IRELAND: Ireland fails to implement three EU directives

Ireland has failed to implement three EU directives, prompting the European Commission to issue it with a letter of formal notice.

It has not implemented on the VAT fraud directive, the Emissions Trading System Directive nor the Common Charger Directive.

There are 26 member states which have not yet notified full transposition measures for 11 EU directives in the fields of justice, internal market and SMEs, taxation and customs, health, climate, home affairs, and financial services.

Member states concerned now have two months to reply to the letters of formal notice and complete their transposition, or the Commission may decide to issue an opinion.

1 March 2024

ASIA: Asia hedge fund launches drop to lowest number in 14 years as China interest wanes

Only 62 new hedge funds launched in Asia last year, the lowest number since 2009 and just 15 were China-focused funds, data provider Preqin said. But Japan-focused funds more than doubled to 19. WHY

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31 May 2024

NETHERLANDS: Dutch coalition unveils new era: Green economy, stricter EU policies

Four right-center parties that reached an agreement to form the government of the Netherlands have presented a joint program. The coalition agreement heralds a change in political direction, writes

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22 November 2024

US: Bitcoin nears $100,000 as investors bet on crypto-friendly Trump policies

Bitcoin is nearing the $100,000 mark as crypto enthusiasts bet that United States President-elect Donald Trump will usher in a more welcoming regulatory environment for digital assets. The world’s

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19 April 2024

SINGAPORE: Monetary Authority of Singapore Commits S$35million to Sustainable Finance Upskilling Initiatives

The Monetary Authority of Singapore (MAS) has committed S$35million to upskill and reskill specialists in sustainable finance and has joined forces with the Institute of Banking and Finance (IBF), supported

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