News results for European Commission

Compliance
6 December 2021

European Commission Fines Banks For Forex Cartel Conduct

The banks have been fined for operating a "cartel" in the multi-trillion foreign exchange market. ...

M and A
3 July 2020

Venerable Italian Bank Mulls Merger As State Prepares Spin-off - Media

Rome owns 68 per cent of the Tuscan bank after an €8 billion ($8.96 billion) rescue in 2017. It...

Compliance
12 February 2019

Brussels Steps Up AML Pressure, Saudis Eyed

A diplomatic row threatens to break out about how the European Commission is planning to put the...

Offshore
24 January 2019

European Commission's Golden Visas Warnings Unfair - IMC

Controversy about citizenship/residency-by-investment programmes refuses to die down. ...

Offshore
23 January 2019

EU To Warn Golden Visa Industry

Controversy over "golden visas" takes a fresh turn with the expected release today of a report by...

Tax
12 November 2018

EU Frowns On Italy, Isle of Man Tax Practices

The UK Crown Dependency and an EU member state have drawn fire from the European Commission over...

Compliance
19 April 2018

European Money Laundering Scandals Prompt Commission To Tighten Reins

The European Commission has proposed a raft of new rules designed to unify cross-border money...

Compliance
1 December 2017

Brussels Eyes Blockchain For Government Applications, Promises "Soft-Touch" Regulation

The European Commission is expected to launch a number of blockchain-based initiatives next year. ...

Offshore
21 June 2017

European Commission Toughens Stance On Offshore Tax Avoidance

The European Commission is set to publish new proposals amid a crackdown on offshore tax schemes. ...

Legal
27 February 2017

Trio Of Banking Giants Contest Euribor Rigging Fines In EU Court

Last December, a five-year investigation carried out by the European Commission alleged that a...

Comment & Analysis results for European Commission