The draft law contains an interim treatment for banks to apply a 1250% risk weight to their cryptoasset exposures until 31 December 2024.
January 25, 2023Financial industry associations say a ban on commissions paid to financial advisers for selling financial products would harm consumers.
January 25, 2023A ban on banks paying inducements to distributors, brokers and investment advisors would fundamentally change banking business models.
January 12, 2023The mandatory buy-in regime would be used as a "measure of last resort”, activated only in the case where the “level of settlement fails would be substantial in the EU.”
December 27, 2022The agreement, which still needs formal endorsement, will accelerate the pace at which energy-intensive companies are obligated to reduce emissions.
December 22, 2022European Council’s position on the revised Environmental Crime Directive will damage portfolios as well as the environment, says WWF.
December 19, 2022New requirements to report crypto-asset, e-money and digital currency transactions are expected to enter into force on 1 January 2026.
December 13, 2022The guidelines and associated reporting requirements will take effect on 1 April 2024, incorporating the UTI and CDE.
December 12, 2022The package includes AML/CFT rules for the crypto sector and a ban on cash payments over EUR 10,000, among other measures.
December 12, 2022All financial entities and the third parties that provide them ICT-related services will have to adhere to DORA requirements from around the end of 2024.
December 1, 2022