Newsletter November
Commission adopts technical standards for cross-border European Digital Identity Wallets
The European Commission has adopted implementing regulations under the European Digital Identity Framework to standardize the core functionalities and certification of the European Digital Identity (eID) Wallets. These regulations define uniform standards and specifications for technical functionalities like data formats and security measures, ensuring interoperability and privacy protection across the EU. Member States are expected to develop their own eID wallets by the end of 2026. The wallets will allow users to control their data and how it’s shared, with features like a privacy dashboard for transparency. These digital wallets aim to facilitate secure and easy access to various services across borders, including banking, healthcare, and transportation. The regulations will be effective 20 days after publication in the Official Journal.
You can read more about it here.
Taxation: Council agrees on VAT in the digital age package
The Council has finalized negotiations on the «VAT in the digital age» package to modernize the EU’s VAT rules for the digital economy. This includes digital VAT reporting by 2030, a «deemed supplier» model making digital platforms responsible for VAT collection, and expanding the one-stop shop system for easier VAT management across EU borders. These reforms aim to enhance tax compliance, reduce fraud, and simplify processes for businesses, particularly in cross-border transactions. The package now awaits unanimous Council approval and further consultation with the European Parliament.
You can read more about it here.
Artificial intelligence (AI): Council approves conclusions to strengthen EU’s ambitions
The Council has approved conclusions on a report by the European Court of Auditors aimed at advancing the EU’s AI strategy by increasing investments, enhancing digital infrastructure access, and fostering an ecosystem of excellence and trust in AI. The Council emphasized the need for addressing the environmental impact of AI systems, improving energy efficiency, and ensuring a reliable hardware supply chain. It also advocated for stronger collaborations with member states and international organizations to maximize investment impacts and maintain EU’s leadership in AI development and governance. Additionally, the Council concurred with the necessity for measurable performance targets for AI projects, stressing that these should not impose undue burdens. This follows the ECA’s report highlighting the need for more effective governance and targeted investment to bolster EU’s AI ambitions.
You can read more about it here.
Comentarios recientes