Search Results for: European Commission
1 in 6 EU businesses sold on the web in 2016
December 15th, 2017
Last year, 16% of enterprises located in the European Union (EU) and employing at least 10 persons had received orders via a website or via apps. Web sales include both sales to individual consumers and to other enterprises.The share ...
U.S Regulator Approves Exemption From SEF Registration for MTFs and OTFs Authorized Within the EU
December 11th, 2017
The Commodity Futures Trading Commission (CFTC) announced the issuance of an order exempting certain multilateral trading facilities (MTFs) and organised trading facilities (OTFs) authorized within the European Union (EU) from the requirement to register with the CFTC as swap ...
Australian Dollar Jumped, Euro Was Steady; Key Financial Events In The Coming Days
December 5th, 2017
The Australian dollar jumped on stronger-than-expected retail sales data and comments on inflation from the central bank. Stocks in Asia traded mixed as investors assessed gains spurred by the passage of the U.S. tax cuts in the Senate that ...
Key financial events coming this week
November 6th, 2017
The yen tumbled to the weakest since March after Bank of Japan Governor Haruhiko Kuroda said it’s crucial for inflation to exceed the 2 percent target. Asian stocks slipped after China’s central bank chief warned again about excessive leverage ...
Fragmenting Countries, Part 1: Catalonia Is Just The Beginning
October 31st, 2017
Picture a life where you do most of your shopping through Amazon.com and the local farmers’ market, most of your communicating through Facebook and Instagram, much of your travel via Uber, and much of your saving and transacting with ...
EU ordered Luxembourg to collect around €250 million from Amazon
October 5th, 2017
The European Commission has issued a press release to inform on its conclusion that Luxembourg granted undue tax benefits to Amazon of around €250 million. According the press release, Commission finds Luxembourg gave illegal tax benefits to Amazon worth ...
EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action
October 4th, 2017
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, highlighting the need for further reforms to tackle avoidance, error, ...
ESMA finalises MiFID II’s Derivatives Tradings Obligation
October 2nd, 2017
The European Securities and Markets Authority (ESMA) has issued its final draft Regulatory Technical Standard (RTS) implementing the trading obligation for derivatives under the Markets in Financial Instruments Regulation (MiFIR). ESMA’s draft RTS provides the implementing details for on-venue ...
Groups from EU member states to sue Volkswagen
September 14th, 2017
Consumer organisations from four European countries are working together to demand compensation for people whose diesel cars, made by Volkswagen Group (VW), are equipped with an emissions cheating code in the software. The groups – from EU member states ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
