Search Results for: European Parliament
Tsipras says Greece doing its part in euro zone deal
March 13th, 2015
Greece‘s problems are euro zone’s problems and the single currency area should send Greece a message of solidarity as Athens stands ready to deliver on promises to reform in exchange for more loans, Greek Prime Minister Alexis Tsipras said. “Greece has already ...
Juncker investment plan clears key EU hurdle
March 10th, 2015
European finance ministers on Tuesday approved the key components of Jean-Claude Juncker’s flagship investment plan, the EU’s effort to revive the continent’s flagging economy. Ministers from the bloc’s 28 member states approved the details of the scheme, as Italy ...
International and regional bodies that combat money laundering (part C)
March 9th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
EBA updates on future EU-wide stress tests
March 3rd, 2015
European Banking Authority has issued a press release informing that: In its meeting on 24 February 2015, the Board of Supervisors of the European Banking Authority (EBA) decided not to carry out an EU-wide stress test in 2015 and ...
Deloitte comments on the EU Commission’s Capital Markets Union (CMU) green paper
February 19th, 2015
David Strachan, Head of Deloitte’s EMEA Centre for Regulatory Strategy, said: “The Commission has taken a pragmatic approach in developing a CMU. We support a period of analysis to identify the barriers to a CMU, rather than jumping in ...
Greece, lenders appear to edge closer to deal
February 13th, 2015
There were hopes on Thursday that Greece and the eurozone might be edging toward a deal after Prime Minister Alexis Tsipras, attending his first European Union summit, agreed for government officials and representatives of the country’s lenders to find ...
MFSA: Circular to the financial services industry on the issue of the PRIIPS Regulation
February 4th, 2015
The Malta Financial Services Authority (MFSA) would like to draw the attention of the financial services industry to the publication of Regulation (EU) No 1286/2014 of the European Parliament and of the Council of the 26 November 2014 on key information ...
Greek finance minister Yanis Varoufakis to visit London
January 30th, 2015
Yanis Varoufakis to meet George Osborne and City bankers on whistlestop tour of Europe to drum up support for Athens’ Syriza government The new Greek finance minister is to call on George Osborne and City bankers next week as part of ...
Euro-MPs back LuxLeaks tax probe
January 15th, 2015
European lawmakers backed an official probe into tax evasion Wednesday, a hot topic after the “Luxleaks” scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. The Greens group said it had collected enough votes to ...
EU’s Juncker survives no-confidence vote over tax deals
November 28th, 2014
The European Commission’s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister. The censure motion in the ...