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Monica Sah

Monica Sah is a partner in the Financial Regulation Group at Clifford Chance.

monica.sah@cliffordchance.com

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Third country market access for core banking services in the EU: all change from autumn 2026

At the time of writing, the EU legislators are expected to adopt amendments to the EU Capital Requirements Directive (CRD6)11 in Q2 2024, imposing new restrictions on the ability of non-EU banks and other non-EU entities to provide “core banking services” in the EU from autumn 2026. This article considers how this will change the EU banking landscape and what firms need to do to prepare. 1

1 JAN 2024