The European Banking Authority just proposed revised regulatory technical standards for reclassifying investment firms as credit institutions. Here's what it means for financial institutions.
1️⃣ IVASS — L’IVASS ORDINA l’OSCURAMENTO DI N. 4 SITI INTERNET ABUSIVI
The Italian watchdog ordered the immediate blackout of four unlicensed and fake web portals active illegally.
This enforcement action hits Italian consumers and any unlicensed online firms trying to sell life or non-life insurance products.
Local web hosts must now block these specific domains while the agency warns consumers to check credentials.
2️⃣ Forbrukertilsynet — Influenserselskaper får gebyr etter skjult reklame for egne merkevarer
The Norwegian Consumer Authority fined several influencer marketing agencies for failing to disclose sponsored content for their own brands.
This enforcement decision impacts social media influencers, agencies, and firms involved in covert ad campaigns.
Fined firms must pay the administrative penalties and correct their marketing disclosures to ensure full compliance.
3️⃣ Konkurransetilsynet — KLP må endre praksis for å sikre betre konkurranse om offentleg tenestepensjon
The Norwegian competition watchdog ordered pension provider KLP to modify its business practices to foster rivalry.
This regulatory order hits KLP, public sector pension providers, local municipalities, and civil servants across Norway.
The firm must implement these mandated operational changes while the watchdog monitors the market for progress.
4️⃣ KNF — Nałożenie kary pieniężnej na Marcina Halickiego
The Polish Financial Supervision Authority imposed a cash fine on Marcin Halicki for corporate governance failures.
This individual enforcement sanction directly hits the penalised manager and serves as a warning to listed firms.
The sanctioned manager must pay the administrative fine while other Polish firms are encouraged to review their governance protocols.
5️⃣ FSC — Системата „Бонус-Малус“ влиза в сила
The Bulgarian financial watchdog officially announced the launch of the new national Bonus-Malus system.
This pricing regulation impacts all car owners, drivers, and licensed insurance companies operating in Bulgaria.
All local insurers must now adopt the pricing rules to adjust premium rates based on individual driver history.
Full analysis in the attached RegNext Daily Europe Radar carousel.
— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Tuesday 25 Aug 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence
