Risk Management of Artificial Intelligence Systems for the Banking Industry
Introduction In recent years, Artificial Intelligence systems have become prominent tools in a multitude of industries, including banking.…
The updated Basel III Prudential Framework (CRR3)
With the publication of Regulation (EU) 2024/1623, on 31 May 2024, the final texts of Regulations No. 575/2013…
The new Corporate Sustainability Due Diligence Directive: overview
In a press release of 24 May 2024,[1] the EU Council announced the adoption of the Corporate Sustainability…
Building more effective and attractive capital markets in the EU: an ESMA position paper
On 22 May 2024, the European Securities and Markets Authority (ESMA) published a Position Paper on Building more effective and…
The EU Digital Operational Resilience Act: an outlook after one year
The EU Digital Operational Resilience Act (Regulation (EU) 2022/2554, DORA)[1] is a significant legislative step forward, having been…
The EU Artificial Intelligence Act: implications for the insurance industry
Artificial Intelligence (AI) is poised to play a pivotal role in the ongoing digital transformation across all industries…
Mortgage Credit Directive: EBA peer review on supervision of the treatment of delinquent borrowers
On 11 December 2023, the European Banking Authority (EBA) published a peer review report[1] on the supervisory treatment…
Greenwashing in light of the new ESAs progress reports
Introduction Greenwashing is a term used to describe the practice of making false or misleading claims about the…
The New EU-U.S. Data Privacy Framework on the Transfer of Personal Data to the United States
On 10 July, the European Commission adopted a new decision to declare the level of data protection offered…
The EU Data Act amid fierce critics
Data is one of the main focuses of the European institutions, which aim to create an environment that…