European Commission

344 results about this entity

Period: 16 Nov 2001 - 12 Feb 2025

McCreevy urges firms to prepare for MiFID

EU internal market commissioner Charlie McCreevy has called for financial services firms to step up preparations for the implementation of the Markets in Financial Instruments Directive (MiFID) after the European Securities Committee approved the legislation.

European Commission to probe transparency risks in non-cash markets

The European Commission is to investigate the imposition of MiFID-style transparency rules for fixed income and derivatives markets.

Lack of competition pushing up trading costs for EU investors says Commission

The European Commission has criticised the lack of competition in EU securities clearing and settlement in a report that compares the cost of trading across seven different bourses.

EC probes payment card schemes

The European Commission has threatened the payment card industry with antitrust action amid concerns that banks and national card networks conspire to thwart competition by raising barriers to new entrants.

Industry bodies cautious on EU payments reform

The EU's draft proposal for standardising cross-border payment transfers has received a cautious response from industry bodies, with the European Savings Banks Group stating the new framework "needs improvement".

EU moves to cut off terrorist funding

The European Commission is proposing that banks register the name, address and account numbers of anybody transferring funds in the European Union, in an attempt to cut off funding sources for terrorists and other criminals.

Europe to review e-money rules

The European Commission is to revisit the E-Money Directive to address recent developments in mobile telephony and Internet payment schemes.

Euro Parliament approves bank charge rules

The European Parliament has passed controversial Commission proposals for a new law limiting bank charges for cross-border low value payment transfers.