Establishment of European Business Wallets
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With the European Parliament, which is preparing its first-reading position.
Last active 09 Jun 2026
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What this bill does
In plain terms: what it changes and who it affects.
The proposal creates EU-wide digital business wallets for trusted company identification, signing, document exchange and official notifications across borders.
Who it affects
It affects businesses of all sizes, including SMEs, sole traders and self-employed people, and public authorities that interact with them. It also affects wallet providers and trust-service providers.
Core of the proposal
- Gives wallet actions the same legal effect as paper, in-person or other lawful processes.
- Requires wallets to support verified attributes, signatures, seals, timestamps, secure delivery, mandates and transaction logs.
- Creates a European Digital Directory and unique identifiers for wallet owners.
- Requires public sector bodies to accept wallets for relevant administrative and reporting procedures.
Key provisions
- Transitional law
- Public sector bodies may use compliant alternative secure communication solutions until 36 months after entry into force.
Articles changed · 1 across 1 law
- Regulation (EU) No 910/2014 (32014R0910)
- art. 5a: amends Article 5a: replaces paragraphs 1 and 15, and paragraph 5(f) and 9(c)
Latest update
15 Jun 2026The most recent development in this bill's progress.
1st reading – European Parliament → 1st reading – European Parliament
1st reading – European Parliament → 1st reading – European Parliament
Documents
1 recentSourcesOEILEUR-LexEU Law Tracker