Tag: EU
ESMA calls for changes to Transparency Directive following the Wirecard scandal
The European Securities and Markets Authority (ESMA) has written to the European Commission with a proposal to improve the Transparency Directive (TD), following the Wirecard scandal.
FinTech community welcomes UK FinTech review but fear more must be...
The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.
Investors “woefully unprepared” for the implementation of SFDR – experts warn
EU Sustainable Finance Disclosure Regulation (SFDR) will be enforced from March 10, but experts warn that businesses are unprepared for the new legislation.
Orange Bank acquires challenger bank Anytime
Orange Bank has bought French neobank Anytime to scale up its commercial reach and enhance its range of solutions for professionals and SMEs.
Muinmos welcomes ESMA’s new powers
Last week the EU's securities market regulator announced that it had begun to use its convergence powers, which has now been welcomed by RegTech Muinmos.
EU to get its own anti-money laundering body
After almost a year of discussions, EU finance ministers have agreed to launch a regulatory body focused on fighting money laundering.
ESMA postpones changes to EMIR until March 2021 because of Brexit
The EU’s securities markets regulator has postponed the applicability date of the updated European Markets Infrastructure Regulation (EMIR) validation rules to March 8, 2021.
How OakNorth has weathered the Covid-19 crisis and Brexit so far
Despite Covid-19 and Brexit, challenger bank OakNorth claims to have been able to avoid many of the hurdles other neobanks have faced.
The European Commission proposes new regulation for digital payments and cryptos
The European Commission has adopted a new Digital Finance Package, which aims to improve the competitiveness and innovation of the financial sector.
UK to take less bureaucratic approach to regulations post Brexit
The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.