Search Results for: European Parliament
Before the bell: What you need to know before the US market open
June 28th, 2016
The Brexit rollercoaster is still going full tilt, unbalancing global markets, currencies and politics. Here’s what you need to know before the US open at 2:30pm London time. Major US markets are pointing up ahead of the open, with ...
Cameron Heads to Last Supper in Brussels Amid Impasse in London
June 28th, 2016
Two-day EU summit to consider first steps after U.K. vote British influence in bloc has waned even before talks start U.K. Prime Minister David Cameron is set to face his fellow European Union leaders for the first time since ...
Accountancy profession reacts to the UK’s decision to leave EU
June 27th, 2016
Accountants, tax experts and finance professionals have reacted to the UK’s decision to leave the European Union, with many predicting a wave of uncertainty regarding the economy and British businesses. The Leave campaign received 52% of the referendum, compared ...
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 ...
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 ...
EU Council confirms securities market rules MiFID II delay
May 20th, 2016
On 18 May 2016, the Permanent Representatives Committee (Coreper) approved, on behalf of the Council, an agreement with the European Parliament on a one-year delay to new securities market rules. The one-year postponement of the transposition and application dates will ...
Prosecutors demand jail for ex-PwC’s accountants
May 12th, 2016
During the last hearings of the LuxLeaks trial, prosecutors have asked for a 18-month jail sentence for Antoine Deltour and Raphaël Halet, both ex-PwC accountants who blew the whistle over the accountancy firm’s role in brokering sweetheart tax deals ...
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 ...
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 ...
MiFID II – ESMA: No Need To Temporarily Exclude ETDs From Open Access To Trading Venues And CCPs
April 6th, 2016
The European Securities and Markets Authority (ESMA) sees no need to temporarily exclude exchange-traded derivatives (ETDs) from non-discriminatory access to central counterparties (CCPs) and trading venues, which will be introduced by the Markets in Financial Instruments Directive (MiFID II) ...
