The International Consortium of Investigative Journalists on Sunday (5 November) released The Paradise Papers, a global investigation that reveals the offshore activities of some of the world’s most powerful people and companies.
Once feared as a technology that would make legal practitioners redundant, blockchain has now actually strengthened the role of notaries as interpreters of complex transactions, best illustrated by the convoluted issue of land registries.
The European Commission has proposed giving the European Supervisory Authorities broader powers to determine what represents environmental, social and governance investment and to monitor banks’ activities in this field.
The European Commission proposed on Wednesday (20 September) transferring some powers to oversee the financial sector from national capitals in a move to extend the EU’s grip on the industry as the bloc prepares for the departure of London, its main financial hub.
The brave new world of data presents many challenges for the financial services industry and regulators alike. But if the right approach to regulating technological change is taken, Europe will continue to be a globally leading centre in the future, writes James Kemp.
The high-level group on sustainable finance proposed on Tuesday (18 July) a new platform to match capital and green projects, as the Juncker Plan did not develop the 'big pipeline' that was expected to unlock the money resting in the pockets of big investors.
The European Commission's High Level Expert Group on Sustainable Finance delivered its interim report today (13 July). Ingrid Holmes, one of the members of the group, explains how the financial system can help address long-term challenges such as climate change.
The European Commission took a further step in fighting cross-border tax evasion on Wednesday (21 June) by proposing tougher new rules for financial intermediaries who design and promote tax planning schemes for their clients.
Robust and binding criteria are needed to build sustainable capital markets or we risk that both national legislators and financial investors simply ignore their investment’s impact, or revert to greenwashing, writes Anne van Schaik.
From an investor’s perspective, planned transparency is far preferable to surprise leaks or investigations into corporate tax avoidance strategies which lead to reputational risk and government crackdown, writes Morris Pearl.
The new Single Resolution Board intervened for the first time early this morning (7 June) to save Banco Popular, a troubled Spanish bank whose deposits were protected without using taxpayers’ money after Banco Santander decided to acquire its assets.
The mid-term review of the EU’s Capital Markets Union initiative, due on Wednesday (7 June), will mark another step towards the mainstreaming of green finance in Europe, a senior EU official told EURACTIV.
The European Central Bank has rejected a staff appeal against the handpicking of President Mario Draghi's policy adviser, batting back the most high-profile challenge to date to hiring practices at the Frankfurt-based institution.
MEPs reached an agreement with national governments and the European Commission on Tuesday (30 May) to revive the continent’s securitisation market, paving the way towards the creation of a Capital Markets Union