European Commission

EU follows UK in plans for private company share trading

Private trading among a raft of measures designed to boost EU markets

2 min read

According to the European commission, 91% of all euro-denominated interest rate swaps were cleared through UK clearing houses

EU mandates ‘portion’ of clearing must be done through European clearing houses

The new rules proposed by the commission will change where EU banks can clear euro-denominated derivatives

3 min read

European Union Commissioner Mairead McGuinness said the development of a digital euro would involve cooperation with the private sector

Mairead McGuinness: EU digital currency may become ‘alternative’ to euro

A digital euro would not become a replacement, nor would it usurp physical bank notes

2 min read

Banks will have to hold more in reserve, but it won't threaten the recovery, says Alexandra Jour-Schröder

EU banks’ capital requirements set to jump 10% under Basel III

Debate continues over how new banking standards should apply across the bloc

2 min read

Sagas like Gamestop threw the potential biases of a key revenue model into the spotlight

EU set to ban payment for order flow as US meme-stock platforms face uncertain future

Move to outlaw controversial revenue model sets up a showdown between EU platforms and their US rivals

3 min read

Mairead McGuinness says CBDC is still on the cards for the EU, but regulators must tread carefully

EU states urged to agree on crypto rules this autumn, senior official says

Talks are progressing that would marry innovation with investor protection, senior official says

Bond trading ‘cartel’ lands Nomura, UBS and UniCredit with €371m fine

Financial crisis collusion draws scorn from European Commission

Clement Beaune, Frances European Union affairs minister, speaks during an interview in his office at the Ministry of Foreign Affairs in Paris, France

France threatens retaliation for UK’s banking sector unless Brexit fishing deal is respected

Fishing remains contentious as the European Parliament meets to debate the trade deal

The possibility of 'vaccine passports' has given the tourism sector renewed hope of recovery in 2021

EU Covid passports will allow travel to restart – here’s how they will work

The certificates give proof of vaccinated status alongside history of infection

5 min read

There has been growing criticism that some asset managers have exaggerated their ESG credentials

Fund managers brace for ‘onerous’ EU greenwashing rules

Asset managers selling sustainable investment products in the EU must comply with the Sustainable Finance Disclosure Regulation, and it could be costly

3 min read

Nearly 1,500 EU-based financial services firms seek permission to operate in the UK

The FOI figures ‘provide evidence that London is set to remain a key global financial centre’

2 min read