Blog

The EBA introduces flexible draft RTS for market risk management, allowing deviations in exceptional circumstances. Transparent conditions acknowledge unique challenges in diverse sectors. Stakeholders actively participate via webinar for a balanced regulatory framework. Deadline: Nov 3, 2023.

RegTech streamlines compliance in finance by leveraging AI and Big Data. It aids in reducing costs, managing risks, and preparing for regulatory shifts. By fostering innovation and collaboration, it's setting new trends in financial sector regulation

Financial world shifts with ISSB IFRS S1 and IFRS S2 Sustainability Disclosure Standards. Harmonizing global approaches, they offer guidance on risks, opportunities, and climate disclosures. Preparation is key for convergence towards high-quality sustainability disclosures.

The European Financial Reporting Advisory Group (EFRAG) is conducting an extensive review of IFRS 15 - Revenue from Contracts with Customers. It may lead to targeted guidance and impact financial institutions. Prepare for potential changes. Stay informed and adaptive for compliance.

The EBA's recent directive on FSIs improves data harmonization and reporting efficiency in the EEA banking sector. Benefits include precise analyses, reduced reporting burdens, transparency, and alignment with global standards. Swift action is crucial for leveraging these advantages.