Search Results for: euro
ESMA finds data quality significantly improves under new monitoring approach
April 21st, 2023
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the third edition of its Data Quality Report under the European Markets Infrastructure Regulation (EMIR) and the Securitised Financing Transactions Regulation (SFTR) reporting ...
New IBA report examines fintech regulation across 39 jurisdictions
April 21st, 2023
The International Bar Association banking law committee has published a report entitled ‘Fintech: how is the world shaping the financial innovation industry?’ The report compares the fintech regulatory frameworks of 39 jurisdictions across North and South America, Africa, Asia ...
Cyprus government mulling reduced VAT for basic necessities
April 21st, 2023
It is unclear how effective government machinations to reduce the VAT on necessary goods will be, following reports on Wednesday that authorities are looking to completely axe tax on items like bread, milk, and baby food. Commenting on the ...
Fraudulent online investment platform: five arrests of high-value targets
April 21st, 2023
Eurojust and Europol have supported a new coordinated action against a fraudulent online investment platform, which has so far cost at least 33 000 victims an estimated EUR 89 million. At the request of the German authorities, two action ...
Tourism: €572 billion gross value added in the EU. The countries with the highest shares of tourism
April 21st, 2023
In 2019, the last year before the COVID-19 pandemic heavily hit the tourism sector, the gross value added directly generated by tourism amounted to an estimated €572 billion, or 5% of the total gross value added in the EU ...
Rents and house prices in the EU have continued their steady increase
October 12th, 2022
Rents and house prices in the EU have continued their steady increase in the second quarter of 2022, going up by 1.7% and 9.9%, respectively, compared with the second quarter of 2021. This information comes from data on rents ...
Spain introduces new crypto tax model
July 26th, 2022
The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax ...
House sales increase in 2021 in the majority of EU Member States
July 26th, 2022
In 2021, the number of housing transactions, when compared with 2020, increased in the majority of EU Member States for which data are available. This increase comes after a drop in nearly all countries in 2020 compared to 2019. ...
Oil rises $2 as dollar eases, market wary of Fed
July 26th, 2022
Oil prices rose about $2 on Monday, bolstered by supply fears, a dip in the U.S. dollar and early strength in equity markets, but prices seesawed as some worried fuel demand could weaken if the Federal Reserve raises U.S. ...
EU Financial Regulators warn consumers on the risks of cryto-assets
April 14th, 2022
The European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs) today warn consumers that many crypto-assets are highly risky and speculative. The ESAs set out key steps consumers can take to ensure they make informed decisions. This warning ...
