The European Union (EU) has announced its plans to implement new regulations and guidelines aimed at increasing transparency in the financial sector. The proposed measures include stricter reporting requirements for banks and financial institutions, as well as increased oversight of high-risk investment products. The EU hopes that these new rules will help to prevent another financial crisis and protect consumers from fraud and misconduct. The regulations are set to go into effect next year, and member countries will be required to comply with the new guidelines.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.