Search Results for: European Parliament and Council
Switzerland Legislates For Automatic Exchange tax-related information
January 16th, 2015
The Swiss Federal Council has launched two parallel consultations on legislation that would enable Switzerland to automatically exchange tax-related information from 2018. The first consultation concerns draft legislation arising from Switzerland’s October 2013 signature of the Organisation for Economic ...
AMF publishes draft recommendation on quarterly and interim financial disclosure
November 5th, 2014
In anticipation of the transposition of the revised Transparency Directive into national law, the AMF is publishing a draft recommendation to accompany the abolition in 2015 of the obligation to produce quarterly financial information. The revised Transparency Directive (2013/50/EU) ...
European Parliament ratifies EU-Ukraine Association Agreement
September 17th, 2014
The European Parliament gave its consent to the EU-Ukraine Association agreement, which includes a Deep and Comprehensive Free Trade Agreement (DCFTA), on Tuesday in Strasbourg. “This is an historic moment”, said EP President Martin Schulz in his address to ...
Tories ‘to challenge European court with British bill of rights’
July 17th, 2014
David Cameron is heading for a major showdown over Europe with a plan to assert the supremacy of parliament over the European court of human rights to avoid a repeat of the rows over the deportation of foreign criminals, ...
Parliament elects Jean-Claude Juncker as Commission President
July 15th, 2014
The European Parliament has issued a press release announcing the election of Jean-Claude Juncker as Commission President. With 422 votes in favour, the European Parliament elected Jean-Claude Juncker in a secret ballot on 15 July as President of the new ...
CySec: Publication of new EU Directives and Regulation
June 17th, 2014
The Cyprus Securities and Exchange Commission (CySec) wishes to inform the Cyprus Investment Firms (‘the CIFs’) about the following: 1. On June 12, 2014, the following Directives/Regulations were published in the Official Journal of the European Union, which are ...
Bank Recovery and Resolution Directive for CIFs
June 12th, 2014
The Cyprus Securities and Exchange Commission (CySec) is informing the Cyprus Investment Firms (‘the CIFs’) about Bank Recovery and Resolution Directive and on the Data requested by the EU Parliament as follows: 1. The European Parliament and the Council ...
ESMA publishes list of authorised CCPs and OTC derivatives
March 20th, 2014
Following the authorisation of NASDAQ OMX as the first EU-based CCP on 18 March 2014, the European Securities and Markets Authority (ESMA) has today published information about Nasdaq OMX and the contracts it is authorised to clear. In accordance ...
European leaders weigh additional sanctions against Russia
March 20th, 2014
European leaders on Thursday weighed additional sanctions against Russia, a day after Ukrainian troops were forced to abandon their bases in Crimea and prepared to evacuate the peninsula. German Chancellor Angela Merkel told her parliament that Europe would expand ...
Parliament negotiators rescue seriously damaged bank resolution system
March 20th, 2014
European Parliament negotiators on Thursday reached a deal with their member state counterparts on the single resolution mechanism to deal with failing banks. Many elements fell into place early in the morning after 16 hours of talks. The elements ...