08 February 2016

Latest articles for European Commission

 

EU tightens money laundering controls

03 February 2016  |  5101 views  |  3 News

The European Commission is proposing a raft of measures - from closer monitoring of bitcoin and cash transactions to the creation of national payment account registers - as part of an action plan to strengthen the fight against terrorist financing.

 

EC focuses on monitoring, not regulating, virtual currencies

29 January 2016  |  4322 views  |  0 News

The European Commission is examining whether virtual currencies need to be regulated in the wake of last November's terrorist attacks in Paris, but is currently more focused on monitoring the likes of bitcoin than on rushing out new rules.

 

European Commission consults on cross-border financial services

10 December 2015  |  2393 views  |  0 Company announcement

Consumer financial services such as bank accounts, mortgages and insurance are an essential part of daily life. But many people find it hard to access these services across borders; and many businesses find it hard to provide them.

 

Europe agrees EU-wide legislation on cybersecurity

08 December 2015  |  2576 views  |  0 Company announcement

Negotiators of the European Parliament, the Council and the Commission have agreed on the first EU-wide legislation on cybersecurity.

 

Pressure builds to delay MiFID II reforms

10 November 2015  |  5733 views  |  0 News

Pressure is mounting on the European Commission to postpone the implementation of securities market reforms under MiFID II by a year, as banks and brokers struggle to adapt their IT systems to meet the 2017 timetable.

 

European Parliament rubberstamps Payment Services Directive

08 October 2015  |  16059 views  |  0 News

The European Parliament has formally adopted the revised Directive on Payment Services (PSD2), a set of sweeping new rules proposed by the European Commission to boost competition and innovation while improving consumer protections.

 

European Commission consults on plans to create a single market for capital

30 September 2015  |  1630 views  |  0 Company announcement

The European Commission is launching the Capital Markets Union Action Plan today to help build a true single market for capital across the 28 EU Member States.

 

Deutsche Bank scores EC payments services contract

21 September 2015  |  2402 views  |  0 Company announcement

Deutsche Bank has been selected among the banks which will provide payment services for the European Commission (EC) from 2015 for the maximum period of 5 years.

 

Europe passes rules mandating central clearing for OTC derivatives

06 August 2015  |  5289 views  |  0 News

The European Commission has finally green-lighted new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties.

 

EU watchdogs take aim at MasterCard

09 July 2015  |  6515 views  |  15 News

EU anti-trust regulators have issued a formal 'Statement of Objections' against MasterCard, accusing the card scheme of using its rules to artificially inflate fees and of over-charging retailers for purchases made by non-EU cardholders.

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