Frankfurt—Dentons, the world’s largest law firm, has launched Navigating 2019, an in-depth guide to Eurozone, Banking Union and Capital Markets Union policy and the EU’s supervisory priorities in the year ahead. The guide can be downloaded free of charge here.

Navigating 2019 is designed to be a resource that EU-regulated financial institutions and other regulated market participants can consult to understand supervisory aims and expectations, and in particular the compliance challenges they will face in the year ahead. It covers the supervisory priorities for the Banking Union regulators, the European Supervisory Authorities, as well as individual regulators in key European jurisdictions.

“Navigating 2019 aims to provide clients with a guide to the various regulatory and supervisory changes in the pipeline, and a playbook on how to steer through the increasingly complex compliance challenges, which go well beyond Brexit.” said Frankfurt-based partner Michael Huertas, Head of Dentons’ Eurozone Hub. “Dentons recommends firms review the adequacy of existing compliance frameworks as these are likely to come under closer scrutiny from more intrusive regulators, which are using new tools or soft law to sharpen compliance expectations in specific business areas, as well as in new priority areas such as cyber-resilience and digitalization.”

Against the background of increasing global regulatory divergence, including the prospect of Brexit, the EU continues to focus on internal supervisory convergence. At the same time, regulators are adopting more intrusive supervisory practices to try to gain a deeper understanding of a business’s culture, risk profile and governance. The EU is also sharpening its approach to the regulation of firms relocating to the Union or European firms expanding their UK operations.

The Navigating 2019 guide was prepared by members of Dentons’ Eurozone Hub, a Europe-wide group of financial regulatory lawyers, who advise on EU and Eurozone regulation, supervision and monetary policy.

About Dentons

Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you. www.dentons.com