European Commission

341 results about this entity

Period: 16 Nov 2001 - 01 Aug 2024

European savings and co-operative banks join screen-scraping row

Trade groups representing over 5000 European savings and co-operative banks have called on the European Banking Authority to reject Commission amendments to the revised Payment Services Directive which would require banks to provide a fall-back interface to screen-scraping technology for third party access to consumer bank data.

EU rules on software investment attacked by bank lobby group

The European Banking Federation has called on EU policymakers to rethink their prudential requirements for software investments by banks, describing the current treatment as a "significant disincentive for investments in innovation".

Commission proposes more robust supervision of central counterparties

The European Commission is today proposing targeted reforms to further improve the financial stability of the European Union.

European Commission calls on EBA to rethink screen scraping ban

The EU's financial service head Vladis Dombrovskis is calling on the European Banking Authority to revisit its proposed ban on 'screen scraping' under the revised Payments Services Directive (PSD2).

European banks lobby Commission to push ahead with screen scraping ban

European banks say that privacy of client data, cybersecurity and innovation are at risk should the European Commission bow to the demands of fintech firms and backtrack on plans to ban screen-scraping under the revised Payment Services Directive, PSD2.

Commission proposes simpler and more efficient derivatives rules

The European Commission is today proposing some targeted reforms to improve the functioning of the derivatives market in the EU.

EC plans blockchain 'observatory'

The European Commission is pumping EUR500,000 into a blockchain and distributed ledger technology 'observatory' and forum to help it build up its knowledge and expertise on the subject.

Esma advises Commission on trade repository fees

The European Securities and Markets Authority (ESMA) has published today its final technical advice to the European Commission regarding supervisory fees for Trade Repositories (TRs) under the Securities Financing Transactions Regulation (SFTR).

European Commission opens investigation into RBS sell-off alternatives

The European Commission has opened an in-depth investigation to assess whether the alternative package proposed by the UK authorities is an appropriate replacement for the commitment for the Royal Bank of Scotland (RBS) to divest Williams & Glyn, required as part of its restructuring plan.

LSE and Deutsche Börse merger officially blocked by European Commission

The European Commission has officially blocked the proposed mega-merger between the London Stock Exchange and Deutsche Börse, citing competition concerns.

European Commission opens public consultation on fintech

The European Commission is to run a public consultation on fintech as it bids to shape its policy response to the booming market for new innovations in financial services.

EU sets out CCP recovery and resolution rules

The European Commission has today proposed new rules to ensure that systemic market infrastructures in the financial system, known as Central Counterparties (CCPs), can be dealt with effectively when things go wrong.