The Commission welcomes the Council’s adoption of the 19th Russia sanctions package, substantially increases the pressure on the Russian war economy, targeting key sectors such as energy, finance, the military industrial base, special economic zones, as well as enablers and profiteers of its war.
financial services
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People and businesses can now transfer money in euro within seconds, anytime – day or night, weekdays or weekends – whether within their own country or across the euro area.
The Commission, in line with its broader simplification agenda, has informed the European Supervisory Authorities and the Anti‑Money laundering Authority (AMLA) of its plan to deprioritise 115 non‑essential level 2 acts.
Today’s financial literacy strategy aims to help citizens make sound financial decisions, ultimately improving their well‑being, financial security and independence.
The European Commission announced a major initiative to advance the Savings and Investments Union and deliver tangible benefits for all citizens across the EU.
On Monday 29 September 2025, the European Commission will host the ‘Vienna Initiative Full Forum’ 2025 in Brussels.
The recommendation presents a voluntary standard that will make it easier for SMEs that are not covered by the Corporate Sustainability Reporting Directive (CSRD) to respond to specific requests for sustainability information from large financial institutions and companies.
The feedback is on the prudential treatment of investment in equities by banks under legislative programmes in the Capital Requirements Regulation (CRR)
The draft amendments aim to remove deterrents for insurers to support the long‑term financing of the European economy, while preserving financial stability and ensuring policyholder protection.
The amendments to the first set of European Sustainability Reporting Standards (ESRS) will reduce burden and increase certainty for companies that had to start reporting for financial year 2024.
