European Union regulations News

Britain Says Financial Services Agreement With EU Should Come Soon

Britain expects to seal a financial services cooperation pact with the European Union shortly, a senior finance ministry official told a conference on challenges from market fragmentation. The City of London’s ties with the bloc were severed after Britain left …

EU Regulators to Weigh If Antitrust Rules Fit for Today’s Global, Digital Markets

EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalisation, Europe’s antitrust chief Margrethe Vestager said on Monday. Her announcement came amidst …

EU Lawmakers Target Big Tech Firms’ Unfair Business Practices

EU lawmakers agreed on Thursday to take a tougher stance against tech giants such as Google , Amazon and Apple in new legislation aimed at curbing unfair business practices. A European Parliament committee voted in favor of beefing up draft …

EU Bank Reform Includes Insurance, Bad Loan, Other Sweeteners

European Union finance ministers struck a deal on a major reform of banking rules on Tuesday, addressing some of the loopholes exposed by the global financial crisis. The overhaul, proposed by the European Commission in November 2016, sets the level …

Undoing U.S. Financial Regulations Could Bar U.S. Firms from EU

Some U.S. financial institutions could be locked out of the European market if Donald Trump’s administration repeals global rules imposed in the wake of the financial crisis, a top EU official said on Friday. Valdis Dombrovskis, vice president of the …

Europe Appears Close to Agreement on Solvency II Insurance Rules

Europe may be nearing an agreement on rules that aim to make insurance companies safer after 13 years of wrangling between politicians, companies and regulators. Insurers and European Union officials are working out a compromise on the capital they need …

U.S., European Union Struggle to Overcome Regulatory Barriers

The United States and the European Union, stung by past failures to liberalize trade, are struggling over how to tackle regulatory barriers in areas ranging from financial services to chemicals that pose the biggest obstacle to a transatlantic free trade …