Tag: European Union

Customer Due Diligence (CDD) stands as a cornerstone in the ongoing battle against money laundering and terrorist financing. It compels regulated entities to collect and verify personal details—name, address, date of birth, and government-issued identification—from customers to authenticate their identities and assess potential financial crime risks.

Fortegra Group, a global specialty insurer and part of Tiptre, has officially received clearance to extend its operations to Belgium and the European Union.

Eye Security, a Netherlands-based cybersecurity firm, has successfully closed a €36m Series B funding round.

Finom, a challenger bank based in Europe and specifically tailored for SMEs and freelancers, has recently announced a substantial boost to its operations with a Series B equity funding round, raising a noteworthy €50m.

The Council and the European Parliament have made a significant step forward by reaching a provisional agreement on the Net-Zero Industry Act (NZIA).

The European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) have released a comprehensive report, shedding light on the direct provision of financial services by BigTech companies in the EU.

bunq, Europe's second-largest neobank, has reported a net profit of €53.1m for the year 2023.

The landscape of sustainability reporting is undergoing a transformative shift with the introduction of the Voluntary European Sustainability Reporting Standards (VSME). This groundbreaking initiative is...

In a bold move to revolutionise the financial sector, Andaria proudly announces its strategic partnership with London & Partners, marking its significant enrolment in the prestigious Grow London Global programme for 2024.

TrueLayer has become the first participant in the SEPA Payment Account Access Scheme (SPAA).