European Commission

341 results about this entity

Period: 16 Nov 2001 - 01 Aug 2024

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EC calls for Europe-wide company news repository

EC calls for Europe-wide company news repository

The European Commission is calling on member states to improve transparency of company information by establishing an electronic network interconnecting the national repositories that store financial data on listed companies.

EC fines Visa EUR10.2m for Morgan Stanley exclusion

EC fines Visa EUR10.2m for Morgan Stanley exclusion

The European Commission has fined Visa EUR10.2 million for refusing to let Morgan Stanley access its credit card payment network in the UK.

E-invoicing network to save EUR243 billion in EU supply chain costs

E-invoicing network to save EUR243 billion in EU supply chain costs

The European Commission (EC) is setting up a steering committee to oversee the establishment of a common invoicing framework that would allow businesses across the region to send invoices and receive corresponding payments electronically.

New clearing code to abolish cross-border barriers

New clearing code to abolish cross-border barriers

The European Commission is ready to endorse a set of industry-agreed guidelines to remove national domestic barriers to share trading platforms and establish interoperability between clearing and settlement organisations in Europe.

EC consults on bank account switching

EC consults on bank account switching

The European Commission (EC) has launched a consultation on ways of making it easier for customers to switch bank accounts between financial institutions - both at a national level and within the European Union.

European savings banks hit out at Payments Directive

European savings banks hit out at Payments Directive

European savings banks have criticised the recently approved text of the Payment Services Directive for undermining electronic payments at the expense of hard cash.

EU laggards face prosecution for MiFID failures

EU laggards face prosecution for MiFID failures

EU internal markets commissioner Charlie McCreevy has threatened infringement proceedings against 24 European member states that have yet to implement the Markets in Financial Instruments Directive (MiFID) in national law.

Tech vendors form MiFID alliance

Tech vendors form MiFID alliance

A consortium of technology vendors, led by Sun Microsystems and Avitis, are forming a pan-European alliance that aims to help financial services firms comply with the European Union's Markets in Financial Instruments Directive (MiFID) which comes into force in November.

EU ministers agree on payment services directive framework

EU ministers agree on payment services directive framework

European Union finance ministers have agreed on the final terms of the payment services directive (PSD), which will set a new legal framework aimed at cutting costs for cross-border cash transations in the European Union.

Watchdog to probe ECB's plan for pan-European settlement system

Watchdog to probe ECB's plan for pan-European settlement system

The European Central Bank's plans to establish an integrated securities settlement system in the euro zone will be examined by the region's competition watchdog.

ICMA to publish post-trade date online

ICMA to publish post-trade date online

The International Capital Market Association (ICMA) is gearing up to launch two new pilot services that will see post-trade information and data on large liquid bond dealings published online.

EU competition commission eyes Visa interchange fees

EU competition commission eyes Visa interchange fees

The European Commission will look again at interchange fees charged by Visa next year, after an 'antitrust exemption' agreement for the card company runs out at the end of December.

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