EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Europe Needs New Rules to Be Global Leader in Payments, Says EU Commissioner
Europe Needs New Rules to Be Global Leader in Payments, Says EU Commissioner
December 22, 2021  |  Regulation

EU Commissioner for Financial Services Mairead McGuinness delivered a speech in November at the annual conference of the European Payment Institutions Federation that encapsulated the...

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European Cloud Project Kicks off Without US, Chinese Firms
European Cloud Project Kicks off Without US, Chinese Firms
December 15, 2021  |  International

The European Commission launched on Tuesday (Dec. 14) the European Alliance for Industrial Data, Edge and Cloud. This project is part of the European Data...

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EU’s ‘Single Market for Data’ Could Take Cues from British Open Banking Rules
EU’s ‘Single Market for Data’ Could Take Cues from British Open Banking Rules
December 15, 2021  |  Data

As the European Union embarks on a journey to create a European strategy for data that will create a “single market for data,” one of...

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EU May Regulate How Gig Platforms Use Algorithms
EU May Regulate How Gig Platforms Use Algorithms
December 14, 2021  |  Regulation

The European Union announced on Dec. 9 a legislative package with proposals to improve the working conditions of people using digital labor platforms. While many...

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Facebook Faces Lawsuits Over Alleged Privacy Violations  
Facebook Faces Lawsuits Over Alleged Privacy Violations  
December 02, 2021  |  Facebook

Social media giant Facebook could face potential litigation from European consumer groups stemming from its collection of personal information related to games available on the...

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EU Competition Chief Urges Final Push To Pass Big Tech Rules
EU Competition Chief Urges Final Push To Pass Big Tech Rules
November 29, 2021  |  Regulation

Legislation regulating Big Tech should be approved ASAP by the European Parliament and European Council because “it is best to get 80 percent now than...

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European Banks Seek EU Exemptions to Access London Trading Markets
European Banks Seek EU Exemptions to Access London Trading Markets
November 28, 2021  |  International

Banking groups in the Eurozone want access to the London derivatives trading market — a multi-trillion dollar market — and other major markets. Get the...

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EU’s Digital Market Act Clears Hurdle, Would Set Restrictions on Social Media Platforms
EU’s Digital Market Act Clears Hurdle, Would Set Restrictions on Social Media Platforms
November 28, 2021  |  Regulation

The European Parliament Committee on Internal Market and Consumer Protection (IMCO) has approved the Digital Markets Act (DMA) to put more stringent rules about big...

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Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross Border Commerce

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

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