MEPs approve new anti-money laundering rules – but what do they cover?
EU lawmakers voted in a landslide in favour of new curbs on crypto, football clubs and cash transactions. ADVERTISEMENTEU lawmakers...
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MEPs green light new EU fiscal rules amid fears of return to austerity
The landslide vote heralds a return to fiscal responsibility after the pandemic era – but some worry new norms could...
Group of 77 urges leaders to impose progressive taxes for green transition
Mammoth sums needed to deliver EU’s green transition put prosperity at risk, claim NGOs and academics. ADVERTISEMENTA long-term EU just...
Judges retarget bank-rescue fund, ruling 2022 subscription unlawful
The EU’s €78bn Single Resolution Fund is meant to avoid a repeat of 2008-style taxpayer banking bailouts, but faced a...
Abramovich re-appeals Ukraine-linked EU sanctions
The Russian oligarch and ex-Chelsea FC owner saw funds frozen for his apparent ties to Putin. ADVERTISEMENTRussian oligarch Roman Abramovich...
Cybersecurity investment need to be doubled in next mandate, EU official says
The commission earmarked €214m for cybersecurity for 2024. ADVERTISEMENTCybersecurity investments will have to be doubled under the next European Commission...
Euro finance ministers call for relaunch of bank securitisation
The complex lending instruments that caused the 2008 crisis top a wishlist of financial reforms. ADVERTISEMENTEuro area ministers on Monday...
Frankfurt wins bid to host new anti-money laundering authority
The German financial centre beat off competition from eight others as the EU puts the final touches to dirty-money reforms....
Bank crisis fund is now full, agency chief says
Eurozone banks have been pouring billions a year into a controversial EU fund designed to limit taxpayer bailouts – but...
‘Unlicensed pilot’: controversial post-Brexit EU clearinghouse law is finalised
A new EU law agreed early this morning compels banks to use domestic financial infrastructure – but not everyone’s happy....
