 | | Commission announces a series of virtual events in the framework of COP27 | | The European Commission is announcing a series of virtual events in the framework of the UN Climate Change Conference (COP27), which is taking place between 7-18 November in Sharm el-Sheikh, Egypt. Commissioner McGuinness will give an introductory speech at the International Platform on Sustainable Finance (IPSF) Annual Event, on “Finance Day” (Wednesday 9 November), showcasing IPSF members and observers’ efforts to coordinate and support the transition to net-zero. The same day, other events organised by the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) will focus on recent developments in the area of environmental, social, and governance (ESG) disclosures, initiatives to improve the management and stress testing of climate-related financial risks in the financial sector, and taxonomies. Click on the link below to have a look at the programme, register and follow the sessions online. |
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| Consumer finance: Commission proposes to accelerate the rollout of instant payments in euro | The Commission has today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries. The proposal aims to ensure that instant payments in euro are affordable, secure, and processed without hindrance across the EU. It will make life easier for EU citizens, improve cash flow for businesses and bring savings for retailers. | |
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