In case you missed it: Summer briefing notes & podcasts
ECON draft report on safeguarding and promoting financial stability amid economic uncertainties
On 28 April 2025, the European Parliament’s Committee on Economic and Monetary Affairs published a draft report on safeguarding and promoting financial stability amid economic uncertainties. Among other things the Rapporteur identifies several macro-financial risks and stresses the need for robust crisis preparedness mechanisms to safeguard the EU’s financial system. The rapporteur also highlights the
ESAs and ENISA sign MoU
On 5 June 2024, the European Supervisory Authorities entered into a multilateral Memorandum of Understanding (MoU) with the European Union Agency for Cybersecurity.
The MoU sets out the framework for cooperation and exchange of information on tasks of mutual interest, including policy implementation, incident reporting, and oversight of critical Information Communication Technologies third-party
ESRB publishes follow-up report on vulnerability in the residential real estate sectors of the EEA countries
On 1 February 2024, the European Systemic Risk Board (ESRB) published a report on vulnerability in the residential real estate (RRE) sectors of the EEA countries. In recent years, the ESRB has regularly assessed residential real estate vulnerabilities in the European Economic Area (EEA) countries and the extent to which they are addressed
Committee MEPs voted for better data sharing and less red tape
On 30 January 2024, the European Parliament issued a press release stating that the Economic and Monetary Affairs Committee had voted to approve the text of the proposed Regulation amending Regulations (EU) No 1092/2010, (EU) No 1093/2010, (EU) No 1094/2010, (EU) No 1095/2010 and (EU) 2021/523 as regards certain reporting requirements in the fields of
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 9 January 2024 although if there are any significant developments we will endeavour to provide an update.
ESRB holds 51st regular meeting
- The ESRB concluded that financial stability risks in the EU have remained broadly unchanged since its last meeting in
European Commission publishes initiative on adjusting SME size criteria for inflation
On 13 September 2023, the European Commission published an initiative setting out a draft Delegated Directive that will amend the thresholds in the Accounting Directive for determining the size category of a company to account for the impact of inflation. Since 2013, the size thresholds have remained unchanged. An increase will result in micro, small
Greenwashing: the current sanctioning regime in Italy
Following their call for evidence in November 2022, on 1 June 2023, the European Supervisory Authorities (“ESAs”) published their first progress reports on greenwashing (the “Reports”) to better identify the phenomenon and to assess which areas of the sustainable investment value chain (“SIVC”) are more exposed to greenwashing risks.
In the Reports the ESAs have
Merry Christmas and a Happy New Year to our readers
To all of our global readers we would like to take this opportunity to wish you all a Merry Christmas and a Happy New Year.
We will resume posting material following the festive period on 9 January 2023 although if there are any significant developments we will endeavour to provide an update.