On November 29, 2024, the European Commission introduced the Commission Implementing Regulation (EU) 2024/2956, laying down detailed technical standards for the application of Regulation (EU) 2022/2554, known as the Digital Operational Resilience Act (DORA). This update, which will officially come into force 20 days after its publication in the Off...
05 December 2024 Financial Services Regulation
The Minimum Requirement for Own Funds and Eligible Liabilities (MREL) and the Bank Recovery and Resolution Directive (BRRD) are pivotal components of the European Union's strategy for financial stability. On November 27, 2024, the European Banking Authority (EBA) published its 2024 MREL Dashboard, providing comprehensive insights into the progress ...
02 December 2024 Banking Strategy, Digital and Transformation
The Gloomy Outlook for the European Economy The EU economy is facing long-term troubles, a consensus recently echoed by the media and European politicians. Following GDP growth of just 0.3% in 2023, the EU’s annual GDP growth for 2024 continues to struggle between 0.2% and 0.4%, on the edge of a recession. Compared to the 2.5% GDP growth in the
27 November 2024 Innovation in Financial Services
The phrase "transformational software components" is very insightful. We first need to understand the boundaries of LLM AI's capabilities to find the right way to use it.
21 Nov 2024 08:56 Read comment
Innovation in Financial Services
Banking
Financial Services Regulation
Sofia MaunulaMarketing Manager at MORS Software
Arianne RosmolenMarketing Manager at FundApps
Philip ChethalanMarketing Manager at Subex
Melissa McKeownMarketing Manager at Segpay
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