In the last quarter of the year, the European Average Payment Delay (APD) stood at 12.17 days, which represents a slight increase of 0.06 days compared to last year. Throughout 2024, the European APD reached its lowest level since 2011, with 11.89 days in the first quarter.
The business information sector is little and poorly known despite being a tool used by most economic agents and playing a significant role in commercial transactions. It is little known because there are not many companies engaged in this activity. As of today, even the most economically developed countries have only two or three agencies.
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published on 18 October 2024 a survey on legal entities identifiers, aiming to gather evidence on the impacts of including alternatives for reporting or record keeping requirements.
On Tuesday 17 September 2024, Ursula von Der Leyen unveiled her proposal for the new college of Commissioners for the European Commission. After intense debate and last-minute changes, the proposed College has been unveiled together with the mission letters that go with each Commissioner portfolios.
In today's dynamic and interconnected global economy, businesses face unprecedented challenges when managing supplier risk. The complexity of supply chains, coupled with geopolitical uncertainties, economic volatility, and environmental concerns, makes it more critical than ever for companies to adopt a proactive approach to supplier risk management.