Financial Regulation
The Draghi Report: a reality check for ESG regulation in the EU
On 17 September 2024, former president of the European Central Bank Mario Draghi published his report to the European Commission with observations on Europe’s sustainable competitiveness and recommendations for Europe’s future.
The third AFM report on SFDR compliance signals tightening enforcement and highlights a shift in supervision towards the quality of disclosures
A recent report of the AFM underlines its focus on monitoring SFDR compliance, signals tightening enforcement action against those lagging behind, and highlights a new phase of supervisory attention for clear, accurate and reliable SFDR disclosures.
The MiCa Regulation explained: What has changed since June 2024?
On 30 June 2024, the first set of measures of the MiCa Regulation (“Markets in Crypto-Assets”) came into effect. This article outlines the provisions of the MiCa Regulation that are already in force and their implications for the crypto-sphere.
EBA Reports on Virtual IBANs
On 24 May 2024, the European Banking Authority (EBA) published a report on virtual IBAN (vIBANs) in which the EBA set outs characteristics and use cases of vIBANs and comments on identified risks associated with this development in the payments market.