What will banks and insurance companies be facing in 2025? Our experts analyse this for you in the current issue of "Horizons", our magazine for financial service providers.
The topics at a glance:
EU financial supervisory authorities present plans for 2025
The EU supervisory authorities for financial services have published work programmes and other measures for the coming year. Among other things, these provide important indications of the priorities for supervision and may vary in relevance depending on the business model and risk profile.
Managing climate-related financial risks
Our experts also look at regulatory requirements for banks and insurance companies with a particular focus on climate-related financial risks. Better data collection and the harmonisation of international standards are central to this.
ESMA guidelines for fund names and what they mean for asset managers
The new ESMA guidelines mark an important step towards a credible and transparent sustainable finance world. Investors should be able to rely on the fact that sustainability really is the focus and companies are given the necessary incentive to accelerate their transformation. This could make ‘green’ investments significantly more important in the coming years.
How to manage geopolitical risks successfully
A ‘perma-crisis’ with ongoing conflicts, inflation and political instability characterises the world and also influences the financial sector. The key to managing these geopolitical risks appropriately is the willingness to take a learning-by-doing approach to this challenge - regardless of any concerns about not being able to cope with its complexity.
Instant Payment Regulation: realising specialist and technical requirements early on
The Instant Payment Regulation came into force in April 2024: It makes SEPA real-time credit transfers mandatory for payment service providers. The technical regulatory standards of the European banking supervisory authority are still pending. Nevertheless, it is necessary to press ahead with the realisation of the functional and technical requirements across all divisions.
Thilo Kasprowicz
Partner, Advisory
KPMG AG Wirtschaftsprüfungsgesellschaft
