All posts tagged "European Commission"
-
126EuropeEDPB Issues Opinion on Adequacy of Korea Data Protection Regime
The EDPB says Korea's data protection framework presents "numerous similarities" to Europe's, but certain aspects may require "a closer look and clarification”.
October 7, 2021 -
3.3KEuropeEU Banks Urged to Accelerate Adoption of ESG Risk Strategies
European Commission report finds most European banks are failing to highlight, measure and report on their ESG risks.
September 3, 2021 -
133Asia-PacificFIs Team Up to Accelerate Coal Plant Closures in APAC
Prudential, Citi, HSBC, and BlackRock are reportedly working on a plan to buy out coal-fired plants and wind them down early.
August 5, 2021 -
377InternationalIOSCO 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 -
191AML / KYC
European 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 -
147Fintech / 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 -
153AML / 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 -
93EuropeEU 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 -
154AML / 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 -
212AML / 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
