Europe: Finance and Banking

Although we are seven months away from the application of the new requirements for non-EEA banks and large broker-dealers (together non-EEA banks)...

The Central Bank of Ireland's latest Financial Stability Review examines intensifying global risks facing the domestic financial system, with particular focus on AI financing developments and their potential market implications. Governor Makhlouf highlights elevated vulnerabilities from Middle East energy supply shocks, AI-related stock valuations, and evolving cybersecurity threats, while emphasizing the accumulated resilience in Ireland's financial system through strong capital buffers and prudent lending

When lending to an Irish company under English or US law, specific filing and registration requirements apply to security documents.

Luxembourg is modernizing its securitisation framework through two key legislative reforms: the Draft Securitisation Bill and the Deferred Capital Law. These amendments expand financing options for securitisation vehicles, permit active management of broader asset classes in private transactions, and allow deferred payment of share capital for SARLs, potentially reducing incorporation timelines from months to days.

The Luxembourg government has filed a bill of law proposing targeted amendments to the country's securitisation framework, building on 2022 reforms to address evolving market practices. The proposed changes focus on expanding financing methods, strengthening insolvency protections, enabling compartment-to-compartment investments, broadening security package flexibility, refining active management rules, and clarifying statutory subordination provisions for securitisation vehicles.

Recent developments in the aviation financing market are driving a noticeable shift in how transactions are being structured.

In its first quarter 2026 report, Malta has once again achieved a high ranking, being placed first in Europe and second globally on the Cape Town Convention (CTC) Compliance Index. With a score of 95 out of 100...

Explore the key aviation financing and leasing trends shaping 2026, including consolidation, ABS resurgence, alternative capital and the role of Ireland and the Cayman Islands.

Milli Məclis 27 aprel 2026-cı il tarixində Maliyyə İcarəsi haqqında qanun layihəsinin birinci oxunuşunu keçirmişdir.

This update is brought to you by our Regulatory & Risk Advisory practice group in Ireland.

Members of our structured finance team, including Priya Taneja, Stuart Axford, Martin Sharkey, Giacomo Bertolissi and Amber Chak, attended Global ABS 2026 in Barcelona.

Private credit co-investment has evolved from a relationship benefit to a core product feature, driven by investor demand for enhanced returns, portfolio control, and stronger sponsor relationships. This article examines five structural alternatives for credit co-investment programs, analyzing how sponsors can optimize their approach based on execution certainty, regulatory considerations, and investor requirements.