European Commission

341 results about this entity

Period: 16 Nov 2001 - 01 Aug 2024

EC unveils accelerator to give tech start-ups helping hand

The European Commission has enlisted banks, telcos and universities for a new accelerator programme designed to help tech start-ups scale and take on the giants of Silicon Valley.

Europe reaches agreement on MiFID reforms

A comprehensive rewrite of rules governing trading in financial markets has been agreed by the European Parliament and the bloc's Council of Ministers.

European Commission wants to extend Sepa migration deadline as conversion rates stall

The European Commission is proposing to extend the Sepa migration deadline by six months in the face of mounting evidence that market participants are struggling to meet the original February 2014 target for switchover to the new euro payment formats.

Deutsche Bank bans chat rooms as Europe takes banks to task over rate rigging

On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.

EU to maintain bank data sharing deal with US government following assurances

The European Union says it has received written assurances from the US government that NSA spies did not tap into financial messaging data transmitted over the interbank Swift network.

Europe nears agreement on HFT rules

The European Parliament has hammered out a preliminary deal with EU member states on how to regulate high-frequency trading.

EC explores crowdfunding action

The European Commission is pondering the creation of a continent-wide framework for the fast growing crowdfunding market.

EC gives green light to CaixaBank, Santander and Telefónica digital wallet

The European Commission has given the go-ahead to plans by CaixaBank, Santander and Telefónica to set up a joint venture offering digital services, including a mobile wallet.

EU to face payments shake-up as Commission proposes caps on card fees and new regulations

The European Commission has publicly confirmed plans for a new Directive on payment services across the EU, and proposals to cap interchange fees for domestic card-based transactions.

EC plans to cap card fees - FT

The European Commission is preparing to put a 0.2% cap on all credit and debit card transaction processing fees, according to the Financial Times.

EC charges banks, Isda and Markit in CDS investigation

EC regulators say that 13 investment banks, the International Swaps and Derivatives Association (Isda) and Markit breached antitrust rules by colluding to prevent exchanges from entering the credit derivatives business.

Visa to cut cross-border credit card fees in EU

Visa Europe has pledged to significantly cut its interbank fees for cross-border credit card payments and reform its rules following an anti-trust investigation by the European Commission.