Data sharing: preparing for compliance with the EU Data Act
FEBIS · 30. December 2024
As we approach the end of the year, we wanted to come back to one of the very important latest pieces of EU legislation promoting data sharing – namely the EU Data Act. The Data Act is part of the EU’s broader Data Strategy and builds on previous legislative efforts like the GDPR and the Data Governance Act.

Life in the grey zone: Political risk in 2025
Economy · 19. December 2024
2024 has been a year of heightened political instability. War is raging in the Middle East and Ukraine, national elections are bringing new leaders to the fore, and militants are continuing to disrupt vital maritime routes. Going into the new year, insurers are braced for a wave of economic and conflict-based risks. Isaac Hanson reports.

Economic Outlook - December 2024
17. December 2024
The global economy continues to show resilience, with inflation rates declining without causing a recession. However, potential import tariffs from the new US administration could pose a risk to future global growth. ...

Regulation on transparency and integrity of environmental, social and governance (ESG) ratings was published in the Official Journal of the EU
EU Newsletter · 12. December 2024
ESG ratings provide an opinion on the sustainability profile of a company or financial instrument, assessing its impact on society and the environment and its exposure to risks associated with sustainability issues.

EU Regulatory issues
EU Newsletter · 29. November 2024
In this EU Regulatory compilation from recent weeks, you will find reference to the EDPB Guidelines on Legitimate Interest, the case of the Irish Data Protection Commission on legitimate interest, publication of the 1st draft of the EU General Purpose AI Intelligence Code of Practice as well as the adoption of the ESG Ratings trilogue compromise by the Council.

European Commission: 5 public consultations on European Digital Identity
EU Newsletter · 29. November 2024
The digital identity will have to provide an efficient system of data security and ensure that trust service providers of qualified attestations of attributes cannot receive and information about use of attributes.

The new European Commission (2024 –2029)
EU Newsletter · 27. November 2024
Today, the European Parliament in plenary session approved the new College of Commissioners with 370 votes in favour, 282 against and 36 abstentions. The new political team of the Commission will officially take office on 1st December 2024, marking the start of President Ursula von der Leyen's second mandate.

European Parliament: EU Policymakers and Industry Experts Discuss Competitiveness and the Power of High-Quality Business Data
Press Releases · 26. November 2024
Policymakers, industry leaders, and experts convened at the European Parliament for the event “Enhancing EU Competitiveness Through High-Quality Business Data”, hosted by MEP Costas Mavrides in cooperation with the Federation of Business Information Services (FEBIS). The event brought to light the vital role of business data and advanced technologies in fostering innovation, combating financial crime, and strengthening Europe’s economic standing.

FEBIS participated in the new strategic plan (2025-30) of the ICCR
FEBIS · 15. November 2024
FEBIS, represented by its Vice-President Luis Carmona, participated in the 32nd plenary meeting of the International Credit Reporting Committee (ICCR)

Confirmation hearings for the European Commission
EU Newsletter · 04. November 2024
The actual hearings take place from 4 November until 12 November. Each candidate will be assessed by one or more parliamentary committees, depending on the proposed portfolio.

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