On 12 April 2024, the Australian Securities and Investments Commission (ASIC) announced the initiation of civil proceedings against blockchain mining companies NGS Crypto Pty Ltd, NGS Digital Pty Ltd, and NGS Group Ltd, along with their sole directo…
On 28 March 2024, the Swedish Tax Agency (TA) issued a ruling clarifying the value-added tax (VAT) treatment of non-fungible tokens (NFTs) linked to digital works. The TA defined NFTs as unique blockchain records signifying ownership of specific ass…
On 28 March 2024, the Basel Committee on Banking Supervision closed its public consultation on the proposed amendments to the cryptoasset standard. The objective of this consultation is to refine the prudential treatment of banks' exposures to crypt…
On 12 March 2024, the Ministry of Digitalisation closed the public consultation on the Electronic Communications Act, which includes provisions on users' rights. The Act aims to strengthen the consumer's position in the relationship with the service…
On 4 March 2024, the three European Supervisory Authorities (EBA, EIOPA and ESMA) closed their consultation on the draft Regulatory Technical Standard (RTS) on the elements which a financial entity needs to determine and assess when subcontracting I…
On 4 March 2024, the three European Supervisory Authorities (EBA, EIOPA and ESMA) closed their consultation on the draft Joint Guidelines on the estimation of aggregated annual costs and losses caused by major ICT-related incidents. The guidelines a…
On 4 March 2024, the three European Supervisory Authorities (EBA, EIOPA and ESMA) closed their consultation on the draft Regulatory Technical Standard (RTS) on the harmonisation of conditions enabling the conduct of oversight activities of critical …
On 4 March 2024, the three European Supervisory Authorities (EBA, EIOPA and ESMA) closed their consultation on a draft joint technical standard on reporting major ICT-related incidents and notifying significant cyber threats under DORA. The standard…
On 4 March 2024, the three European Supervisory Authorities (EBA, EIOPA and ESMA) closed their consultation on the draft Joint draft guidelines on the oversight cooperation and information exchange between the European Supervisory Authorities (ESAs)…
On 4 March 2024, the three European Supervisory Authorities (EBA, EIOPA and ESMA) closed their consultation on a draft Regulatory Technical Standard (RTS) as mandated under DORA, to specify threat-led penetration testing (TLPT) methodology and crite…