Good regulation 🤝 free caffeination
Move likely to raise concerns among hedge funds and private credit groups of greater regulatory scrutiny
Eurozone banks hold €1.3tn in loans to sectors most exposed to severe water shortages, including farming
Berlin says Republican proposal to shut the PCAOB threatens international co-operation
Plus, EU and US regulators trade barbs and Santander sits tight in the UK
Stung by its lack of competitiveness, the EU is making a new push to create a deep financial market. Some investors believe this time could be different
Also in this newsletter: auditors damp hopes on success of Brussels’ industrial aims
Environmental data shows carbon dioxide from flights has risen, as airlines struggle to decarbonise
Review comes as Trump’s DoJ appointees loosen enforcement on crypto, sanctions and foreign bribery
Independent labels urge competition authorities to block deal saying it would make music giant too dominant
Relatively modest penalties issued as officials try to avoid escalating tensions with White House
Navigating a bancassurance accounting loophole
Thomas Rabe hopes that softening EU regulation will allow him to revisit a tie-up between broadcasters M6 and TF1
Executives believe new competition chief and bloc’s push for growth will lead to change
Geopolitics is undermining the global system of financial regulation
Bloc registers steep rise in products purchased online not meeting safety standards
European Banking Authority says variable pay for some staff has risen to more than €1mn
Officials zeroing in on $1.1tn SRT market between banks and private capital investors
Government proposes lighter regulatory regime in push to encourage investment
EU and UK watchdogs act after finding multiple manufacturers co-ordinated positions on vehicle recycling
Italian bank has raised concerns that billionaires’ actions could hand them control of three big financial institutions
Brussels to push ahead with enforcing digital rules on Big Tech groups but with low financial penalties for breaches
Higher requirements designed to discourage sector from holding digital assets
European Commission considers softening parts of law that could spare Big Tech from key elements
Also in this newsletter: Should all EU households be told to prepare for war?
