EU and U.S. regulators review digital finance and bank rules at Brussels forum
European and U.S. financial authorities are deepening regulatory coordination as cross-border issues in digital assets, banking and market structure remain high on the policy agenda. The latest joint forum in Brussels also sets the stage for further engagement before the next meeting expected late 2026.
Highlights
- EU-U.S. Joint Financial Regulatory Forum on 9-10 June 2026 in Brussels focuses on digital finance, regulatory alignment, and cross-border policy effects.
- Officials discuss Basel III implementation, operational resilience, and updates on EU’s 2026 banking sector competitiveness report and U.S. FDIC analysis of March 2023 deposit runs.
- Forum reviews digital asset policies, climate disclosures, anti-money laundering reforms, and initiatives to improve retail and public capital market attractiveness while affirming future regulatory cooperation.
Brussels forum sets policy agenda
As reported by the U.S. Department of the Treasury, the EU-U.S. Joint Financial Regulatory Forum takes place in Brussels on 9-10 June 2026, bringing together senior officials from the European Commission and major U.S. financial agencies. The forum is co-chaired by the European Commission and Treasury, with participation from the ECB, EBA, ESMA, EIOPA and SRB on the EU side, and from the FRB, FDIC, OCC, SEC and CFTC on the U.S. side.Participants exchange views on digital finance, financial stability, the U.S. G20 Presidency's Finance Track, the EU Savings and Investments Union, bank regulation, insurance supervision, capital markets, FATCA, and AML/CFT. Officials stress the importance of continued dialogue as both jurisdictions assess the effects of regulation, supervisory priorities and possible cross-border implications.
Discussions on digital finance cover tokenisation of securities, tokenised collateral, operational resilience and the use of artificial intelligence in financial services. EU officials provide updates on the review of the Markets in Crypto-Assets regulation and development of the digital euro, while U.S. participants outline progress toward implementing the GENIUS Act and broader digital asset policy work.
Regulatory coordination targets market resilience
Officials say the global financial system is showing resilience despite potential vulnerabilities, high asset valuations and an uncertain economic outlook. They highlight the role of robust prudential standards and international coordination in monitoring risks and strengthening the system's ability to withstand shocks, including in private credit markets.On banking, both sides discuss capital requirements and implementation of the final Basel III components, while also warning against unnecessarily burdensome rules. EU participants share an update on work toward a 2026 report on the competitiveness of the EU banking sector, and the conversation also covers bank resolution, including recent U.S. initiatives and FDIC analysis of deposit runs from March 2023.
Capital markets discussions focus on making public markets more attractive and expanding retail access to private markets while maintaining investor protection. Participants also review climate disclosures, corporate sustainability matters, clearing rules for U.S. Treasuries, EU settlement cycle changes, FATCA updates, and anti-money laundering reforms including the EU Anti-Money Laundering Package, AMLA implementation, and Treasury's work to modernize the Bank Secrecy Act.
Both sides reaffirm regular engagement on financial regulation and supervision to address mutual concerns, including possible extraterritorial effects of laws and policies. Participants say they continue work on these issues ahead of the next forum, which is expected to take place late 2026.
Our earlier article on the Trump administration’s new tariff regime explained how the U.S. planned to impose fresh Section 301 duties on dozens of trade partners, including the European Union, citing alleged forced-labor violations and positioning tariffs as a key industrial and diplomatic tool. We also noted related trade-policy moves affecting major partners and highlighted how changes to tariff and quota frameworks can reshape supply chains and cross-border business planning.