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European Commission

Latest business news, analysis and developments related to European Commission, with a focus on Europe, Latin America and cross-Atlantic business.

28 articles

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.

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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.

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