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UK and EU financial services weekly: Supreme Court motor finance ruling, PSR procurement revocations, ESMA and EBA updates, ESG and crypto—21 August 2025

Published on: 21 August 2025

Published by a LexisNexis Financial Services expert
Legal News
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Article summary

In this issue:

  • Authorisation, approval and supervision
  • Prudential requirements
  • Risk management and controls
  • Financial crime and sanctions
  • Dispute resolution for financial services lawyers
  • Sustainable finance and ESG
  • Banks and mutuals
  • Consumer credit, mortgage and home finance
  • Regulation of insurance
  • Payment services and systems
  • Fintech and cryptoassets
  • LexTalk®Financial Services: a Lexis®Nexis community
  • Financial Services Enforcement Database
  • Daily and weekly news alerts
  • Intraday news alerts
  • New and updated content
  • Dates for your diary

Authorisation, approval and supervision

ESMA publishes updated registration guide for expanded supervisory mandate

The European Securities and Markets Authority (ESMA) has issued a refreshed guide now setting out registration obligations across a widening supervisory remit. Published 14 August 2025, it explains registering as a credit rating agency, trade repository, benchmark administrator, data reporting services provider, external reviewer under the EU Green Bond Regulation (EU) 2023/2631, and an environment, social and governance (ESG) rating provider under the ESG Rating Regulation (EU) 2024/3005. ESMA will accept benchmark endorsement applications from 1 October 2025, before assuming oversight of endorsed benchmarks from 1 January 2026. Technical standards for external reviewers await European Parliament and Council non-objection, while ESG rating provider standards are in development. See: LNB News 18/08/2025 21.

Prudential requirements EBA...

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