Regulation on transparency and integrity of environmental, social and governance (ESG) ratings was published in the Official Journal of the EU
EU Newsletter · 12. December 2024
ESG ratings provide an opinion on the sustainability profile of a company or financial instrument, assessing its impact on society and the environment and its exposure to risks associated with sustainability issues.

EU Regulatory issues
EU Newsletter · 29. November 2024
In this EU Regulatory compilation from recent weeks, you will find reference to the EDPB Guidelines on Legitimate Interest, the case of the Irish Data Protection Commission on legitimate interest, publication of the 1st draft of the EU General Purpose AI Intelligence Code of Practice as well as the adoption of the ESG Ratings trilogue compromise by the Council.

European Commission: 5 public consultations on European Digital Identity
EU Newsletter · 29. November 2024
The digital identity will have to provide an efficient system of data security and ensure that trust service providers of qualified attestations of attributes cannot receive and information about use of attributes.

The new European Commission (2024 –2029)
EU Newsletter · 27. November 2024
Today, the European Parliament in plenary session approved the new College of Commissioners with 370 votes in favour, 282 against and 36 abstentions. The new political team of the Commission will officially take office on 1st December 2024, marking the start of President Ursula von der Leyen's second mandate.

European Parliament: EU Policymakers and Industry Experts Discuss Competitiveness and the Power of High-Quality Business Data
Press Releases · 26. November 2024
Policymakers, industry leaders, and experts convened at the European Parliament for the event “Enhancing EU Competitiveness Through High-Quality Business Data”, hosted by MEP Costas Mavrides in cooperation with the Federation of Business Information Services (FEBIS). The event brought to light the vital role of business data and advanced technologies in fostering innovation, combating financial crime, and strengthening Europe’s economic standing.

FEBIS participated in the new strategic plan (2025-30) of the ICCR
FEBIS · 15. November 2024
FEBIS, represented by its Vice-President Luis Carmona, participated in the 32nd plenary meeting of the International Credit Reporting Committee (ICCR)

Confirmation hearings for the European Commission
EU Newsletter · 04. November 2024
The actual hearings take place from 4 November until 12 November. Each candidate will be assessed by one or more parliamentary committees, depending on the proposed portfolio.

ESMA Survey on legal entity identifiers
EU Newsletter · 31. October 2024
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published on 18 October 2024 a survey on legal entities identifiers, aiming to gather evidence on the impacts of including alternatives for reporting or record keeping requirements.

Sharp rise in bankruptcy proceedings
Economy · 28. October 2024
Across the whole of Switzerland, the number of bankruptcies rose by 10.8% from January to September 2024. In September alone, the increase amounted to 28.5% compared with September 2023.

How technology is transforming economies in Southeast Asia as the region embraces rapid change
Economy · 23. October 2024
Advances in technology are taking place at a remarkable pace and are changing almost every aspect of life and nearly every economic sector, including transport, energy, communications, healthcare, manufacturing, entertainment, business and education.

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