All posts tagged "European Commission"
-
188InternationalIOSCO Proposes Recommendations for ESG Ratings, Data Providers
IOSCO proposes recommendations to address the risks and challenges associated with products and services from ESG ratings and data providers.
July 27, 2021 -
94AML / KYCEuropean Commission Presents Package of AML/CFT Reforms
A new EU-level AML authority will coordinate national authorities to ensure the private sector correctly and consistently applies EU rules.
July 23, 2021 -
102Fintech / RegtechECB Launches Multi-year Digital Euro Project
The plan is to allow regulated banks and fintechs to open accounts at the ECB so they can offer digital euro wallets to customers.
July 16, 2021 -
123AML / KYC
European Commission Seeks Establishment of New AML Authority
The new authority would be able to directly oversee the financial firms operating across multiple member states and issue penalties for AMLviolations.
July 15, 2021 -
64EuropeEU Regulators Urge Participants to Stop Using LIBOR
Market participants are asked not to wait for the European Commission to exercise its powers to designate a replacement for LIBOR.
July 6, 2021 -
85AML / KYC
ECA Warns of Weaknesses in EU’s AML/CFT Regime
AML/CFT efforts are hindered by institutional fragmentation and poor co-ordination at EU level, among other weaknesses.
July 3, 2021 -
179AML / KYC
European Commission Proposes European Digital Identity Regulation
To expedite the initiative, the European Commission has issued a recommendation for member states to establish a common toolbox by September 2022.
June 8, 2021 -
192InternationalStandard-Setters Launch Plan to Improve Global Audit Quality
Implementation of the plan will take three years and result in overall improvements to the international audit-related standard-setting system.
June 8, 2021 -
116EuropeESMA Recommends Lower Short Position Reporting Threshold
ESMA says a "substantial amount" of essential information became available to NCAs after the notification threshold was lowered to 0.1% last year.
May 25, 2021 -
207Enforcement
Nomura, UBS, UniCredit Fined for Participating in Trading Cartel
During Europe's sovereign debt crisis, the banks shared information about their EGB bidding and trading strategies in Bloomberg terminal chat rooms.
May 25, 2021
