Search Results for: European commission
FIA welcomes EC proposals on capital requirements
November 24th, 2016
FIA welcomes today’s publication of the European Commission’s (EC) proposals to amend the Capital Requirements Directive 2013/36/EU (CRD IV) and the Capital Requirements Regulation EU No 575/2013(CRR). The proposals released today include numerous comprehensive changes and new provisions, many ...
Consumer confidence rises in Eurozone in November
November 22nd, 2016
Consumer confidence rises in Eurozone in November, beating the wider European Union Eurozone consumer confidence has improved sharply in November, shrugging off any aftermath from the UK’s decision to vote to leave the European Union. The indicator improved by ...
Fintech start-ups in Europe to get up to €1.6bn in funding from EIF
November 11th, 2016
The European Commission (EC) has pledged up to €400 million to the European Investment Fund’s (EIF) new fund-of-funds – for the money to be spent on start-ups in Europe, including in the fintech space. The EC has also said ...
ESMA finalises Advice on Future Rules for Financial Benchmarks
November 10th, 2016
The European Securities and Markets Authority (ESMA) has finalised its technical advice to the European Commission on important aspects of future rules for benchmarks. In particular, ESMA provides advice on: how benchmarks’ reference values can be calculated by using ...
VW Says Its Diesel Cheat Software Is Legal in Europe
November 5th, 2016
It’s the very technology which led it to incur up to $16.5 billion in U.S. settlement costs. Volkswagen said the software allowing its diesel vehicles to evade emissions rules does not violate European law, as the carmaker aims to ...
EU and Canada signed CETA; a trade deal that sets a new standard for global trade
November 1st, 2016
On 30 October, the EU and Canada sign a trade agreement, known as the Comprehensive Economic and Trade Agreement (CETA). This deal will create jobs and growth by boosting trade and strengthening economic relations. CETA’s progressive nature will set ...
Google could face large fine by EU over Android anti-competitive practices
October 3rd, 2016
EU wants to stop Google forcing smartphone manufacturers to pre-install Android OS. Google might face a “large fine” for anti-competitive practices by the European Union, which is considering stopping the company from paying smartphone manufacturers to pre-install its Search ...
EU To Create List Of Non-Cooperative Tax Jurisdictions
September 26th, 2016
The European Commission has confirmed plans to draw up a pan-EU list of non-cooperative tax jurisdictions. In announcing the plans on September 15, the Commission released “a pre-assessment of all third countries according to key indicators.” The intention is ...
Why the EU is doomed
September 16th, 2016
We are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis. We normally survive financial ...
EU to boost growth and jobs creation
September 15th, 2016
The president of the European Commission proposed on Wednesday a revamp of the bloc’s investment strategy aimed at doubling the capacity of a scheme for boosting EU growth and jobs, while launching a new fund to help countries at ...
