The Enforcement Report for 2023 released by the European Securities and Markets Authority provides an overview of their activities and of national enforcers within the European Economic Area. The report covers the 1st Jan – 31st Dec 2023 when examining compliance and auditing of financial and non-financial information provided by issuers. It also presents the main activities contributing to supervisory convergence performed at European level.

The FIAU organised a series of information sessions on the new EU AML Legislative Package, during which subject persons were provided with insights into the impacts of the proposed changes to these legislations.

Spearheaded by the Merchant Shipping Directorate, the Small Commercial Yacht Code (sCYC) 2024 came into force on 1st April 2024. As a result of this directorate, any commercial yacht measuring less than 24 metres in length will no longer adhere to the standard Commercial Yacht Code (CYC).