European Commission

341 results about this entity

Period: 16 Nov 2001 - 01 Aug 2024

EC publishes MiFID II consultation

The European Commission has published its widely trailed Markets in Financial Instruments Directive (MiFID) review, calling for greater oversight of high-frequency trading and a clamp down on speculators in commodities.

Europe drops Visa antitrust probe after interchange agreement

The EC has abandoned antitrust charges against Visa Europe after reaching a settlement that will see multilateral interchange fees (MIFs) for debit card payments tumble.

MiFID II to tackle high-frequency trading

Traders will have to explain to regulators how their computer algorithms are designed and work as part of the European Commission's widespread overhaul of MiFID.

EC pushes e-invoicing adoption

The European Commission has set out a series of actions designed to encourage broad-scale adoption of electronic invoicing by 2020.

European Parliament backs dark pool regulation

The European Parliament's economics committee has backed a report calling for tougher regulation of dark pools and high-frequency trading.

EC migration plans would 'derail the entire Sepa project' - EPC

The EC will "effectively derail the entire Sepa project" if upcoming regulatory intervention on migration end dates does not include deadlines for phasing out national schemes, says the European Payments Council.

Web search data and computer-based finance focus for EC-backed systemic risk study

In the wake of the global economic crisis, the European Commission is funding new research into systemic financial market risks, exploring how complex, highly inter-connected digital information and transaction systems leave institutions exposed.

European Commissioner takes aim at HFT

European Commissioner for internal markets and services Michel Barnier has vowed to work with US counterparts to increase high-frequency trading regulation, says Reuters.

EC bids to tame 'wild west territory' of OTC derivatives and short selling

The European Commission is proposing new regulations aimed at improving transparency and safety in over-the-counter (OTC) derivatives markets and tougher controls on short selling and credit default swaps.

Sepa Council established to kickstart EU payments convergence

The European Commission and European Central bank have hosted the first meeting of the Sepa Council, a new body created to guide the future development of the Single Euro Payments Area project.

EU Parliament bids to stifle derivatives trading

The influential EU Economic and Monetary Affairs Committee has called for an outright ban on speculative trading in certain derivatives contracts and the imposition of higher capital requirements for firms handling contracts that are not cleared centrally.

Commission gets green light to negotiate new Swift data transfer deal with US

The European Commission has secured the approval of MEPs to re-open negotiations with the US over the provision of access to EU financial messaging data passed over the international Swift network.