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

SWIFT, Ripple Support EU Blockchain Group Launch
SWIFT, Ripple Support EU Blockchain Group Launch
April 05, 2019  |  Blockchain

A new blockchain association has been created to promote the adoption of the technology across the European Union. Get the Full Story Complete the form to...

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France, Germany And EU Want China To Play Nice
France, Germany And EU Want China To Play Nice
March 26, 2019  |  International

The European Commission, along with France and Germany, are calling on China to open its domestic market more to foreign companies. Get the Full Story...

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Nike Receives $14.14M Fine Over Cross-Border Sales
Nike Receives $14.14M Fine Over Cross-Border Sales
March 25, 2019  |  Retail

In the latest European Union sanction related to cross-border sales, Nike received a $14.14 million — or 12.5 million euro — fine. The European Commission claimed...

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Google Faces Antitrust Fine From EU Over AdSense
Google Faces Antitrust Fine From EU Over AdSense
March 15, 2019  |  Regulation

Google and its parent company Alphabet could be facing an antitrust fine from the European Union in the coming weeks over its AdSense advertising product....

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European Commission To Create New AML Blacklist
European Commission To Create New AML Blacklist
March 10, 2019  |  AML

The European Commission vowed to compile a new list of countries that present a money laundering risk by summer as it steps up its fight...

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UK Retailers Press For Commercial Card Interchange Fee Caps
UK Retailers Press For Commercial Card Interchange Fee Caps
February 27, 2019  |  B2B Payments

The European Union’s (EU’s) battle against U.S. card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3...

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EU Mulls Ways To Speed Up Adoption Of TIPS
EU Mulls Ways To Speed Up Adoption Of TIPS
February 26, 2019  |  Faster Payments

The European Commission is looking at ways to get banks to use its TARGET Instant Payment Settlement (TIPS) system, which is designed to enable people...

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Mastercard Fined $648M Over X-Border EU Interchange Fees
Mastercard Fined $648M Over X-Border EU Interchange Fees
January 22, 2019  |  Regulation

Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially....

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UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
UK Gov’t Taps Banking Heavyweights To Fight Money Laundering
January 14, 2019  |  Security & Fraud

Aiming to fight more financial crime, the U.K. government has recruited senior executives from Barclays, Lloyds Banking and Banco Santander. Get the Full Story Complete...

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