Blog
EU: Corporate Sustainability Due Diligence Directive
On April 25, 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive. After Council adoption and publication in the EU Official Journal, it becomes law, mandating Member States to comply within 2 years.
EU Parliament: PSD3 and Payment Services Regulation approval
On April 22, 2024, the EU Parliament adopted proposals for PSD3 and PSR, aiming for competitive, secure payment services. Changes include free verification of unique identifiers, transparent fee disclosure, better access to cash, and entry for new players in internet payments.
ELTIF Regulation: ESMA's view on RTS Amendments
ESMA's April 22, 2024 opinion on ELTIF Regulation proposes adjustments to draft RTS, aiming to balance investor protection and CMU objectives.
REMIT Regulation: Energy Market Integrity and Transparency
After extensive debate, the EU Parliament and Council approved amendments to REMIT in early 2024. These changes, proposed by the European Commission, aim to enhance market integrity and transparency, marking a significant update to the regulation.
ESRB Report: Policy Tools against cyber risks
On April 16, 2024, the ESRB released a report on operational policy tools for cyber resilience, expanding on their efforts to tackle systemic cyber risks. It highlights approaches like defining thresholds for macro-prudential responses and assessing tools like capital buffers and scenario testing.