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

European Commission FinTech Task Force Seeks Public Consultation

European Commission FinTech Task Force Seeks Public Consultation
European Commission FinTech Task Force Seeks Public Consultation
March 23, 2017  |  Cross-border Payments

The European Commission is hoping to consult with the public concerning the growing market of financial technology as the agency looks to manage policies in the sector....

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European Commission Proposes New Rules To Protect CCPs If Something Goes Wrong
European Commission Proposes New Rules To Protect CCPs If Something Goes Wrong
November 29, 2016  |  Cross-border Payments

The European Commission on Monday (Nov. 28) proposed new rules designed to ensure systemic market infrastructures within the financial system can be handled effectively when...

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EU Could Stop Google From Giving Away Mobile Software
EU Could Stop Google From Giving Away Mobile Software
November 11, 2016  |  Cross-border Payments

Google may no longer be able to give away smartphone software for free if it is ordered by regulators in the European Union to alter...

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EU Wants Basel To Look Again At Bank Risk Model Rules
EU Wants Basel To Look Again At Bank Risk Model Rules
September 30, 2016  |  B2B Payments

The European Union wants the Basel Committee on Banking Supervision to reexamine its rules governing banks’ capital requirements and restrictions on internal risk controls, according...

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