Policy

Trade policies, regulations, and government decisions

EU digital identity wallet approaches 2026 deadline as uneven rollout tests the single market

EU digital identity wallet approaches 2026 deadline as uneven rollout tests the single market

Every European Union member state must make at least one government-recognised digital identity wallet available by the end of 2026. Banks, financial services, utilities, telecommunications companies and other regulated providers will subsequently face acceptance obligations, but differences in national readiness, unfinished certification work and privacy concerns point towards a gradual rather than simultaneous European launch.

EUBizNews EditorialEUBizNews Editorial
Switzerland moves to tighten bank bonus rules as post-Credit Suisse reform gathers pace

Switzerland moves to tighten bank bonus rules as post-Credit Suisse reform gathers pace

The Swiss government has launched a public consultation on a new regulatory package that would force banks to link variable remuneration more closely to sustainable long-term performance. The reform would give FINMA stronger enforcement powers and impose tougher requirements on systemically important institutions such as UBS, as Bern continues to overhaul financial supervision following the collapse of Credit Suisse.

EUBizNews EditorialEUBizNews Editorial
European Innovation Council Selects New Scale-Ups for Strategic STEP Investment Programme

European Innovation Council Selects New Scale-Ups for Strategic STEP Investment Programme

The European Innovation Council (EIC) has selected a new group of high-growth European technology companies to receive funding under its Strategic Technologies for Europe Platform (STEP) Scale Up initiative. The programme is designed to strengthen Europe's technological sovereignty by supporting innovative businesses developing critical technologies with the potential to compete globally.

EUBizNews EditorialEUBizNews Editorial
EU Moves to Strengthen Banking Competitiveness by Removing Cross-Border Barriers

EU Moves to Strengthen Banking Competitiveness by Removing Cross-Border Barriers

The European Union is preparing a broad package of reforms aimed at making its banking sector more competitive by reducing regulatory fragmentation, encouraging cross-border consolidation and improving the efficiency of capital allocation across the bloc. The initiative is designed to help European lenders better compete with global rivals while supporting investment and economic growth.

EUBizNews EditorialEUBizNews Editorial
Spain Nominates Pablo Hernández de Cos for Historic Bid to Lead the European Central Bank

Spain Nominates Pablo Hernández de Cos for Historic Bid to Lead the European Central Bank

Spain has formally nominated Pablo Hernández de Cos, former governor of the Bank of Spain and current General Manager of the Bank for International Settlements (BIS), to become the next President of the European Central Bank (ECB). The move marks Madrid's first attempt to secure the institution's top position and reflects the country's ambition to strengthen its influence over eurozone monetary policy.

EUBizNews EditorialEUBizNews Editorial
EU-Mexico Trade Pact Set to Deepen Investment, Market Access and Business Cooperation

EU-Mexico Trade Pact Set to Deepen Investment, Market Access and Business Cooperation

The modernized trade agreement between the European Union and Mexico is expected to significantly strengthen economic ties by reducing tariffs, expanding access to public procurement markets and enhancing the protection of geographical indications (GIs). The updated framework is designed to boost bilateral trade, encourage investment and create new opportunities for businesses on both sides of the Atlantic.

EUBizNews EditorialEUBizNews Editorial