Financial regulation

Judges retarget bank-rescue fund, ruling 2022 subscription unlawful
My Europe

Judges retarget bank-rescue fund, ruling 2022 subscription unlawful

Banks’ payments to a controversial €78bn crisis fund in 2022 were unlawful, EU judges said today (10 April) – the…
President Michel looks to capital markets to solve the bloc’s economic woes
My Europe

President Michel looks to capital markets to solve the bloc’s economic woes

A summit of EU leaders meeting next week will likely agree “ambitious” measures to boost non-bank financing, its President Charles…
Brussels bids to improve citizens’ financial savvy
My Europe

Brussels bids to improve citizens’ financial savvy

EU officials hope that boosting financial literacy will have an economic and social payoff, after a landmark survey found many…
Bank crisis fund is now full, agency chief says
Business

Bank crisis fund is now full, agency chief says

A controversial EU bank crisis fund has reached its intended €78 billion capacity, meaning that lenders won’t need to pay…
MEPs approve measures to tackle impersonation scams
My Europe

MEPs approve measures to tackle impersonation scams

A draft of new EU regulations on payment services was approved by lawmakers on Wednesday (14 February), in a move…
‘Unlicensed pilot’: controversial post-Brexit EU clearinghouse law is finalised
Business

‘Unlicensed pilot’: controversial post-Brexit EU clearinghouse law is finalised

The EU has agreed a new post-Brexit law forcing its banks to partly onshore their clearing activity – and not…
Finfluencers face prosecution for misleading investment advice, says EU watchdog
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Finfluencers face prosecution for misleading investment advice, says EU watchdog

Influencers promoting financial products on social media were today (6 February) warned by EU finance watchdogs they could face million-euro…
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