European Commission

336 results about this entity

Period: 16 Nov 2001 - 22 Apr 2024

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P27 Nordic Payments secures merger approval from EU Commission

/payments

P27 Nordic Payments secures merger approval from EU Commission

The European Commission today announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is working toward the creation of a common payments infrastructure across the Nordic region.

/regulation

European Commission proposes revisions to consumer credit rules

Today, the European Commission has proposed revisions of two sets of EU rules to enhance consumer rights in a world reshaped by digitalisation and the COVID-19 pandemic.

EBAday 2021: Modernisation, a catalyst for payments utopia

/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

/security

European Commission proposes Joint Cyber Unit to tackle large-scale incidents

The Commission is today laying out a vision to build a new Joint Cyber Unit to tackle the rising number of serious cyber incidents impacting public services, as well as the life of businesses and citizens across the European Union.

/security

European Commission adopts new tools for safe exchanges of personal data

Today, the European Commission adopted two sets of standard contractual clauses, one for use between controllers and processors and one for the transfer of personal data to third countries.

EU announces European Digital Identity and Wallet framework

/identity

EU announces European Digital Identity and Wallet framework

The European Commission today proposed a framework for a European Digital Identity to be available to all EU citizens, residents and businesses in the EU as early as September 2022.

EBAday 2021: How a digital ID may shape the future of European payments

/identity

EBAday 2021: How a digital ID may shape the future of European payments

During October 2020, the European Council called for the development of an EU-wide framework for secure public electronic identification (e-ID), including interoperable digital signatures, to provide people greater control over their online identity and data, and to access public, private and cross-border digital services.

/regulation

European Commission presents new legal framework for AI

The Commission proposes today new rules and actions aiming to turn Europe into the global hub for trustworthy Artificial Intelligence (AI).

/payments

European Council endorses EU instant payment plans

EU member states want to make it easier for consumers to pay in shops, and to make e-commerce transactions widely available, convenient and safe across the EU.

Esma queries use of blockchain for EC's ambitious financial data platform

/regulation

Esma queries use of blockchain for EC's ambitious financial data platform

The EU's top regulator has questioned the use of blockchain technology in the creation of a European Single Access Point (Esap) for company financial and sustainable investment information.

GDPR: EU set to ensure free data flow with UK

/regulation

GDPR: EU set to ensure free data flow with UK

The European Commission is set to continue letting personal data flow freely between the EU and the UK post Brexit, ensuring a smooth transition for sectors that transfer banking information across the channel.

Worldline to lead EU blockchain project

/retail

Worldline to lead EU blockchain project

The European Commission has appointed Worldline to lead the 'TruBlo' project, aimed at using blockchain technology to ensure the exchange of reliable content on social networks and in the media.

/regulation

Commission approves equivalence for US central counterparties

The European Commission today adopted an equivalence decision determining that the United States Securities and Exchange Commission (SEC) regime for US central counterparties (CCPs) is equivalent to EU rules.

EC and ECB join forces to investigate digital euro

/crypto

EC and ECB join forces to investigate digital euro

The European Commission and European Central Bank are working together to investigate the policy, legal and technical questions emerging from a possible introduction of a digital euro.

/regulation

European Commission lays out terms for greenlighting LSE takeover of refinitiv

The European Commission has approved, under the EU Merger Regulation, the acquisition of Refinitiv by the London Stock Exchange Group (‘LSEG').

/security

European Commission unveils new cyber-resilience rules

Today, the Commission and the High Representative of the Union for Foreign Affairs and Security Policy are presenting a new EU Cybersecurity Strategy.

Dutch competition watchdog calls for tighter EU rules to rein in Big Tech role in payments

/regulation

Dutch competition watchdog calls for tighter EU rules to rein in Big Tech role in payments

Dutch anti-trust authorities have recommended new rules to rein in the advance of Big Tech companies in the payments arena.

EBAday 2020: Stablecoins could pose threat to level playing field in payments landscape

/crypto

EBAday 2020: Stablecoins could pose threat to level playing field in payments landscape

The level playing field of payment services could be undermined by the widespread use of stablecoin network, according to Maria Teresa Chimienti, market infrastructure expert at the the European Central Bank.

No rivalry between public and private digital currency solutions – European Commission

/payments

No rivalry between public and private digital currency solutions – European Commission

During the ‘Retail Payments Strategy’ webinar held Wednesday , the European Commission’s Eric Ducoulombier, head of retail financial services and payment unit, spoke to the subject of digital currencies and the future of a digital euro.

EU should mandate single provider for consolidated tape - MSP study

/regulation

EU should mandate single provider for consolidated tape - MSP study

A study undertaken on behalf of the European Commission recommends the creation of a single EU consolidated tape provider for financial market data.

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