Tag: European Commission
A closer look at EMIR Refit and LEI reporting obligations for...
From the 24th April 2024, the financial markets will experience a significant shift with the application of the revised EMIR Refit (regulatory fitness and performance programme) rules, an integral component of the European Commission's “Better Regulation” agenda.
AMLA’s new home in Frankfurt: Strengthening EU’s fight against financial crime
In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.
European Commission backs ambitious plans to reduce F-gases and ozone depleting...
The European Commission has welcomed the adoption of strengthened rules on the use of fluorinated gases (F-gases) and ozone-depleting substances (ODS), as they look...
Several industry associations voice concerns over AML regulation draft
In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.
Sustainable success: Impact investing’s rising potential in 2023
Position Green's US team recently participated in PEI’s inaugural Impact Investor Summit North America. The conference provided a platform for deep discussions on the current state and future of impact investing in 2023, exploring the challenges and opportunities in financing, along with the changing disclosure and regulatory frameworks.
Corporate responsibility & Europe’s CSDDD: What lies ahead for businesses.
The Corporate Sustainability Due Diligence Directive, commonly referred to as CSDDD or CS3D, is Europe's ambitious initiative aimed at instilling sustainable practices within the...
Signicat is the first to offer SPID for seamless European digital...
Signicat, a dominant figure in the European Digital Identity sector, recently made a significant move by incorporating the Italian e-identity system, SPID (Sistema Pubblico di Identità Digitale), into their electronic identity range.
Moody’s Analytics links with European Commission to modernise fraud detection
The European Commission has recently joined hands with Moody's Analytics to overhaul its anti-fraud operations.
How explainability is reshaping fraud detection in the financial sector
AI and ML models have become an essential part of the FinTech sector, predicting outcomes and making decisions, especially in fraud.
EC proposes regulatory changes to safeguard financial stability
The European Commission has proposed changes to the Central Securities Depositories Regulation to boost efficiency of the EU’s settlement markets and protect financial stability.
