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IFR/IFD compliance: how financial services can achieve it?

IFR/IFD compliance: how financial services can achieve it?

The 2019-introduced IFR/IFD sets new requirements for financial firms. Firms must identify compliance gaps, adjust governance and reporting, and create a thorough plan with staff training, tech upgrades, and ongoing checks to meet the 2023 deadline.

Governance & Risk Management: EU on UNICEF Framework

Governance & Risk Management: EU on UNICEF Framework

The EU praises UNICEF's 2022 report for effective governance and risk management. It acknowledges more case reports, suggesting trust in UNICEF, and urges swift handling of increasing cases. The focus on exploitation cases is welcomed.

EU Compliance: Securitisation Regulation Challenges

EU Compliance: Securitisation Regulation Challenges

AFME's report identifies compliance with the EU & UK Securitisation Regulation as challenging. It burdens businesses, curbs investment agility, and raises entry barriers, impeding even savvy investors. AFME urges regulatory changes to promote securitisation market growth.

Sweden Cybersecurity: Foreign Investment Regulations

Sweden Cybersecurity: Foreign Investment Regulations

To guard national interests, Sweden will scrutinize foreign investments in key sectors from Dec 1, 2023. A body will inspect if non-EU states control investors, ensuring risk reduction, economic competitiveness, free trade, and human rights.

Cryptocurrency Regulation: EU Bank Capital Restriction

Cryptocurrency Regulation: EU Bank Capital Restriction

EU gov'ts support new bank capital standards that may classify unbacked cryptocurrencies like Bitcoin & Ether as riskiest assets for lenders. Agreement expected soon, isolating crypto from banking system. Mats Anderson, Swedish diplomat, sees commission paper as basis for progress.

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