EC Reviews Impact of Web Accessibility Directive, Sets Out Learnings
The European Commission (EC) published the review of the application of the Web Accessibility Directive. The study evaluated effects of the implementation of Web Accessibility Directive. The aim was to assess the extent to which the Directive and its implementing decisions have achieved its objectives, conclude on the effects of the Directive, and identify key lessons learned to draw recommendations for future policy developments.
The analysis shows that the Directive has improved access to public sector websites and mobile apps in the last three years, though people with disabilities are still experiencing difficulties. It suggests that cross-border provision of accessibility tools is available and can be expected to increase. Despite all member states having set up a formal enforcement procedure and nominating a designated enforcement body, the use of the enforcement procedure has not yet reached its full potential. The review of technological advances showed that automated or efficient and easy-to implement means through artificial intelligence and machine learning is increasingly used in tools relevant for digital accessibility, helping to make accessibility easier for some types of content currently excluded from the scope of the Directive.
The study identifies the following key learnings and recommendations, which could be considered in view of future policy initiatives related to web accessibility:
Related Links
Keywords: Europe, EU, Banking, Regtech, Diversity and Inclusion, Digital Accessibility, Web Acessibility Directive, EC
Related Articles
BIS and Central Banks Experiment with GenAI to Assess Climate Risks
A recent report from the Bank for International Settlements (BIS) Innovation Hub details Project Gaia, a collaboration between the BIS Innovation Hub Eurosystem Center and certain central banks in Europe
Nearly 25% G-SIBs Commit to Adopting TNFD Nature-Related Disclosures
Nature-related risks are increasing in severity and frequency, affecting businesses, capital providers, financial systems, and economies.
Singapore to Mandate Climate Disclosures from FY2025
Singapore recently took a significant step toward turning climate ambition into action, with the introduction of mandatory climate-related disclosures for listed and large non-listed companies
SEC Finalizes Climate-Related Disclosures Rule
The U.S. Securities and Exchange Commission (SEC) has finalized the long-awaited rule that mandates climate-related disclosures for domestic and foreign publicly listed companies in the U.S.
EBA Proposes Standards Related to Standardized Credit Risk Approach
The European Banking Authority (EBA) has been taking significant steps toward implementing the Basel III framework and strengthening the regulatory framework for credit institutions in the EU
US Regulators Release Stress Test Scenarios for Banks
The U.S. regulators recently released baseline and severely adverse scenarios, along with other details, for stress testing the banks in 2024. The relevant U.S. banking regulators are the Federal Reserve Bank (FED), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC).
Asian Governments Aim for Interoperability in AI Governance Frameworks
The regulatory landscape for artificial intelligence (AI), including the generative kind, is evolving rapidly, with governments and regulators aiming to address the challenges and opportunities presented by this transformative technology.
EBA Proposes Operational Risk Standards Under Final Basel III Package
The European Union (EU) has been working on the final elements of Basel III standards, with endorsement of the Banking Package and the publication of the European Banking Authority (EBA) roadmap on Basel III implementation in December 2023.
EFRAG Proposes XBRL Taxonomy and Standard for Listed SMEs Under ESRS
The European Financial Reporting Advisory Group (EFRAG), which plays a crucial role in shaping corporate reporting standards in European Union (EU), is seeking comments, until May 21, 2024, on the Exposure Draft ESRS for listed SMEs.
ECB to Expand Climate Change Work in 2024-2025
Banking regulators worldwide are increasingly focusing on addressing, monitoring, and supervising the institutions' exposure to climate and environmental risks.