Why Boards Must Govern for Uncertainty, Not Stability Most board agendas still follow a reassuringly familiar structure: strategy, financial performance, compliance, cyber, ESG, AI. Each topic is reviewed, tracked, and reported — often thoroughly. In 2026, that structure itself becomes the risk . According to Top Risks 2026 by Eurasia Group , this is not simply another year of geopolitical volatility. It is a systemic tipping point — one in which political power, economic

What Boards of Payment and Electronic Money Institutions must understand as payments consolidate across Europe. As payment systems become shared and pan-European, Board accountability becomes collective and unavoidable. Payment consolidation has entered a new phase 2026 marks a pivotal year for payments in Luxembourg. With the arrival of Wero , powered by the European Payments Initiative (EPI) , Luxembourg’s retail banks are transitioning toward a pan-European account-to-acco

What Boards of Payment and Electronic Money Institutions must rethink ahead of 30 June 2026. Governance expectations for payment fintechs are increasingly shaped at Board level. Governance in the payments sector has entered a new phase On 20 January 2026 , the Commission de Surveillance du Secteur Financier (CSSF) published Circular CSSF 26/906 , establishing a consolidated framework on central administration, internal governance and risk management applicable to Payment Ins