Tag: European Commission

A closer look at EMIR Refit and LEI reporting obligations for...

From the 24th April 2024, the financial markets will experience a significant shift with the application of the revised EMIR Refit (regulatory fitness and...

DeFi protocols avoid EU’s MiCA regulation but need to be “fully...

Key European DeFi investment stats in 2023: · European DeFi deal activity reached 72 deals in 2023, a 43% drop from 2022 · European DeFi companies...

AMLA’s new home in Frankfurt: Strengthening EU’s fight against financial crime

In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.

European Commission backs ambitious plans to reduce F-gases and ozone depleting...

The European Commission has welcomed the adoption of strengthened rules on the use of fluorinated gases (F-gases) and ozone-depleting substances (ODS), as they look to reduce the EU's total greenhouse gas emissions.

Japanese FinTech deal activity sees a trend defying 21% uptick in...

Japanese FinTech investment stats in 2023: • Japanese FinTech investment totalled at $212m in 2023, a 52% drop from 2022 • Japanese FinTech deal activity reached...

Several industry associations voice concerns over AML regulation draft

In an industry-wide call to action, several prominent associations have voiced their concerns over the potential consequences of the current draft text of Recital 34 in the Anti-Money Laundering (AML) Regulation.

Sustainable success: Impact investing’s rising potential in 2023

Position Green's US team recently participated in PEI’s inaugural Impact Investor Summit North America. The conference provided a platform for deep discussions on the...

Dutch FinTech expected to remain resilient in 2023 with small 15%...

Key Dutch FinTech investment stats in Q1-Q3 2023: • Dutch FinTech deal activity is expected to reach 63 transactions in 2023, a 15% reduction from...

How SMEs can align with the latest sustainability standards

With the introduction of the Corporate Sustainability Reporting Directive (CSRD), companies are now required to disclose their sustainability performance. However, the European Financial Reporting Advisory Group (EFRAG) has acknowledged the challenges faced by small and medium-sized enterprises (SMEs) in meeting these requirements due to their limited resources.

Climate change and finance: The transition from TCFD to ISSB standards

After six years of pioneering work in climate-related financial disclosure, the Task Force on Climate-related Financial Disclosures (TCFD) has released its final status report. ESG-focused FinTech company Position Green recently explained what firms can learn from the new report. 

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