Search Results for: EU commission
European Supervisory Authorities publish Q&A on the Key Information Document (KID)
July 5th, 2017
The Joint Committee, European Supervisory Authorities (ESAs), a forum with the objective of strengthening cooperation between the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) has issued ...
The New EU Rules for Anti-Money Laundering and Tax Avoidance Enter Into Force
June 28th, 2017
Strengthened EU rules to tackle money laundering, tax avoidance and terrorism financing enter into force The Juncker Commission has made the fight against tax avoidance, money laundering and terrorism financing one of its priorities. On June 26,2017 the Fourth ...
EU fines Google €2.42 billion for manipulating search engine results
June 27th, 2017
Antitrust: Commission fines Google €2.42 billion for abusing dominance as search engine by giving illegal advantage to own comparison shopping service The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market ...
CySec announced more than 1 Million euro in total fines to Members of the Board of Directors of Cyprus Popular Bank
June 22nd, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that it has investigated the compliance of: Cyprus Popular Bank Public Co Ltd, its Board of Director Members’ and its Group ...
Google faces big fine in first EU case against search practices
June 16th, 2017
Search giant is braced for a fine that could top €1bn with decision expected shortly Google is braced for a fine of potentially more than €1bn as Brussels prepares to announce the first of its trio of antitrust decisions ...
EU launches infringement procedures against three countries for refusing to take refugees
June 15th, 2017
The European Commission has today launched infringement procedures against the Czech Republic, Hungary and Poland for non-compliance with their obligations under the 2015 Council Decisions on relocation. Despite the Commission’s repeated calls for action, these three countries remain in ...
ESMA Responds To Commission Consultation On FinTec
June 7th, 2017
The European Securities and Markets Authority (ESMA) has sent today its response to the European Commission consultation paper on “Fintech: a more competitive and innovative financial sector”, welcoming the initiative to take a stock-take of the EU’s Fintech industry. ...
EU, Norway Initial VAT Cooperation Agreement
June 2nd, 2017
The European Commission has announced the initialling of an agreement with Norway on value-added tax (VAT), covering administrative cooperation, recovery assistance, and anti-fraud activity. Negotiations on the agreement were launched in June 2015. The Commission said that once the ...
Top European countries with visitors growth; Iceland, Cyprus, Portugal and more
May 18th, 2017
The European Travel Commission has released a report pointing that European Tourism looks set for solid growth in 2017. According the release, appetite for European Tourism remains strong, highlighting the continued attractiveness of its destinations. Europe welcomed 615 million ...
European Union to launch legal case against Italy over Fiat
May 18th, 2017
The European Union will launch legal action against Italy on Wednesday (17 May) for failing to police allegations of emissions-test cheating by Fiat Chrysler properly following the Volkswagen dieselgate scandal, EU sources said. EU officials have become increasingly frustrated ...
