ViDA Package: first measures in force from 14 April 2025

The ViDA Package is a set of European Union legislative measures that aims to improve transparency and sustainability in the investment sector. From 14 April 2025, several provisions of the package will enter into force, including:

• Stricter transparency rules: Financial institutions will have to provide more detailed information on investment products, in particular on the risks and costs associated with them.
• Sustainability: Rules will be introduced requiring investors to consider environmental, social and governance (ESG) factors in their investment decisions.
• Investor protection: The package includes measures to ensure greater investor protection, including stricter disclosure requirements and dispute resolution mechanisms.
• Reporting standards: Common standards for reporting financial and non-financial information will be established, making it easier to compare different products and services.

The VAT in the Digital Age Package consists of:

• a proposal for a Council Directive amending Directive 2006/112/EC with regard to VAT rules for the digital age;
• a proposal for a Council regulation amending Regulation (EU) No 904/2010 as regards administrative cooperation arrangements necessary for...