Visa and Mastercard to extend inter-regional interchange fee caps in the EEA until 2029
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
The European Commission
US and Europe break derivatives rules impasse
A common approach to the rules governing central counterparties (CCPs), the key infrastructure for reducing counterparty risk in derivatives trading, have been agreed between Europe and the US. The European Commission (EC) intends to adopt an equivalence decision with respect to Commodity Futures Trading Commission (CFTC) requirements for US CCPs which will allow the European Securities […]
EC to hit terrorism in its digital wallet
The European Commission (EC) has presented an action plan to fight the financing of terrorism, including targeted amendments to the Fourth Anti-Money Laundering Directive (AMLD) that was implemented in May 2015. These include an amendment to include a list of all compulsory checks financial institutions should carry out on financial flows from countries having strategic […]
