EU
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Small mid-cap is EU’s new category that could reduce compliance burden, remove SME ‘cliff edge’
The agreement on certain Omnibus IV files creates a new small mid-cap (SMC) category extending SME regulatory simplification to more companies, amending GDPR, MiFID, and other key EU laws.
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GRIP Extra: FINRA advances remote inspection reforms, IOSCO updates secondary market disclosure standards
Our in-brief roundup of notable stories from the last week.
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Work on the N-ESRS accelerates, exposure drafts coming in July
The European Commission is advancing N-ESRS, which are the CSRD reporting requirements for non-EU companies.
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ECB moved to rein in Revolut’s ‘self-guided missiles’ in Europe
Europe’s most valuable fintech was ordered to address ‘deficiencies’ in oversight amid a rapid product rollout.
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ICT risk increasingly borderless
Joint ESA report also highlights the role of third parties as incident originators and warns about impending risk from AI.
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GRIP Extra: SCOTUS affirms SEC disgorgement power, EU unveils tech sovereignty package
Our in-brief roundup of notable stories from the last week.
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The next steps for Hungary and for the world
Hungary’s post-election transition illustrates a broader lesson: Countries can isolate themselves far faster than they can rebuild the trust and confidence required to fully reintegrate into international financial systems.
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What the European Partnership Bill means for financial services
Charles Herbert and James Clark discuss the potential for regulatory alignment across two areas of importance – digital law, and financial services regulation.
