Search Results for: EU Commission
ESMA to cooperate with non-EU Regulators on CCPs
March 21st, 2017
The European Securities and Markets Authority (ESMA) has established five Memoranda of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR). The MoUs establish cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and ...
Deutsche Börse launches Scale All Share Index
March 14th, 2017
Deutsche Börse has added the Scale All Share Index to its index offering. The index tracks the performance of the recently launched Scale segment. As an All-Share index, the Scale index describes the overall performance of all companies listed ...
Energy Exchange in Europe set to acquire US-based futures exchange
March 6th, 2017
The European Energy Exchange (EEX) and the owners of US-based Nodal Exchange Holdings, LLC have reached an agreement under which EEX will acquire 100% of the equity in Nodal Exchange for a low triple digit million US-Dollar investment. As ...
Brexit: The rights of Europeans living in the UK
March 6th, 2017
Ever since the Brexit referendum EU citizens in the UK and UK nationals living in other EU countries face uncertainty about their ability to stay where they are. The British government has so far refused to guarantee the rights ...
How digital is your country? The performance of the European countries
March 6th, 2017
The 2017 Digital Economy and Society Index (DESI) shows that the EU is making progress but the gap between top digital players and lower-performing countries is still too wide. More efforts and investments are needed to make the most ...
Key elements of the European Union budget for 2018
February 23rd, 2017
Introduction The Council considers that the budget for 2018 should provide adequate resources to continue supporting the traditional and evolving priorities within the Union, namely the recovery of the European economy, to address humanitarian and security challenges both within ...
EU Council to close down hybrid mismatches between EU an non-EU countries tax systems
February 23rd, 2017
On 21 February 2017, the Council agreed its position on rules aimed at closing down ‘hybrid mismatches’ with the tax systems of third countries. The draft directive is the latest of a number of measures designed to prevent tax avoidance by large companies. ...
DFSA Signs MoU with European Securities and Markets Authority
February 23rd, 2017
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure ...
ESAS warn on Money Laundering and Terrorist Financing risks affecting the EU financial sector
February 22nd, 2017
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published a Joint Opinion addressed to the European Commission on the risks of money laundering (ML) and terrorist financing (TF) affecting the European Union’s financial sector. This Opinion ...
Greece says ‘not a euro more’ from its austerity-impoverished population
February 17th, 2017
European Union officials are urging Greece and its creditors to strike a financial aid deal for the country quickly to safeguard economic recovery. However, Athens has refused a demand from its creditors for more austerity measures. The Greek government ...
