European Commission

341 results about this entity

Period: 16 Nov 2001 - 01 Aug 2024

MEPs clash with Commission over new EU-US Swift data deal

European parliamentarians are demanding limitations on bank data transfers to the US and the right of legal redress for EU citizens under a new deal hatched between Brussels and US authorities over Swift data sharing arrangements.

Europe demands reciprocal access to US bank account data in Swift row

The European Commission is considering setting up a system to track terrorist financing which would require the US to hand over citizen bank transaction data. The move comes as the EC prepares to reopen negotiations with the US on access to EU bank accounts after previous arrangements were torpedoed by the European Parliament.

Regulators approve framework for clearing links

British, Dutch and Swiss regulators have agreed a new framework for linkages between clearing counterparties in an effort to allay fears about systemic risks and inject fresh competition into the market.

Parliament votes to scrap EU-US Swift data transfer deal

The European Parliament has voted to scrap a controversial agreement to allow US authorities access to EU banking data transmitted over the international Swift network.

Europe to probe computer-driven stock trading - Bloomberg

The European Union is set to follow in the footsteps of US authorities by instituting a probe into the impact of computer-driven trading on stock market practices, according to a report by Bloomberg.

Simulation technology can help prevent financial crises - EC

The European Commission (EC) has unveiled economic simulation software it says could help prevent future financial crises.

European Commission accuses S&P of monopoly abuse over Isin fees

The European Commission has accused Standard & Poor's of unfair pricing of fees charged for stock data codes and abusing its dominant position as the sole-appointed National Numbering Agency (NNA) for US International Securities Identification Numbers (Isins).

Europe opens anti-trust probe into Reuters Instrument Codes

The European Commission has opened anti-trust proceedings against Thomson Reuters over possible abuse of its dominant market position in the supply of Reuters Instrument Codes.

European banks call for more political backing for Sepa

The European Payments Council has called on EU authorities to initiate a Sepa communications campaign "comparable to that afforded for the euro introduction" to kick start public support for the Single Euro Payments Area project.

European Commission moves closer to enforcing Sepa end-game

The European Commission is in talks with member states about setting a deadline for the migration of national payment schemes to the new Single Euro Payments Area (Sepa) after a public consultation exercise showed widespread support for the move.

EU's MiFID review to look at dark pools

The migration of share trading from regulated platforms to dark pools is to be examined by the European Commission as part of a wider review of the Markets in Financial Instruments Directive (MiFID).

European Parliament wrests control of negotiations on US access to Swift data

Members of the European Parliament have claimed victory in their power struggle with the EC over negotiations on giving US authorities transaction information sent over the interbank Swift network.