On finance, ‘Think Sustainability First’

‘Think Sustainability First’ must be a principle that guides financial policymaking through this decade and the next if Europe is to have the means to match its global ambitions, writes Arlene McCarthy.
Economy & Jobs 12-01-2018

Turning the page on the eurozone crisis: Economy and Finance in 2018

On the tenth anniversary of the financial crisis, the European Union will definitively turn the page on the worst economic crisis in its history with the closure of the Greek rescue programme and the last excessive deficit procedures, while adopting the biggest overhaul of its financial sector in years.
Economy & Jobs 11-01-2018

MiFID II passes first implementation test

Despite past concerns and some delays, legislators, regulators and experts were positive about the first week since the entry into force of the Markets in Financial Instruments Directive on 3 January, seen as the biggest reform of the financial sector since the 2007-2008 crisis.
Economy & Jobs 03-01-2018

Most member states unprepared for sweeping new financial market rules

A sweeping overhaul of EU financial market rules went into effect on Wednesday (3 January), but only 11 member states met the deadline to start applying the new rules.
Digital 18-11-2016

Romania and EU agencies smash cybercrime gang

Romanian police have smashed, with the help of European law enforcement agencies, a computer fraud gang accused of stealing millions of euros from unsuspecting victims, officials said Thursday (17 November).
Euro & Finance 13-09-2016

A cashless society is a fairer society

Greater transparency is key to combatting VAT fraud and the shadow economy, writes Jason Lane.
Brexit 30-06-2016

Hollande says post-Brexit City must relinquish euro business

Britain's City of London financial district would have to give up its role in processing euro currency transactions after it leaves the European Union, French President François Hollande warned on Wednesday (29 June).
Euro & Finance 10-11-2015

EU poised to delay landmark financial markets reforms

The European Union's major reform of financial market rules faces a delay of a year to January 2018 to give the financial services industry more time to prepare, a senior European Commission official said on Tuesday (10 November).

Commodity ‘speculators’ targeted in EU-wide securities reform

Europe-wide curbs on commodity "speculators", more light on the bond markets, and reinforced controls on ultra-fast trading were proposed by European Union regulators on Monday (28 September).
Development Policy 15-07-2015

Financiers attack EU rules against food speculation

The EU’s Markets in Financial Instruments Directive (MiFID) II is supposed to prevent excessive food speculation. But Oxfam says the financial sector is fighting stricter rules, with grave repercussions. EURACTIV Germany reports.
Euro & Finance 15-07-2014

MiFID II is giving market makers mixed messages

Proposed revisions to the Market in Financial Instruments Directive (MiFID II) is giving market makers, many of whom use high frequency trading methods, mixed messages. This could hurt their ability to provide liquidity to European financial markets, especially if their remuneration is limited by lawmakers, writes Johannah Ladd.
Euro & Finance 29-10-2012

MEPs approve ban on ultrafast trading

Europe's first direct curbs on ultrafast trading and investors who take bets on commodity prices moved a step nearer on Friday (26 October) when the European Parliament backed new securities rules.