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The EU might be gearing up to change some of the rules regulating retail and insurance-based investment products (PRIIP), but MirrorWeb warns that financial firms should worry more about the rules already in place.
Mastercard is building its first European Cyber Resilience Centre, which will help to drive collaboration in the public and private sectors.
The European Commission has issued legal warnings to eight EU countries which have failed to meet the new anti-money laundering (AML) laws.
The European Parliament has called for new rules which will protect consumers with interactions involving AI and automated decision-making (ADM).
The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.
For the past 47 years, the UK has been able to influence EU legislation. Now, less than a week after Brexit, Brussels are looking to tear up the concessions made to Britain about its financial rulebook.
Lawmakers have hurled a smattering of new regulations against the financial industry over the last decade, forcing them to up their reporting efforts or risk facing fines and other sanctions.
After New Year’s Eve, Britain can arguably create its own rules for the financial sector. One executive is now arguing this is an opportunity too good to miss.
Just days after the UK officially left the EU, one of the country’s FinTech firms was granted a €20m loan from the European Investment Bank (EIB).
The European Securities and Markets Authority (ESMA) has launched a consultation on new reporting requirements from third-country firms to ESMA.