European Commission
EU delays capital rules for banks’ trading arms for second time
Regulation will be pushed back one year to the start of 2027
EU follows UK in plans for private company share trading
Private trading among a raft of measures designed to boost EU markets
2 min read
Bankers fear losing business amid EU clearing mandate: ‘We will be constrained’
Europe's efforts to win clearing business could backfire, officials at banks in the bloc warn
5 min read
EU agrees on real-time ‘consolidated tape’ data stream for equities
The consolidated tape will include pre-trade data which was seen as essential by traders
1 min read
Why LCH’s Maguire isn’t worried about the EU’s push to move clearing to the bloc
Proposed EU rules would affect around 7% of LCH swap volume
3 min read
BlackRock, Amundi could face ‘substantial’ costs from ESG downgrade reversal
Major fund houses may have to upgrade their ESG funds again after new guidance
4 min read
Forced EU clearing could damage capital markets, industry groups warn
Sector leaders say reforms could increase costs and stop best execution
2 min read
EU mandates ‘portion’ of clearing must be done through European clearing houses
The new rules proposed by the commission will change where EU banks can clear euro-denominated derivatives
3 min read
Mairead McGuinness: EU digital currency may become ‘alternative’ to euro
A digital euro would not become a replacement, nor would it usurp physical bank notes
2 min read
The Fintech Files: State Street is all-in on tokenisation – here’s why
The US bank's push into digital assets continues apace, and other top stories from the crypto world this week
4 min read
EU banks’ capital requirements set to jump 10% under Basel III
Debate continues over how new banking standards should apply across the bloc
2 min read
EU set to ban payment for order flow as US meme-stock platforms face uncertain future
Move to outlaw controversial revenue model sets up a showdown between EU platforms and their US rivals
EU states urged to agree on crypto rules this autumn, senior official says
Talks are progressing that would marry innovation with investor protection, senior official says
Bond trading ‘cartel’ lands Nomura, UBS and UniCredit with €371m fine
Financial crisis collusion draws scorn from European Commission
France threatens retaliation for UK’s banking sector unless Brexit fishing deal is respected
Fishing remains contentious as the European Parliament meets to debate the trade deal
Lords’ report: Equivalence process needs an overhaul to suit UK-EU relations
'The only losers will be the EU and the UK'
4 min read
EU Covid passports will allow travel to restart – here’s how they will work
The certificates give proof of vaccinated status alongside history of infection
5 min read
Brexit threatens UK and EU’s post-pandemic recovery, City lobby group warns
Regulatory fragmentation in the financial sector costs five to 10% of annual turnover globally
3 min read
EU’s Von der Leyen fires warning at UK over vaccine exports during bloc’s launch of Covid passports
Comments come amid concerns of a third wave of infections
3 min read
Fund managers brace for ‘onerous’ EU greenwashing rules
Asset managers selling sustainable investment products in the EU must comply with the Sustainable Finance Disclosure Regulation, and it could be costly
3 min read