All european union articles – Page 2

  • Blog

    European Commission acts to preserve Iran Nuclear Deal


    In response to U.S. President Donald Trump’s withdrawal of the United States from the Iran Nuclear Deal, the European Commission on May 18 announced steps to preserve the interests of European companies investing in Iran and to demonstrate the EU’s commitment to the deal.

  • Blog

    EU and Mexico reach new trade agreement


    The European Union and Mexico reached a new agreement on trade, as part of a broader, modernized EU-Mexico Global Agreement. Practically all trade in goods between the EU and Mexico will now be duty-free, including in the agricultural sector.

  • Blog

    EU-Norway sign agreement, strengthening VAT fraud prevention


    The European Union and Norway this week signed an agreement that will provide EU member states and Norway with a legal framework for administrative cooperation in preventing VAT fraud and assisting each other in the recovery of VAT claims.

  • Blog

    Bank of England: New approach to supervising global banks


    The Bank of England announced that it is consulting on an updated approach to authorising and supervising branches of global banks and insurers, prompting responses from HM Treasury and the U.K. Financial Conduct Authority.

  • Blog

    CFTC issues guidance on CTA registration requirements under MiFID II


    The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight this week issued interpretative guidance, clarifying commodity trading advisor registration requirements resulting from the European Union’s MiFID II research compensation provisions for investment managers.

  • Blog

    New chapter begins in EU-Cuba relations


    A new chapter in EU-Cuba relations will be marked on 1 November 2017, with the start of provisional application of the first ever agreement between the European Union and Cuba.

  • 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.

  • Blog

    easyJet: Flying through hoops to stay in Europe


    The first in a series of case studies looking at Brexit compliance headaches examines what an airline must do in order to continue operating within the EU following a British exit from the Union.

  • Blog

    Leaving the sinking Brexit ship


    Several banks and other industries are jumping ship from the United Kingdom. But what will this all mean for compliance officers?

  • Article

    Hard Brexit, soft Brexit? U.K. can’t have its cake and eat it, too


    The U.K. is trying different ways to see if it can have its cake and eat it too when it comes to asserting its independence while still enjoying perks of EU membership.

  • Blog

    Brexit poses many environmental law challenges


    A taskforce of environmental lawyers in the United Kingdom gathered in London last month to discuss how to roll over environmental law after withdrawal from the European Union.

  • Article

    New SEC rules for securities clearing agencies may benefit EU banks


    The SEC’s new rules for enhanced operational and governance standards for systematically important securities clearing agencies might just save EU banks billions of dollars in capital surcharges. Joe Mont reports.

  • Blog

    EU tackles tax abuse in the wake of Panama Papers


    The Panama Papers document leak shed much light on a deep and pervasive effort to evade taxes. Since then, the European Union has passed a number of new rules to improve tax transparency and close tax loopholes. According to CW’s Paul Hodgson, the EU is only just getting started.

  • PrivacyShield

    EU-U.S. Privacy Shield passes: Now what?


    For any U.S. company that collects and handles data on EU citizens, the time to review privacy policies, practices and contracts with service providers and customers is now. Jaclyn Jaeger has more.

  • UnionJackTorn

    More regulatory questions than answers following Brexit vote


    CW reporter Joe Mont explores the aftermath of the Brexit vote (the United Kingdom’s recent decision to depart from the European Union): what do U.S. companies need to know; what questions require a strategic response; and where do we all go from here?

  • EuropeHoliday4

    Brexit: ‘Don’t leave me this way’


    “Don’t leave me this way,” screams a headline from Dutch daily Algemeen Dagblad. The Netherlands fears Britain’s exit will be bad for its reputation. Paul Hodgson reports.

  • Blog

    FCA advises on new EU Market Abuse Regulation


    The Financial Conduct Authority has published changes to its handbook, “Disclosure Guidance and Transparency Rules,” to help U.K.-listed companies comply with new EU Market Abuse Regulation (MAR) from 3 July this year. The handbook and MAR cover a very wide range of “market abuse” issues, such as insider dealing, improper ...

  • Blog

    EU calls for corporate tax transparency


    Image: The European Commission has proposed rules requiring multinational companies currently active in the EU’s single market with a permanent presence in the European Union and with a turnover in excess of EUR 750 million a year to disclose publicly the income tax they pay within the European Union, country ...

  • Blog

    EU rule on derivative contracts aims for financial stability


    Image: The European Commission has adopted a new set of rules that requires certain over-the-counter credit derivative contracts to be cleared through central counterparties. The rules implement a clearing obligation under the European Market Infrastructure Regulation for credit default swaps. “[The] decision marks another step towards making good on our ...

  • Blog

    Czech Bankers Concerned About New EU Rules


    Czech bankers are worried about new European rules that may pose systemic risks to countries across Europe. The legislation, which is currently being reviewed by the European Commission will cause big depositors and bondholders, instead of national regulators, to incur more losses. Bankers are worried that this could lead ...