Tag: European Parliament

Digital euro nears reality but banks weigh cost vs reward

The digital euro is edging from concept towards reality, and according to a report from Tieto, European banks now face pivotal choices over the...

Digital euro cleared by EU committee in payments power shift

The European Parliament's Economic and Monetary Affairs Committee has approved the digital euro, a central bank-backed digital currency designed to reduce Europe's dependence on...

APP fraud regulation: What Europe’s PSR means for banks

Criminals do not recognise borders. When a victim is manipulated into authorising a fraudulent payment transfer — a tactic the industry variously labels APP...

EU deal tightens retail investment rules to protect consumers

The European Parliament has reached a provisional agreement with the Council on a wide-ranging package of measures designed to encourage greater retail participation in...

EU reforms promise safer payments and fewer hidden fees

EU lawmakers have reached a landmark agreement to overhaul the bloc’s payment services framework, paving the way for tighter fraud protections, greater transparency on...

Lagarde opposes EU cuts to sustainability reporting

European Central Bank (ECB) president Christine Lagarde has cautioned lawmakers that proposed cuts to the EU’s sustainability reporting and due diligence rules could undermine...

EPP proposes tighter limits on CSRD, CSDDD scope

The European People’s Party (EPP) has unveiled proposals for even sharper reductions to the European Commission’s Omnibus initiative, which seeks to simplify the EU’s...

New 1,000-employee threshold could exempt many firms from CSRD reporting

The European Commission’s Omnibus Proposal, introduced in February 2025, represents a major shift in sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD)....

European Commission unveils Omnibus Package to simplify sustainability reporting

The European Commission has introduced the Omnibus Package, a significant regulatory reform aimed at reducing bureaucratic complexity in sustainability reporting.

How EU’s new leaders will shape sustainability and economic growth

The recent EU elections have resulted in a mix of continuity and change within the union's leadership.

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