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The Specific International Programme (SIP) Governing Board of the #MinamataConvention met on 15-16 April to consider: ✔️ the implementation status of SIP projects ✔️ #MinamataCOP5 decision on the financial mechanism review ✔️ #UNEA6 resolution on #ChemicalsAndWaste sound management ✔️ launching the Fourth Round of applications to the SIP. #MakeMercuryHistory

Overview of CSAM projects financed by the European Union:

Understanding the best value acquisition approach typically means choosing between two methods: lowest-price technically acceptable (LPTA) and tradeoff. LPTA focuses on cost savings by evaluating non-price factors as acceptable or unacceptable. The tradeoff method, however, allows for selecting a higher-priced offer if it provides superior quality, often involving subjective judgment and scrutiny. If choosing the tradeoff method, be prepared to answer the following questions: 🔹Where does the proposal exceed the standard? 🔹How will the government benefit? 🔹Why is the benefit worth the extra cost? 🔹How does the comparative analysis support the decision? For more insights, explore our Beyond the Basics publication:  https://lnkd.in/gZVQAAjV #govcon #federalcontracting #governmentacquisition | Unison

BBGI Global Infrastructure SA's interim results demonstrate how, with strong operational and financial performance and interest rates stabilising, BBGI offers an attractive prospective real return. Read our full analysis here: https://lnkd.in/dG9m6TWt Capital at risk.

All #financial intitutions in EU🫡 #DORA is right the corner and will be applicable from 17 of January 2025. Better to be prepared. According to the #DORA all financial intitutions, who are in the scope of the #regulation, should have a comprehensive register of their contractual arrangements with #ICT third-party service providers available to monitor and manage their #ICT risks. European Banking Authority (EBA) gave a presentation and published the information last week regarding the dry run data collection and preparation for the #DORA. #EBA will launch the voluntary exercise for the collection of the registers of information of contractual arrangements on the use of ICT third-party service providers by the financial entities in May. Stay updated, interesting time is coming. 🧠 #ictrisk #dora #eba #regulation #eu #ict #financialinstitution #finance More information here:

Even though the last week in the regulation has been a bit more quiet, we recommend taking a look at the publication from the European Supervisory Authorities (ESAs), who have raised concerns about the European Commission’s recent rejection of the proposed technical standards for information registers of financial entities and their ICT service providers, as outlined in the DORA regulation. #GtQuantRisk 💡 What’s the point of contention? The debate centers around the ESAs' proposal to use the Legal Entity Identifier (LEI) as the sole standard for identifying ICT third-party service providers. The Commission has suggested offering a choice between the LEI and the European Unique Identifier (EUID). The ESAs argue that this would increase costs and complexities for both financial entities and regulators. 💡 The ESAs advocate for simplicity and efficiency, emphasizing that the use of the LEI improves data quality, facilitates risk monitoring, and ensures consistency with global regulatory frameworks. They caution that the coexistence of two identifiers would complicate risk oversight and impose unnecessary operational burdens. In summary, the ESAs call for swift adoption of these technical standards, prioritizing robustness and efficiency in implementing DORA for the benefit of the financial sector’s resilience. 🔗Full Publicaiton: https://lnkd.in/e7UKiKnh #GTQuantRisk #FinancialRegulation #Finance #DigitalResilience #DORA #ICT #LEI #ESAs

The EU's data dependencies on imports from SA and financial services may impact non-compliant SA counterparts, highlighting the significance of meeting regulatory requirements. DORA serves as a benchmark for legislative progression in developed nations, underscoring the risks of falling behind, with similar exposures emerging in Carbon Parity import duties. Read more on the Digital Operations Resilience Act here: https://lnkd.in/dTTqeDtD #EURegulations #DataDependencies #RiskManagement #DORA

🌍 The transitional phase of the Carbon Border Adjustment Mechanism (CBAM) is in full swing, and companies need to stay up to date of the growing requirements. When CBAM reporting began, it was designed to be implemented gradually to allow companies time to adapt. Until Q2 2024, embedded emissions could be calculated using the default values provided by the EU. 📢 However, starting from Q3 2024, companies are required to use primary data from suppliers to calculate the embedded emissions of imports. For simple goods, 100% primary data is mandated, while for complex goods, 80% is required. This requires that companies contact their suppliers for real data, a task that can be challenging as suppliers may lack experience in carbon calculation or may not see the immediate necessity. To streamline the collection of primary data, it is important to establish structured and trusted communication with suppliers. Using a software tool can significantly improve this process by ensuring all communication and documentation are managed in one place. 💡 SupplyOn's CBAM Reporting Manager offers this and much more: ✅ Easy upload of CBAM goods ✅ Efficient request management ✅ Automatic documentation ✅ XML report creation ... Contact us today to book a personal demo and discover how SupplyOn's CBAM Reporting Manager can help you stay compliant with CBAM 👉 https://lnkd.in/d_i84Ted #cbam #primarydata #supplyonesg #transitionalphase

👋Any time series or text mining nerds out there? I've got some new data for you! The National Monitoring System (NMS) is an annually published dataset contains information on council performance under the Resource Management Act. You will find cost, date, type and a great amount of free text info related to resource consenting, plan making and budgeting. We have updated the consolidated data on various NMS topics on the MfE Data Service, dated from 2014/15 to 2022/23: https://lnkd.in/geBBE9hy ✨What applications can you think of for the NMS data? #newzealanddata #rma #resourcemanagement

The 39th Edition of the Aurexia Luxembourg RegWatch is now available.  Find out more on the latest news on ESAP : The European Single Access Point project entered into force the 9th of January 2024; ESA’s Final Report amending SFDR RTS ; First set of rules under DORA for ICT and third-party risk management and incident classification; The ICT-related incident reporting framework (Circular CSSF 24/847); Updated ELTIF application form and CSRD – Refit with a summary of the main amendments. Discover our Regtech Corner with the presentation of SWEEP a French regtech with the mission is that makes it easy to understand, manage, and report carbon emissions and ESG metrics, whatever your industry or geography, however big your data sets and to make real-time business decisions. To get the full version of the Luxembourg RegWatch, please subscribe by sending an email to regulatory.watch@aurexia.com and specify “Luxembourg” as the regional publication you wish to subscribe to. 🇱🇺   #Aurexia #ESA #compliance #DORA #CSRD #RegTech #SWEEP