Search Results for: European commission
European Parliament calls for robot law
February 17th, 2017
EU-wide rules are needed for the fast-evolving field of robotics, e.g. to enforce ethical standards or establish liability for accidents involving driverless cars, say MEPs in a resolution voted on Thursday. MEPs ask the EU Commission to propose rules ...
EU Commission to take legal action against U.S. plans for border tax
February 15th, 2017
The European Commission says it is prepared to take legal action against US plans to impose a border tax. “If somebody is behaving against our interests or against international rules in trade then we have our own mechanisms to ...
ESMA writes to EU Commission about MiFID II SIS Operating Broker Crossing Network
February 15th, 2017
The European Securities and Markets Authority (ESMA) has written to the European Commission to raise its concern over the potential establishment of networks of systematic internalisers (SIs) by investment firms to circumvent certain MIFID II obligations; in particular, the ...
CySec informs regulated Entities about Data collection exercise by the European Banking Authority
February 1st, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform regulated Entities regarding Data collection exercise by the European Banking Authority for the potential reform of prudential requirements applicable to MiFID investment firms including the extent ...
European bourses started the last trading day of 2016 slightly in the red
December 30th, 2016
European bourses started the last trading day of 2016 slightly in the red. The pan-European Euro Stoxx 600 was 0.06 percent lower with the major bourses trading in the red. The London Stock Exchange will close early Friday at 12:30 ...
European Council Endorses Exchange Of Beneficial Ownership Data
November 15th, 2016
The European Council has endorsed a proposal to grant tax authorities access to information held by authorities responsible for the prevention of money laundering. Where a financial account holder is an intermediary structure, financial institutions are required by EU ...
EU Commission proposes major Tax reform; A fair tax system through the EU Single Market
October 27th, 2016
The Commission has today announced plans to overhaul the way in which companies are taxed in the Single Market, delivering a growth-friendly and fair corporate tax system. Re‑calibrated as part of a broader package of corporate tax reforms, the ...
European Parliament Begins Panama Papers Inquiry
September 29th, 2016
The European Parliament has begun its inquiry into the Panama Papers with a hearing with the investigative journalists behind the leak. The European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance, and Tax Evasion (PANA) held its first ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
The European Court of Justice decides to say “no” to Cypriot claims of bail in
September 20th, 2016
The European Court of Justice has issued a press release to make public its decision that confirms the dismissal of the actions for annulment and dismisses on the merits the actions for compensation concerning the restructuring of the Cypriot banking sector. ...
