Search Results for: European Commission
EU, US sign shared law enforcement data deal
June 7th, 2016
The EU signed an ‘umbrella’ deal on protection of shared data with the United States Thursday, putting in place a comprehensive data protection framework for criminal law enforcement cooperation. The agreement improves, in particular, EU citizens’ rights by providing ...
Spain is the first country in Europe to introduce Samsung Pay contactless payments
June 6th, 2016
Samsung Electronics today has announced the launch in Spain of Samsung Pay, a secure and simple mobile payments service that works anywhere you can pay with a contactless credit or debit card. Spain is the first country in Europe ...
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
EU Approves Directive On CbC reporting of tax information
June 1st, 2016
On May 26, 2016, the Council of the European Union approved a Directive on the country-by-country (CbC) reporting of tax information by multinational corporations and automatic exchange of that information between EU tax authorities, which member states would be ...
Portugal is Europe’s next looming economic disaster
May 30th, 2016
Earlier this week, Spanish newspaper El Pais reported that Portugal’s largest bank, Caixa Geral de Depósitos (CGD), an institution that holds nearly one-third of all deposits in the country, is on the brink of destruction following a horrendous first ...
Three key measures to fight tax evasion by multinationals
May 30th, 2016
One trillion euro is taken from the hands of citizens each year as a result of tax avoidance. That’s Euro 2000 per citizen. A large sum of money that won’t be invested in social security, education, job development or ...
CySec suspends CIF UBFS Invest powered by Moneychoice Brokers Ltd
May 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that, following a decision in the meeting dated 23 May 2016, the authorisation of the Cyprus Investment Firm ‘UBFS Invest powered by Moneychoice Brokers Ltd’, with number 239/14, ...
Europe vs. Facebook: Austrian activist wins another legal battle over data protection
May 27th, 2016
An Austrian privacy activist has won his next legal battle against so-called “model contract clauses,” used by thousands of multinational companies, including Facebook and Amazon, to legally transfer Europeans’ personal data to the US. Max Schrems, the 28-year-old data ...
Russia, Greece agree energy, oil cooperation of great importance
May 26th, 2016
Russia and Greece continue work on oil deliveries to Greece and Italy through third countries Russia and Greece consider as important their cooperation in the energy sphere and continue work on oil deliveries to Greece and Italy through third ...
FCA Research into the issue of de-risking
May 25th, 2016
The Financial Conduct Authority has issued a press release to make publish a research regarding the issue of de-risking. Below is the announcement as published from FCA: The FCA, along with fellow agencies and authorities, has a long-standing programme ...
