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🚀 EU Plans to Enhance Central Oversight of Financial Market Infrastructure

According to Odaily, the European Commission is formulating plans to expand central oversight of key financial market infrastructures, including stock exchanges and crypto asset service providers. The initiative aims to extend the powers of the European Securities and Markets Authority (ESMA) to cover the most significant cross-border entities. This move is part of the EU's 'Capital Markets Union' initiative, which seeks to eliminate regulatory fragmentation and boost the EU's competitiveness. The related proposals are expected to be presented in December as part of the 'Market Integration Package.'

#EU #financialmarketinfrastructure #ESMA #cryptoservices #capitalmarketsunion #regulatoryfragmentation #marketintegration #EUcompetitiveness #stockexchanges #crossborderentities
🚀 EU Commission President Urges Europe to Move Beyond Old World Order

European Union Commission President Ursula von der Leyen has emphasized the need for Europe to transition away from its role as a guardian of the old world order. According to Jin10, von der Leyen highlighted the importance of adapting to new global dynamics and challenges. She stressed that Europe must embrace change and innovation to remain competitive and relevant on the international stage. Von der Leyen's remarks come amid ongoing discussions about the EU's strategic direction and its position in global geopolitics. Her call for transformation reflects a broader sentiment within the EU to redefine its role in a rapidly evolving world.

#EUKommission #UrsulaVonDerLeyen #Europa #GlobalDynamics #Innovation #Geopolitics #EUTransformation #NewWorldOrder #EUCompetitiveness #StrategicDirection