Tag: financial services

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UK, Brussels lock horns over financial services

EU INSTITUTIONS Theodoros Benakis -
Some 7,000 European-based investment funds that rely on British clients for their cash and profits will be hit by regulators if European Union changes...

Cheap cross-border euro payments everywhere in the EU

EU INSTITUTIONS Theodoros Benakis -
Plans to make cross-border payments in euro cheaper across the entire European Union were tabled by the European Commission on March 28. Under current rules,...

Reducing risk in EU banking sector

EU INSTITUTIONS Theodoros Benakis -
The European Commission on March 14 tabled a package of measures to tackle non-performing loans in Europe. It is delivering on the Council's Action...

The making of EU’s Capital Markets Union

EU INSTITUTIONS Theodoros Benakis -
Taking a major step towards the development of a Capital Markets Union (CMU), the European Commission is promoting alternative sources of financing and removing...

EU financial market to get a FinTech boost

EU INSTITUTIONS Theodoros Benakis -
An Action Plan on how to harness the opportunities presented by technology-enabled innovation in financial services (FinTech) was presented by the European Commission on...
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