EU Newsletter · 01. July 2020
The EU is temporarily adapting banking rules in order to maximise the capacity of banks to lend money and support households and businesses to recover from the COVID-19 crisis. The banking package adopted today provides targeted and exceptional legislative changes to the capital requirements regulation (CRR 2). These changes will allow credit institutions to fully play their role in managing the economic shock that stems from the COVID-19 pandemic by fostering credit flows. More specifically,...
EU Newsletter · 13. May 2020
European Commission consults on its Action Plan for a comprehensive Union policy on preventing money laundering and terrorist financing On May 7, the European Commission unveiled a new public consultation its Action Plan for a comprehensive Union policy on preventing money laundering and terrorist financing The objective of the consultation is to seek comments on the 6 pillars outlined by the draft EC Action Plan on AML which are: · Ensuring the effective implementation of the existing EU...
EU Newsletter · 14. April 2020
SPOTLIGHT OF THE MONTH
The pandemic of the Covid-19 has spread out everywhere on the planet and has already had big consequences on companies and on people globally. The focus is of course put on getting health resources at their maximum level and try to put brakes on the evolution of the epidemy, and many countries have adopted tight lockdown policies with people urged to stay at home to avoid dissemination of the virus. Aside from the health issue, this also has dramatic consequences for ...
EU Newsletter · 27. March 2020
SPOTLIGHT OF THE MONTH
The European Commission unveiled mid-February 2020 its long -awaited EU Data Strategy, together with the expected plan on Artificial Intelligence.
Both proposals insist on the importance of enabling better data access and data sharing, not only regarding public sector data (PSI or G2B) but also about private data sharing with public bodies (B2G) or between businesses themselves (B2B).