European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

US and EU Reach Preliminary Deal to Continue Data Flows

US and EU Reach Preliminary Deal to Continue Data Flows
US and EU Reach Preliminary Deal to Continue Data Flows
March 25, 2022  |  Data & Research

U.S. President Joe Biden and European Commission President Ursula von der Leyen announced on Friday (March 25) that the U.S. and the European Union have...

READ MORE >
EU Digital Markets Act Applies to Big Tech and Not-So-Big Tech 
EU Digital Markets Act Applies to Big Tech and Not-So-Big Tech 
March 25, 2022  |  Legal & Regulation

The new European Digital Markets Act which aims to rein in Big Tech may enter into force by the end of the year after the...

READ MORE >
Apple Could Play This Card to Delay Implementation of EU App Store Bill
Apple Could Play This Card to Delay Implementation of EU App Store Bill
March 18, 2022  |  Apple

Apple is facing regulatory headwinds that may threaten its App Store revenue. However, the Cupertino, California-based company still has some legal arguments that could help...

READ MORE >
Companies Collaborate With Regulators to Limit AI Biases
Companies Collaborate With Regulators to Limit AI Biases
March 14, 2022  |  Artificial Intelligence

One area where companies involved in artificial intelligence (AI) are focusing most of their efforts is in reducing unfair bias, Matteo Quattrocchi, director for policy...

READ MORE >
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  |  Cross-border Payments

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...

READ MORE >
EU Data Strategy May Facilitate Open Finance in Europe
EU Data Strategy May Facilitate Open Finance in Europe
March 11, 2022  |  Legal & Regulation

Since 2016, the European Commission has been designing a data strategy that aims to facilitate companies’ access to vast amounts of data they couldn’t access...

READ MORE >
In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
March 10, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
EU Pressed to Accelerate Crypto Frameworks vs AML, Sanctions Evasion
EU Pressed to Accelerate Crypto Frameworks vs AML, Sanctions Evasion
February 25, 2022  |  Cryptocurrency

Amid war, bitcoin and other cryptos are in the crosshairs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >