The role of European banking legislation for financial stability

In recent decades, financial institutions, including banks, insurers, pension funds and investment firms, have faced increasing regulatory changes, particularly within the European Union. Recent global events have further modified the financial regulatory framework of the European Union, and some changes also bring risks, requiring new supervisory tools. This article provides an overview of the changes, focusing on European banking and financial law, which is at the heart of three main economic topics: the financial market, financial-banking institutions and cross-border financial transactions. The dynamic nature of these regulations underlines the need for continuous adaptation in the industry. This article serves as an introduction to current developments for understanding the wider context of European financial law and its implications for stakeholders.