Tag Archives: Week News,Press Release,ECON :: Economic and Monetary Affairs,Economic and Monetary Affairs

Occupational Pensions: MEPs adopt revised EU laws

The ALDE Group has today welcomed the adoption, by the European Parliament’s Economic and Monetary Affairs Committee, of updated EU legislation on the activities and supervision of institutions for occupational retirement provision. This…

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European Parliament Votes to End Interest Rate Fraud by Banks

Today, the European Parliament voted with an overwhelming majority to approve legislation introduced by ALDE MEP Cora van Nieuwenhuizen (VVD, Netherlands) aimed at ending the stream of scandals regarding manipulation of financial indices,…

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LIBOR FRAUD: NEVER AGAIN

Today, the European Parliament has taken an important step in preventing the manipulation of financial benchmarks such as the London Interbank Offered Rate (Libor) and Euribor. Rapporteur Cora van Nieuwenhuizen (VVD, Netherlands) tabled a…

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New rules for Money Market Funds industry adopted

The Economic Affairs Committee in the European Parliament this morning adopted new rules for Europe’s trillion euro money market funds industry, aimed at avoiding investor runs in a crisis.

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Commission shies away from triggering sanction mechanism against France

The European Commission last night announced that no sanction mechanism should be introduced on France for its excessive deficit. The Commission will instead recommend to the European Council that the French Government is given until 2017…

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EU Anti-money laundering deal struck

A deal was reached late last night on new EU anti-money laundering rules. The proposed new laws will mean that owners of companies will have to be listed in central registers in EU countries, accessible to people with a “legitimate intere…

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