Blog
Basel III: Banking Regulations
Basel III implementation in the U.S. banking system highlights enhanced capital requirements for banks, potentially reshaping credit access and financial stability. Discussions suggest possible legislative reforms in banking regulation.
IFRS 9: Implementation in EU
The EBA's report on IFRS 9 highlights diverse strategies used by EU banks for stage transfers, demonstrating their adaptability and innovation in financial reporting and asset management. It offers insights beyond compliance, serving as a benchmark for best practices in the industry.
Which are the EU Regulatory Requirements?
Exploring EU's 2023 regulatory landscape: Harmonised financial services, strengthened ECB role, expanded non-banking regulation, fintech innovation, AML efforts, consumer credit revisions, insurance solvency, and green finance initiatives.
UK Economic Crime Act
The UK Economic Crime Act revolutionizes regulatory compliance for foreign property owners in the UK. It mandates registration, annual updates, and strict penalties for non-compliance, emphasizing transparency and accountability in real estate ownership.
Fraud Detection: VAT System Amendments
EU's VAT system overhaul focuses on fraud detection and digital transformation. It mandates detailed reporting, introduces central VIES for real-time data, and emphasizes data security. Financial institutions must adapt to new regulations and IT systems, ensuring ongoing compliance and integrity.
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