Tag: the EU
Navigating new compliance horizons: GDPR meets EU AI regulation
Since its inception in May 2018, the GDPR has set a global benchmark for data protection laws, ensuring organizations respect the privacy of EU residents.
How EU’s latest AML laws impact HNWIs and property ownership
Flagright recently took the opportunity to explain how the new AML laws in the EU will impact high net worths and luxury ownership.
EU’s battle against money laundering strengthens with AMLA agreement
The European Parliament and Council have reached a political agreement on the establishment of an Anti-Money Laundering Authority (AMLA).
EU sets global precedent with groundbreaking AI regulation deal
Europe has achieved a milestone in the world of AI by reaching a provisional deal on the European Union's landmark rules governing AI usage.
EU Commission explores universal sustainability disclosures for financial products
The EU Commission has unveiled a consultation surrounding its practices on sustainable financial disclosure.
European Parliament votes for member states to reduce emissions by 2030
The European Parliament has passed legislation that will require EU member states to cut greenhouse gas emissions by the year 2030.
EU financial regulators to carry out financial system climate stress test
The EU’s financial regulators are planning to carry out a system-wide analysis of the financial sector’s climate-related risk resilience.
European lawmakers secure agreement on green bond standards
Lawmakers in the European Parliament and the European Council have unveiled an agreement on the creation of standards for European Green Bonds.
EU bolsters sustainability reporting requirement with CSRD passage
The European Parliament has passed the Corporate Sustainability Reporting Directive (CSRD) by 525 votes to 60.
President Biden signs executive order on US-EU data transfer privacy
President Joe Biden has signed an executive order that will aim to protect the privacy of personal data transfers between the US and the EU
