Iceland

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Latest EU Law News

Amendments to the treatment of securitisation exposures under the Liquidity Coverage Ratio Delegated Regulation

The European Commission has published a consultation on a draft Commission Delegated Regulation setting out amendments to Commission Delegated Regulation (EU) 2015/61 (the LCR Delegated Regulation) on liquidity coverage requirements for credit institutions. The consultation is open for feedback for four weeks until 15 July 2025.

EIOPA reveals findings from first EU mystery shopping exercise on insurance investment products

The European Insurance and Occupational Pensions Authority (EIOPA) has published results from its first EU-coordinated mystery shopping exercise examining insurance-based investment products (IBIPs) sales processes across eight EU member states. The exercise, conducted between January–November 2024, involved 454 visits by trained shoppers to insurers, banks, agents, brokers and post offices.

2025 UN Ocean Conference round-up—9–13 June 2025

The 2025 UN Conference to Support the Implementation of Sustainable Development Goal 14 (SDG 14): Conserve and sustainably use the oceans, seas and marine resources for sustainable development (UNOC3) was co-hosted by France and Costa Rica and held in Nice, France, from 9 to 13 June 2025. UNOC3 aimed to accelerate progress towards SDG 14 and explore additional strategies to support its implementation. It brought together a wide range of stakeholders to assess the challenges, opportunities, and progress made in achieving SDG 14. UNOC3 builds on previous UN Ocean Conferences, most recently co-hosted by Portugal and Kenya in Lisbon in 2022. In addition to our round-up of the conference, Helen Mitcheson, Director at CET law, and Kirsty Schneeberger, CEO of Athena Blue, discuss key events from UNOC3.

MDCG issues guidance on regulatory responsibilities for online platforms hosting medical device software apps

The Medical Device Coordination Group (MDCG) has published guidance clarifying the regulatory responsibilities of app platform providers facilitating the availability of medical device software (MDSW) apps on the EU market. Chaired by a European Commission representative and composed of Member State delegates, the MDCG set out obligations under Regulation (EU) 2017/745 (MDR), Regulation (EU) 2017/746 (IVDR), and Regulation (EU) 2022/2065 (EU Digital Services Act, EU DSA). The guidance distinguishes between platform providers acting as intermediary service providers and those qualifying as distributors or importers.

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