risk, cautioning that parts of the revisions could undermine consistency and supervisory effectiveness across the EU.
The Polish Office of Competition and Consumer Protection found that provisions used by the events giant created confusion at venue entrances and imposed unfair hurdles on refunds for canceled shows. The regulator has imposed a fine of approximately $3.8 million (PLN 15.3 million) and ordered the company to compensate affected consumers.
Spain’s competition regulator, the National Commission on Markets and Competition, is released a formal opinon pressing for a sharper focus on competition as lawmakers move forward with a sweeping effort to strengthen public sector integrity.
A senior official at the European Central Bank has emphasized that climate and environmental risks are now a necessary part of how the institution assesses inflation, financial stability, and the resilience of banks.
Hong Kong’s Securities and Futures Commission has reached a landmark agreement with PricewaterhouseCoopers Hong Kong that will see the audit firm set aside approximately $128 million (HK$1 billion) to compensate certain shareholders of China Evergrande Group, marking a rare instance of auditors contributing directly to investor restitution.
Norway’s financial regulator, Finanstilsynet, has set out a broad and pointed supervisory agenda for 2026, signaling a year defined by heightened attention to resilience, financial crime, and the stability of an increasingly complex financial system.
The European Commission is refining one of the most technically demanding pieces of post-crisis banking reform, launching a public consultation on how European banks should calculate market risk under the Fundamental Review of the Trading Book, or FRTB.