The EU proposed a new Financial Data Access (FIDA) framework on 28 June. FIDA is a flagship initiative of the EU Digital Finance strategy and forms the legislative backbone for the EU-wide implementation of open finance.
Ireland’s finance minister wants to act quickly before the EU imposes strict Anti-Money Laundering standards. 2510 News EU’s MiCA bill set to shape global stablecoin regulations — Binance Oct 15, 2024 byZoltan Vardai While MiCA is seen as a net positive for stablecoin regulation, it introduc...
Promoting a secure and resilient EU digital finance sector: Work to ensure a successful and proportionate implementation of DORA will remain central in the coming months. Leveraging the opportunities from the use of artificial intelligence (AI): AI has the potential to transform financial services and...
The EU Digital Finance Strategy marks a very important step for the EU in developing both innovation and the Single Market. At the same time, while MiCA is an ambitious legislative project, there is room for improvement. First, the scope of MiCA remains uncertain as the draft MiCA does not...
Digital Finance Package In September 2020, the European Commission presented theDigital Finance Package, a package of measures aimed at developing and regulating the use of digital finance in the EU. The Digital Finance Package contained several legislative proposals on Crypto...
As a result, the Commission will put forward a legislative proposal to set up the European Single Access Point, which will consist of an EU-wide digital access platform for companies’ public financial and sustainability information. CSRD is currently still a Commission proposal. The European ...
An array of regulators from the United States and the European Union met to discuss financial innovations, including green finance and the ever-pressing topic of stablecoins.
On 29 January 2024, the Platform on Sustainable Finance, an advisory body to the European Commission,publisheda report entitled “A Compendium of Market Practices: How the EU’s Taxonomy and sustainable finance framework are helping financial and non-financial actors transition to net zero” (th...
Brighty App’s launch of the platform came as a response to the expansion of the global market of B2B payments, with current evaluations estimating it at approximately USD 1.68 trillion. Furthermore, the digital payments landscape of this market also saw a transaction value of USD 5.44 trillion...
Italian regulator fines Dutch high-speed traders over short selling Saipem Consob issues combined €4.7mn fine against Optiver and Flow Traders after oilfield engineer’s botched 2022 capital raising Previous pageYou are on page1Next page