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Feed/COD2000/0014(COD)Other

Amendment: Information exchange with third countries (Directives 85/611, 92/49, 92/96, 93/22)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 313mo ago
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This procedure aims to update the rules for exchanging financial information between EU member states and third countries. It ensures that authorities can better share data to monitor banking activities and prevent financial irregularities across borders.

This change primarily affects financial institutions and regulatory authorities. It streamlines how credit and banking information is transmitted to non-EU partners to improve international financial oversight.