European Commission

343 results about this entity

Period: 16 Nov 2001 - 19 Dec 2024

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.

EU proposes bank account switching Directive

The European Commission is proposing new rules to make it easier for consumers to compare bank account fees and switch to another provider.

EC launches competition investigation into MasterCard inter-bank fees

The European Commission has launched a new antitrust probe into the inter-bank fees MasterCard charges for processing transactions.

Commission extends CDS anti-trust probe to Isda

The European Commission is to extend an anti-trust investigation in to the market for credit default swaps to cover the activities of the International Swaps and Derivatives Association (Isda).

Commission drops anti-trust probe into European Payments Council

The European Commission has dropped an anti-trust probe into the activities of the bank-backed standards-setting body the European Payments Council.

Financial industry welcomes Obama cybersecurity plans

US President Barack Obama has signed a cybersecurity executive order designed to improve collaboration and information sharing between the government and critical infrastructure providers such as banks.

New EU derivatives rules to come into force in mid-March

New rules on the processing of derivatives contracts over exchange platforms are set to come into force in mid-March after being passed by the European Parliament.

European Commission approves revised RICs licensing from Thomson Reuters

The European Commission has approved new licensing proposals from Thomson Reuters for the use of Reuters Instrument Codes (RICs), ending a prolonged anti-trust investigation.

European Commission takes Belgium to court over electronic money

The European Commission has referred Belgium to the Court of Justice in Luxembourg for failing to implement EU rules on electronic money.

European banks, telcos and governments embark on cyber-attack simulation exercise

Banks, telcos and governments across Europe are undergoing a massive cyber-attack exercise today to test their readiness for a real-world assault on the financial services industry.

MEPs look to slam the brakes on high-frequency traders

High-frequency traders operating in European markets will be forced to keep orders open for at least half-a-second under tough new trading rules voted through by the European Parliament's Economic and Monetary Affairs Committee late on Wednesday.