Governance & Regulation

The proposals by BaFin and the Bundesbank to reform the capital adequacy regime for small banks had raised great expectations. Now the High-Level Task Force on Simplification (HLTF), set up by the ECB Governing Council, has presented its recommendations. They take up some ideas, but remain vague. The following article provides an overview of the most important points of the European reform package.

Customer Magazin NEWS 03/2025 With the Digital Operational Resilience Act (DORA) coming into force for institutions and financial service providers, the European Union has taken a decisive step towards harmonising and strengthening IT security and resilience requirements. It is now becoming clear what hurdles institutions have to overcome, which solutions have become established – and where challenges remain.

Customer Magazin NEWS 03/2025 The Basel Committee on Banking Supervision’s BCBS 239 standard, ‘Principles for Effective Risk Data Aggregation and Risk Reporting,’ aims to improve banks‘ ability to aggregate risk data in order to enable more effective risk management and better decision-making. BCBS 239 has been in force for years for systemically important institutions and remains relevant in light of increasing regulatory requirements and challenges facing banks. Implementing these principles offers an opportunity to strategically realign data management, thereby laying the foundation for a transformation towards greater data utilisation and inspiration.

Customer Magazin NEWS 03/2025 The Corporate Sustainability Reporting Directive (CSRD) is an EU directive that standardises and expands corporate sustainability reporting. It requires detailed, reliable information on sustainability issues such as the environment, social issues and corporate governance (ESG). Germany has been behind schedule with the implementation of the CSRD since July 2024. Now, in July 2025, the Federal Ministry of Justice and Consumer Protection (BMJV) has presented a draft bill on corporate sustainability reporting in German law, which was followed by the government draft on 3 September 2025. What does this mean for the implementation of the directive in Germany?