Blog
EFAMA Regulatory Framework: Third-Party ESG Data Providers
EFAMA emphasizes the inclusion of third-party ESG data providers in regulatory frameworks, aligning with the European Commission's transparency initiatives. This synergy promises a new era in sustainable investment, fostering unparalleled transparency and global consistency.
Financial Services & Markets Act: EU Law Replacement
The UK is set to replace the Retained EU Law (REUL) with the Financial Services & Markets Act 2023, heralding significant shifts in the financial sector. This move aims for a more flexible, innovative framework and an enhanced FCA Handbook.
Politically Exposed Persons (PEP): FCA's Legislation Review
The UK's FCA is delving deep into the treatment of Politically Exposed Persons (PEPs) by financial institutions. This comprehensive review, set to conclude by June 2024, could redefine how firms identify and interact with PEPs.
The Regulated Liability Network
The Regulated Liability Network (RLN) in the UK is pioneering a financial evolution, integrating diverse money forms via distributed ledger technology. Promising 24/7 accessibility and multi-asset settlements, RLN's innovation might inspire a global financial paradigm shift.
ECB: Digital Euro as a Shield Against Stablecoin Monopolies
The Digital Euro signals a transformative shift in Europe's financial landscape. Envisioned as a counter to growing monopolistic tendencies of private payment providers, it emphasises economic stability and unmatched transactional privacy.