The registry of companies’ beneficial owners: a transparency coming at a price !
Published the 18.01.2019
The Law of 13 January 2019 setting up a register of beneficial owners of companies (the “Law”) was published on 15 January 2019 in the Official Gazette (“Memorial”). One can...
Romania’s presidency of the Council – Priorities and challenges
Published the 18.01.2019
On first January 2019, Romania took on its first presidency of the Council since it joined the EU in 2007. And one must admit it is not an easy task...
ABBL endorses UNEP FI Principles for Responsible Banking
Published the 16.01.2019
On 16 January 2019, the ABBL Board of Directors has unanimously approved the association’s endorsement of the UNEP FI Principles for responsible banking. The United Nations Environment Programme – Finance...
ESA review: a milestone has been taken but the clock is ticking…
Published the 11.01.2019
This Thursday morning, 10 January 2019, the European Parliament’s Economic and Monetary Affairs Committee adopted its mandate to negotiate the review of the European Supervisory Authorities with the other co-legislator,...
2019, the year of AML
Published the 11.01.2019
2019 will definitely be a challenging year for compliance officers to implement all of the legislative and regulatory changes looming, given the transposition of the 4th and 5th anti-money laundering...
New collective bargaining agreement training sessions
Published the 11.01.2019
The House of Training offers new training sessions dedicated to the new Collective bargaining agreement for bank employees. New Collective Bargaining Agreement for Banks: Job Grading Exercise (16h) Upon successful...
EBA reports on crypto-assets
Published the 09.01.2019
The European Banking Authority (EBA) published today the results of its assessment of the applicability and suitability of EU law to crypto-assets. Typically, crypto-asset activities do not constitute regulated services...
Green finance trends 2019
Published the 27.12.2018
The post-COP24 landscape One of the key outcomes of the COP24 summit is the agreement on a set of rules to implement Paris Agreement promises. This includes how governments will...
Artificial Intelligence: opportunities, risks and recommendations for the financial sector
Published the 27.12.2018
Today, Artificial Intelligence (“AI”) is one of the most promising technologies, and different kinds of practical applications, especially in the financial sector, are emerging. This topic attracts a lot of...
The ABBL invites its Members to embrace Artificial Intelligence
Published the 21.12.2018
Artificial Intelligence (AI), being in simple words a simulation of human intelligence processes by machines (such as computers or networks), is not science fiction anymore and has become a reality....
