All European Parliament articles
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PremiumBarclays is axing its bonus caps. Is it also ditching good governance?
Four years post-Brexit, London-based Barclays became the first British bank to scrap bonus caps for its traders that were meant to curb excessive risk-taking with client cash, improve corporate governance, and restore faith in an industry most working people still hold responsible for 15 years of economic misery.
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PremiumEU charts green path forward with ECT withdrawal, new regs
The impending decision by the European Parliament to withdraw from the international Energy Charter Treaty and adopt further climate rules sets a clear direction for green regulations in the region.
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PremiumAs AI Act moves forward, concerns of undermined GDPR persist
The European Union wants to bolster tech innovation within the single market as artificial intelligence is predicted to catapult economic growth, but some have expressed fears AI use might conflict with levels of automatic protection expected under the General Data Protection Regulation.
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News BriefEU lawmakers float changes to AI Act to account for ChatGPT
The European Union’s draft law to regulate artificial intelligence must be updated to include overarching controls on chatbots like ChatGPT, a group of European Parliament members wrote in an open letter.
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ArticleCWE panel: GDPR ‘the start of a culture of data protection’
Belgian Data Protection Authority head David Stevens and Member of European Parliament Axel Voss discussed ways the General Data Protection Regulation could be improved for the future during a keynote at CW’s virtual Europe event.
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ArticleEuropean Commission: No Privacy Shield replacement in sight
The European Commission this week warned there will be “no quick fix” to replace the now-invalidated Privacy Shield, which governed data transfers between the European Union and United Sates.
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ArticleEDPS flags data protection issues on EU institutions’ Websites
Seven our of 10 major EU Websites have issues relating to data security and protection, according to an inspection by the European Data Protection Supervisor.
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ArticleEuropean Union adopts law to protect gig workers
Gig workers in the European Union—those workers in nontraditional roles—have been granted new rights by the European Parliament.
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Blog
EU legislators reach agreement on revised Anti-Money Laundering Directive
The European Parliament and the Council of the European Union have reached an agreement on amendments to a fifth revision of the Anti-Money Laundering Directive, proposed by the European Commission last year. The revised Directive covers virtual currencies and anonymous pre-paid instruments and introduces enhanced safeguards for financial flows from ...
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Blog
e-Commerce and tax e-Vasion
The European Union and the tech industry are locked in a perpetual struggle over taxation, but the EU is making moves to close certain tax avoidance avenues for good.
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Article
Inditex €585m (U.S.$626M) tax sidestep could have big ripple effects
A massive tax avoidance scheme by a global clothing retailer could promote much tighter corporate tax rules across Europe. Neil Hodge reports.