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

Big Tech Increasingly In Regulators’ Spotlight — And Crosshairs

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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EU Watchdog To Decide On Data Availability
EU Watchdog To Decide On Data Availability
December 26, 2018  |  Legal & Regulation

The European Data Protection Board will soon decide if financial regulators around the world can freely engage in the exchange of cross-border information. Get the...

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