cma

Meta Challenges Order to Kill $315M Deal to Acquire Giphy
Meta Challenges Order to Kill $315M Deal to Acquire Giphy
April 25, 2022  |  ANTITRUST

Meta Platforms Inc. is fighting allegations by the United Kingdom’s antitrust watchdog that the tech giant is violating anticompetitive rules, Bloomberg reported Monday (April 25)....

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EMEA Daily: Regional Central Bank Alliances May Shape the Digital Dollar’s Future; Amsterdam Startup ParkBee Closes $33M Financing Deal
EMEA Daily: Regional Central Bank Alliances May Shape the Digital Dollar’s Future; Amsterdam Startup ParkBee...
March 22, 2022  |  International

In today’s top Europe, Middle East and Africa news, the Swiss-based Bank for International Settlements has completed trials of blockchain-based platforms, while Dutch startup ParkBee...

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EMEA Daily: UK Regulator Orders Barclays to Correct Breaches; Russian Court Rules Meta an ‘Extremist’ Organization
EMEA Daily: UK Regulator Orders Barclays to Correct Breaches; Russian Court Rules Meta an ‘Extremist’...
March 21, 2022  |  International

In today’s top Europe, Middle East and Africa news, the U.K.’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available...

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UK Regulator Orders Barclays to Correct Breaches
UK Regulator Orders Barclays to Correct Breaches
March 21, 2022  |  Bank Regulation

The United Kingdom’s banking regulator has ruled that Barclays Bank UK Plc has failed to make available accurate, comprehensive and timely information on its products...

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UK’s CMA Clarifies Variable Recurring Payments to Foster Open Banking
UK’s CMA Clarifies Variable Recurring Payments to Foster Open Banking
March 15, 2022  |  Bank Regulation

In July 2021, the U.K. Competition and Markets Authority (CMA) mandated the use of variable recurring payments (VRPs) as a mechanism to allow the automatic...

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EMEA Daily: Revolut CRO Leaves to Start Crypto Platform; FCA Pulls Plug on UK Crypto ATMs
EMEA Daily: Revolut CRO Leaves to Start Crypto Platform; FCA Pulls Plug on UK Crypto...
March 11, 2022  |  International

In today’s top Europe, Middle East and Africa news, Revolut’s chief revenue officer is planning on leaving the U.K.-based financial company to launch a cryptocurrency...

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UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
February 24, 2022  |  Banking

The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. Charlotte Crosswell, chair of the Open Banking...

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EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M
EMEA Daily: CMA: JD Sports, Footasylum Held Improper Meetings; Spain’s BBVA Backs Brazil’s Digital Bank...
February 14, 2022  |  International

In today’s top Europe, Middle East and Africa news, the U.K.’s Competition and Markets Authority (CMA) fined retailers JD Sports and Footasylum $6 million for sharing commercially...

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CMA: JD Sports, Footasylum Held Improper Meetings
CMA: JD Sports, Footasylum Held Improper Meetings
February 14, 2022  |  Regulation

The U.K.’s competition watchdog has fined sportswear retailer JD Sports and sneaker seller Footasylum $6 million (4.6 million pounds) for sharing commercially sensitive information. As...

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