Tag: the EU

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.

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?

Flagright recently took the opportunity to explain how the new AML laws in the EU will impact high net worths and luxury ownership.

In a recent post by RegTech firm Saifr, the company provided a contrast between the EU and US’ approaches to the regulation of AI.

The European Commission has disclosed its decision to postpone integral elements of its Corporate Sustainable Reporting Directive.

The European Banking Authority (EBA), the primary bank regulator of the EU, has unveiled a fresh new report.

The European Parliament has adopted a new law to reduce methane emissions from the energy sector as part of the Fit for 55 initiative.

The European Commission has unveiled a new directive that will require companies to verify their environmental claims and labels.

The European Parliament has passed legislation that will require EU member states to cut greenhouse gas emissions by the year 2030.

The EU’s financial regulators are planning to carry out a system-wide analysis of the financial sector’s climate-related risk resilience.