The EACT has contributed to the European Parliament Economic and Monetary Affairs (ECON) Committee's public consultation on the coherence of financial services regulation. The response highlights some of the incoherencies faced in the implementation of EMIR and underlines that the introduction of a Financial Transaction Tax (FTT) would be inconsistent with the EU economic recovery agenda as its costs would be borne by the real economy instead of the financial sector. In addition, the EACT contribution calls upon the decision-makers to systematically take into account and assess the impact of any financial services legislative proposal on non-financial companies.
Ahead of the EACT in Action session at the 2025 EACT Summit, read this GLEIF document to learn why Verification of Payee has become a crucial tool for fraud-conscious treasurers.
View MoreThe EACT is pleased to remind all members about the deadline: 31 Juanuary 2025 for nominations for the 6th EACT Award 2025.
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As a new chapter is opening for the European Union, with a new European Commission soon in place and a new European Parliament now elected, it is time for some fresh thinking to set up the EU economy for success and competitiveness.
View MoreAs adoption of real-time and other payment types increases across the globe, fraud detection strategies must also evolve. In parallel, the regulatory bodies overseeing payments are adapting their requirements.
View MoreEACT Board Member, Guillermo De La Fuente has been selected as member of the European Banking Authority (EBA)'s Stakeholder Group.
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