The most important innovation of 2023 is the introduction of the new European SFDR regulation. Its goal is to classify financial assets and transactions in terms of sustainability. This will add transparency to transactions and protect investors.
No less important will be the first steps to regulate the cryptocurrency market. The Mica regulation will track the movements of the crypto and store information about its sources and beneficiaries. This rule does not apply to exchanges between individuals.
The third regulation is Dora. This one is already aimed at maintaining operational sustainability. In other words, it will have to support the resilience and cybersecurity of financial institutions across Europe.