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RSSThe aim of these revisions is to increase compliance and other costs for Russia and disrupt circumvention.
The focus of this package is to impose additional import and export bans on Russia, combat sanctions circumvention and close loopholes.
The Commission welcomes the political agreements reached on 13 and 14 December between the European Parliament and the Council on the Commission's proposals to strengthen the insurance regulatory framework.
The final elements for the implementation of Basel III in the EU set up in the October 2021 Commission banking package are now agreed, endorsed by the Council and Parliament and will be implemented in EU law.
The creation of the new EU Authority will transform AML/CFT supervision in the EU and enhance cooperation among Financial Intelligence Units (FIUs).
These delegated regulations are the first of a series of delegated acts to complement and complete the EU regulatory framework on cybersecurity matters for the financial sector, that will apply from 17 January 2025. The deadline for providing you feedback is 14 December 2023.
The Commission welcomes the political agreement reached today between the European Parliament and the Council on the Commission's proposal to make instant payments in euro available to all citizens and businesses holding a bank account in the EU.
In this issue: interview with Alexandra Jour-Schroeder, sustainable finance – and the latest podcast, on the Data Hub.
The Commission welcomes the decision reached yesterday by the Governing Council of the European Central Bank (ECB) to conclude the investigation phase of the digital euro project and to move to the preparation phase.
The stakeholder request mechanism allows stakeholders to submit suggestions based on scientific and/or technical evidence on new economic activities that could be added to the EU taxonomy or on potential revisions of technical screening criteria of existing activities.