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EU legislative initiatives on recovery and resolution planning for insurance undertakings are taking shape
EU 13.02.2024
With the compromise proposal for an Insurance Recovery and Resolution Directive (IRRD) published by the EU Council in January 2024, EU legislative initiatives to establish a recovery and resolution framework...
Hungary makes changes to labour law, occupational health and safety at work
Ungarn 13.02.2024
Hungary has initiated a series of legislative amendments to laws governing labour, occupation health and safety at work, some of which already entered into force on 1 January 2024. Specifically, Hungarian...
Ukraine launches State Register of Sanctions
Ukraine 09.02.2024
On 29 January 2024, the President of Ukraine by the Decree No. 36/2024, approved the Decision of the National Security and Defence Council of Ukraine “On Approval of the Regulation on the State Register...
New Draft Regulations on the Proposed Numerical Sectoral Targets
Südafrika 07.02.2024
On 1 February 2024, a second round of draft regulations on the Proposed Numerical Sectoral Targets ("February 2024 Regulations") were published for public comment in the Government Gazette. The February...
Banker's oath
Belgium 05.02.2024
On 15 January 2024, the law on the banking oath was published in the Belgian Official Gazette. The law impacts the banking sector and only applies to certain categories of managers and employees.What is...
Hungary extends grid connection long-stop-date for new power plants
Ungarn 02.02.2024
On 31 January 2024, the Hungarian government adopted the amendment to Government Decree 526/2022. (XII. 16.) that amends the Electricity Act regarding rules for grid connection. Under the original Grid...
DORA obligations apply to different payment operators and processors in Spain
Spanien 02.02.2024
Royal Decree-Law 8/2023 applies certain obligations of DORA Regulation to payment system operators, payment scheme operators, electronic payment arrangement operators, payment processors and other technological...
PRA's review of ring-fencing rules: potential for relaxation in key pain points
United Kingdom 30.01.2024
On 25 January 2024, the Prudential Regulation Authority (PRA) published a report setting out its conclusions following the PRA’s review of its ring-fencing rules undertaken during the course of 2023....
New EBA guidelines to manage AML risks as part of the activities of crypto-asset service providers
Europe 24.01.2024
EBA released guidelines amending ML/TF Risk Factors Guidelines to include crypto-asset service providers within its AML framework.On 16 January 2024, the European Banking Authority (EBA) released its guidelines...
Hungarian Competition Authority launches study on impact of AI on competition and consumers
Ungarn 17.01.2024
On the eve of the European Commission’s calls for contributions on competition in virtual words and generative AI, the Hungarian Competition Authority (HCA) announced that it is launching a market...

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EU legislative initiatives on recovery and resolution planning for insurance undertakings are taking shape

Hungary makes changes to labour law, occupational health and safety at work

Ukraine launches State Register of Sanctions

New Draft Regulations on the Proposed Numerical Sectoral Targets

Banker's oath

Hungary extends grid connection long-stop-date for new power plants

DORA obligations apply to different payment operators and processors in Spain

PRA's review of ring-fencing rules: potential for relaxation in key pain points

New EBA guidelines to manage AML risks as part of the activities of crypto-asset service providers

Hungarian Competition Authority launches study on impact of AI on competition and consumers

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