On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.
The European Commission has fined 8 international financial institutions a total of € 1,712,468,000 for participating in illegal cartels in markets for financial derivatives covering the European Economic Area (EEA).
The European Commission has today proposed new rules on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure.
The European Union says it has received written assurances from the US government that NSA spies did not tap into financial messaging data transmitted over the interbank Swift network.
The European Parliament has hammered out a preliminary deal with EU member states on how to regulate high-frequency trading.
The European Commission is pondering the creation of a continent-wide framework for the fast growing crowdfunding market.
The European Commission has given the go-ahead to plans by CaixaBank, Santander and Telefónica to set up a joint venture offering digital services, including a mobile wallet.
The European Commission has publicly confirmed plans for a new Directive on payment services across the EU, and proposals to cap interchange fees for domestic card-based transactions.
The European Commission is preparing to put a 0.2% cap on all credit and debit card transaction processing fees, according to the Financial Times.
European Commissioner Michel Barnier and United States Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler today announced a Path Forward regarding their joint understandings on a package of measures for how to approach cross-border derivatives.
© Finextra Research 2013