Search Results for: European Commission
European recognition of FMA oversight of auditors
August 30th, 2016
The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. With this announcement, the Commission has concluded that the New Zealand ...
European stocks are expected to open lower on Tuesday
July 12th, 2016
Europe poised for weaker open as rally loses steam European stocks are expected to open lower on Tuesday as market turn mixed in Asia and European markets lose momentum. The London FTSE index is expected to open 10 points ...
European Council approves VAT rules on vouchers
July 5th, 2016
On 27 June 2016, the Council adopted a directive aimed at increasing legal certainty for transactions involving vouchers by harmonising national VAT rules in this area. The directive sets out to reduce the risk of mismatches in national tax rules leading to ...
European Shares Slide as Bayer Leads Chemicals Drop, Oil Falls
May 24th, 2016
Fiat drags carmakers lower on German report of cheating Greece’s ASE jumps most in western Europe on aid expectation European shares retreated as chemical companies and oil producers tumbled, while investors speculated on the potential timing of a Federal ...
New rules from the EU Commission would require nations to pay €250,000 for each asylum seeker they refuse
May 5th, 2016
EU Proposes Fines for Member Countries That Refuse to Take in Migrants New proposed asylum rules aim to ease burden of countries on front line of Europe’s migrant crisis The European Union’s executive body on Wednesday proposed controversial new ...
Presentation of the ECB Annual Report 2015 to the Committee on Economic and Monetary Affairs of the European Parliament
April 8th, 2016
Vítor Constâncio, Vice-President of the ECB presented the ECB’s 2015 Annual Report. Below is the presentation as it was published: Mr Chairman, Honourable Members of the Committee on Economic and Monetary Affairs, Ladies and gentlemen, I am honoured to ...
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security
April 7th, 2016
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security The European Commission has adopted today a Communication on Stronger and Smarter Information Systems for Borders and Security, setting out options ...
Commission launches consultation on Transparency Register, inviting stakeholder views on a future mandatory system for all EU institutions
March 2nd, 2016
The European Commission is launching a public consultation on the Transparency Register to gather stakeholder views on a future mandatory system for all EU institutions. On 1 March, the Commission is launching a 12-week public consultation to gather input on the ...
Single market: Commission urges four Member States to comply with the Services Directive in the area of regulated professions
February 26th, 2016
The European Commission is taking further steps in its infringement procedures against Austria, Cyprus, Germany, and Poland on the grounds that their national rules include excessive and unjustified obstacles in the area of professional services. Despite the exchanges held with the four Member ...
Fighting tax evasion: The European Union and the Principality of Monaco initial new tax transparency agreement
February 24th, 2016
The EU and Monaco have today initialled a new tax transparency agreement marking another major step forward in the fight against tax evasion. The agreement provides that Monaco and EU Member States will automatically exchange information on the financial accounts of ...