EBA initiates climate data consultation with EU banks for Fit-for-55 climate risk analysis in collaboration with ESAs, ECB, and ESRB.
July 25, 2023The European Commission says the extension is necessary to avoid destabilising the asset management sector and financial stability risks.
July 20, 2023The European Commission says it has identified multiple instances of incorrect transposition of 5AMLD, despite Cyprus declaring full compliance with the directive.
July 18, 2023The UK FCA imposed a GBP 2.45 million fine on a former broker that executed over GBP 70 billion worth of fraudulent trades.
July 14, 2023The standards include a "pragmatic and simplified" supervisory procedure applicable to smaller counterparts as well as easier documentation, governance and outsourcing requirements.
July 7, 2023The GDPR Procedural Regulation aims to streamline cooperation between data protection authorities by harmonising some administrative procedures in cross-border cases.
July 5, 2023Payment service providers will gain a legal basis to voluntarily share payment fraud related information via dedicated IT platforms.
July 3, 2023The ECB will decide whether to move to the next phase of the project after its investigation phase is concluded in October.
June 29, 2023Elements of the final Basel III reforms would be phased in starting in January 2025, two years after the globally agreed deadline.
June 28, 2023Proposed framework aims to tackle conflict of interest concerns, but fails to address “quality of raw ESG data”.
June 28, 2023