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ECB’s IReF timeline forces banks to act now

The European Central Bank's publication of its official IReF implementation timeline marks a turning point for the European banking sector. Strategic planning must now...

ECB sets 2031 deadline for unified bank reporting

The European Central Bank (ECB), the institution responsible for monetary policy across the euro area, has set out the key milestones for the phased...

ECB appoints providers for digital euro development

The European Central Bank (ECB) has announced the selection of several service providers to support the next stage in preparations for a potential digital...

ECB warns EU over watering down CSRD rules

European Central Bank (ECB) president Christine Lagarde has urged EU lawmakers not to weaken the Corporate Sustainability Reporting Directive (CSRD) and related regulations as...

Why AI Agents are replacing FCC outsourcing

Despite years of hype around AI, it has taken until recently for financial crime compliance (FCC) teams to meaningfully replace traditional outsourcing with intelligent...

Legal setbacks postpone eurozone payment reform for non-bank providers

The European Central Bank (ECB) has announced a delay to the planned amendment of the TARGET Guideline, pushing back the timeline for allowing non-bank...

ECB warns of investor risk as 80% of companies face removal...

The European Central Bank (ECB) has issued a sharp warning over the European Commission’s proposed amendments to sustainability reporting laws, raising concerns that removing...

ECB collaborates with 70 firms to explore digital euro innovation

The European Central Bank (ECB) has launched an ambitious innovation platform to advance the development of the digital euro, drawing participation from nearly 70 organisations across the European payments ecosystem.

ECB’s Lane urges for Digital Euro to combat US payment firms’...

Europe's determination to introduce a digital euro is driven by the need to counter economic threats and reduce reliance on US-based payment firms, according to the ECB Chief Economist Philip Lane.

ECB’s call to innovate: Stakeholders invited to shape the Digital Euro’s...

In a leap towards modernizing the European payment landscape, the ECB has announced a new initiative to explore the possibilities of a digital euro.

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