The European Commission has opened an in-depth anti-trust investigation into the proposed EUR24 billion merger between Deutsche Bourse and the London Stock Exchange.
Fintech has the power to increase the role of capital markets, bringing them closer to companies and investors, says the European Commission.
The European Banking Authority (EBA) has called on the EC to postpone plans to bring virtual currency exchanges and wallet providers under the scope of a new Anti-Money Laundering Directive.
The European Commission has issued a call for tender, offering up to EUR350,000 for a study on the continent's fintech sector.
Virtual currency exchanges and wallet providers will come under the scope of the European Union's Anti-Money Laundering Directive as part of a push to tackle terrorist financing.
Questions and answers on cyber-security developments
Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced that it has been selected by the European Commission to provide fixed income pricing data and liquidity metrics for use in the Commission’s research and policymaking activities.
The EU Commission should set up a taskforce to monitor virtual currencies to prevent their being used to launder money or finance terrorism, said Parliament in a non-binding resolution voted on Thursday.
The European Commission today tabled a package of measures to allow consumers and companies to buy and sell products and services online more easily and confidently across the EU.
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules.
© Finextra Research 2016