European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Google Gets Hit With Third EU Fine Over Its Business Practices

Google Gets Hit With Third EU Fine Over Its Business Practices
Google Gets Hit With Third EU Fine Over Its Business Practices
March 20, 2019  |  Legal & Regulation

Google was slapped with a fine of €1.49 billion ($1.7 billion) by the European Union Wednesday (March 20), holding the internet search giant to task...

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Big Tech Increasingly In Regulators’ Spotlight — And Crosshairs
Big Tech Increasingly In Regulators’ Spotlight — And Crosshairs
March 18, 2019  |  Legal & Regulation

It’s been a whirlwind few weeks — OK, make that months — for big tech firms as regulators look ever more closely at business tactics....

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UK Chancellor Hammond Warns Again About No-Deal Brexit
UK Chancellor Hammond Warns Again About No-Deal Brexit
March 13, 2019  |  Economy

In a new warning about the U.K. leaving the European Union without a deal, Chancellor of the Exchequer Philip Hammond said people will be worse...

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Pan European Regulator: Key Weapon In Money Laundering War?
Pan European Regulator: Key Weapon In Money Laundering War?
March 12, 2019  |  Legal & Regulation

Among the latest headlines swirling in FinTech: Digital bank Revolut, based in the United Kingdom, has taken on an adviser, along with filling new positions,...

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EU Will Not Implement Digital Tax, Agrees To Internet Tax Reform
EU Will Not Implement Digital Tax, Agrees To Internet Tax Reform
March 06, 2019  |  Legal & Regulation

The European Union has announced that it will not move forward with a digital tax plan covering the entire EU, but also said it would...

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Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
Brexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
March 03, 2019  |  Europe

Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of customers. While national...

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FinTech Firms Combine KYB With KYC For Identity Verification
FinTech Firms Combine KYB With KYC For Identity Verification
January 30, 2019  |  Startups

With the fifth European Union (EU) Anti-Money Laundering Directive (AMLD 5) coming into force and raising a concern over the fourth AMLD, beneficial ownership is becoming front-and-center for...

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UK Mortgages, Credit Demand To Decline Pre-Brexit
UK Mortgages, Credit Demand To Decline Pre-Brexit
January 17, 2019  |  Cross-border Payments

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...

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