Tag: EU

European Commission and ESAs launch European Forum for Innovation Facilitators

The European Commission and the European Supervisory Authorities (ESAs) has launched its European Forum for Innovation Facilitators (EFIF).

UK to stay in SEPA following a no-deal Brexit

The European Payments Council Board has accepted an application which will enable UK Payment Service Providers to continue in the Single Euro Payment Area (SEPA) schemes.

European Commission releases list of 23 countries with weak AML/CTF processes

The European Commission has adopted a new list of 23 countries with weak anti-money laundering and terrorist financing regimes.

European Commission fines MasterCard €570m for antitrust breach

The European Commission has fined MasterCard €570m for breaching EU antitrust rules. Mastercard was fined due to it ‘limiting the possibility for merchants to benefit...

ESMA publishes advice to EU on ICOs

The European Securities and Markets Authority (ESMA) has released its advice to the European Union Institutions on initial coin offerings.

European Supervisory Authorities compiles analysis of sandboxes and innovation hubs

The European Supervisory Authorities (ESAs) has published a joint report on regulatory sandboxes and innovation hubs. Its new report provides a comparative analysis of the...

FCA, SEC sign MoUs to reaffirm cooperation after Brexit

The UK’s Financial Conduct Authority (FCA) and US Securities and Exchange Commission (SEC) have signed two memoranda of understandings (MoU) to reaffirm cooperation following Brexit.

EU council proposes measures to lower risks in banking sector

The banking union council has endorsed a number of new measures to help reduce risk in the EU banking sector. These agreed proposals aim to...

European challenger bank Margo collects €6.4m funding

Margo Bank, a new European challenger bank for SMBs, has collected €6.4m in its funding round.

The European Commission unveils 23-step plan to support FinTechs

The European Commission has unveiled a 23-step action plan on harnessing opportunities created by FinTech.

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