Blog

The Master Regulatory Reporting Agreement (MRRA), introduced on Dec 6, 2023, revolutionizes financial regulatory reporting. A collaborative effort of FIA, ICMA, ISLA, and ISDA, it streamlines compliance with EMIR and SFTR, enhancing transparency and efficiency in the financial sector.

EFRAG's endorsement of ISSB's climate disclosures marks a major step for global climate transparency, aligning with CSRD. This move impacts EU financial institutions, streamlining reporting processes and setting new environmental reporting standards.

Highlighting the intricate balance between GDPR and MiFID II Directive, this text delves into the challenges faced by EU financial institutions. It underscores the pivotal role of national authorities and the necessity for adaptable data management strategies.

The Solvency 2 Directive significantly transforms the European insurance sector, enhancing transparency and risk management while ensuring financial stability. It mandates rigorous Internal Risk and Solvency Assessments, aligning business strategies with risk and capital requirements.

OP28 and the EBA's transformative strategy in the EU banking sector, focusing on sustainable finance and transparency. Emphasizing green banking practices, aligning with climate-neutral initiatives for achieving COP28 objectives.