Search Results for: European Commission
11 Bitcoin Startups That Went Bust in 2015
December 28th, 2015
This year was a time of further consolidation for the bitcoin industry. After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming ...
Ukraine set to lose preferential trade with Russia after failed last-minute talks in Brussels
December 22nd, 2015
Following a failed round of negotiations in Brussels, Russia will inevitably suspend the free trade agreement with Ukraine within the Commonwealth of Independent States, once a trade deal between Kiev and European Union goes into effect in the new ...
EU And US Financial Regulators Appear To Soften Stances On Long-Standing Dispute
December 21st, 2015
The dispute between American and European regulators centered on margin requirements for clearinghouses could be resolved soon. A long-running spat between U.S. and European financial regulators may soon come to a close. In an interview with the Financial Times ...
EU To Extend Minimum 15 Percent VAT Rate
December 21st, 2015
The European Commission has proposed that an EU law provision be extended to ensure that member states levy a headline VAT rate of at least 15 percent until December 31, 2017. Article 97 of the EU VAT Directive provides ...
Google under scrutiny over lobbying influence on Congress and White House
December 18th, 2015
Concerns grow after disclosure Google enlisted US politicians to pressure EU brought attention to tech giant’s close relationship with Washington politicians. Google has made political donations to 162 members of the US Congress in the latest election cycle, figures show, as ...
EU Court Overturns Decision to Fine Airlines in Cartel Case
December 17th, 2015
The European Union’s second-highest court has overturned a decision to impose €790 million ($864 million) of fines on more than a dozen airlines including Air France KLM and British Airways for operating an airfreight cartel. In a statement published ...
Paul P. Andrews of FINRA Named IOSCO Secretary General
December 16th, 2015
The Board of the International Organization of Securities Commissions (IOSCO) today announced it has appointed Paul P. Andrews as its new Secretary General. Mr. Andrews is currently the Vice President and Managing Director of International at the Financial Industry ...
ITG Releases November 2015 U.S. Trading Volumes
December 9th, 2015
ITG (NYSE:ITG) announced that November 2015 U.S. trading volume was 2.5 billion shares and average daily volume (ADV) was 123 million shares. This compares to 2.7 billion shares and ADV of 122 million shares in October 2015 and 3.4 billion shares and ADV ...
EU: Council agreed on first ever EU rules on cybersecurity
December 9th, 2015
MEPs close deal with Council on first ever EU rules on cybersecurity Transport and energy companies will have to ensure that the digital infrastructure that they use to deliver essential services, such as traffic control or electricity grid management, ...
EU finances the Single Resolution Fund
December 9th, 2015
ECOFIN Ministers reaffirm the importance of deepening the Banking Union in the context of a well-functioning Economic and Monetary Union. Following the successful establishment of the Single Supervisory Mechanism (SSM), we welcome the forthcoming entry into force of the ...
