The 14th Sanctions Package, published by the EU Council on 24 June 2024, underscores the need for vigilance regarding sanctions, especially those linked to the Russian war in Ukraine. The Package introduces restrictions on Russian LNG projects, bans on importing Russian LNG and helium, and sanctions on Russian banks...
The Instant Payments Regulation (IPR/the Regulation) requires all payment service providers (PSPs) to send and receive euro payments within seconds, on a 24/7 basis, across the EU. The key dates include 9 January 2025 with respect to receiving instant payments, and 9 October 2025 for sending the same and implementing...
AI and machine learning enhance transaction monitoring by improving efficiency and detecting overlooked financial crime patterns. However, challenges include explainability, bias, and "AI hallucinations," where models produce unreliable outputs. Organisations must regularly test AI models, ensure transparency, and...
Money laundering and financing of terrorism (ML/FT) pose a serious threat to the integrity of the EU economy and financial system and to the security of its citizens. The current Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regime at EU level takes the form of a directive which requires...
The latest PwC research highlights a widening gap between climate commitments and delivery. While more companies are setting net-zero targets and expanding low-carbon investments, most are not on track to meet short-term emissions goals, particularly for Scope 3. Key challenges include incomplete planning, delayed...
The first CSRD reports reveal that companies are still adapting to new sustainability disclosure requirements. Key steps include early alignment with CSRD standards, setting up structured double materiality assessments, and expanding disclosures beyond mandatory topics, where relevant. Climate Change remains a...
As operations grow, reaching net zero requires clear plans, coordination, and ongoing effort. Key actions include setting an emissions baseline, transitioning to renewable energy, using smart technologies, and involving both leadership and employees. Managing Scope 1, 2, and 3 emissions, especially from travel and...
CFOs are central to integrating sustainability into corporate strategy, ensuring compliance, and leveraging financial and operational benefits within ESG projects. Key responsibilities include embedding sustainability into decision-making, engaging stakeholders, optimising tax incentives, and maintaining rigorous...
The European Union Agency for Cyber security (ENISA) has released its first-ever NIS360 report, which evaluates the maturity and criticality of key sectors under the NIS2 Directive. This Directive aims to enhance cyber security risk management across essential and important entities in the EU. The NIS360 report...
AI is reshaping the global workforce by enhancing human capabilities, not replacing them. The 2025 AI Jobs Barometer reveals that industries embracing AI have seen a threefold increase in revenue per employee and a near quadrupling of productivity since 2022. Roles exposed to AI are evolving rapidly, with required...
In the competitive business landscape, delivering exceptional customer experiences is crucial. PwC highlights the transformative power of Customer Relationship Management (CRM) technology in achieving this goal. CRM systems, which include modules for sales, customer insights, service, marketing, and field service,...
In today's digital landscape, safeguarding information systems is crucial. Key components of a robust cybersecurity strategy include device management, patch management, and vulnerability assessment. These practices protect systems and ensure compliance with regulations. Patch management addresses security...
