Download our full document below to read the latest Financial Services insights over the past three months.
In May 2024, the European Securities and Markets Authority (ESMA) issued comprehensive guidelines on the use of ESG (Environmental, Social, and Governance) or sustainability-related terms in fund names. These guidelines aim to ensure that fund names are not misleading and accurately reflect the underlying investment strategies and objectives.
This is the fourth edition of our newsletter, where we cover some of the major developments across the financial services sector throughout 2024 and look towards 2025.
The EBA has issued a No Action letter clarifying that firms providing services involving Electronic Money Tokens (EMTs) under MiCA will not require dual authorisation under PSD2 until 1 March 2026. This guidance reduces immediate regulatory burden for crypto-asset service providers but urges firms to prepare for future compliance under PSD3 and the upcoming Payment Services Regulation.
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