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European Commission (EC)

Fintech start-ups in Europe to get up to €1.6bn in funding from EIF

11/11/2016(1)
The European Commission (EC) has pledged up to €400 million to the European Investment Fund’s (EIF) new fund-of-funds – for the money to be spent on start-ups in Europe, ... Read More
Ernst-Young-EY

While global response to BEPS is cautious, Europe is increasingly leading the drive toward implementation

29/03/2016(0)
Despite recent moves to formalize global tax reform, many jurisdictions are in fact reducing corporate income tax burden and rates While Europe leads BEPS implementation, most jurisdictions are yet ... Read More
EU-Commission

Commission concludes Belgian “Excess Profit” tax scheme illegal; around €700 million to be recovered from 35 multinational companies

11/01/2016(0)
The European Commission has concluded that selective tax advantages granted by Belgium under its “excess profit” tax scheme are illegal under EU state aid rules. The scheme has benefitted ... Read More
EU Commission

Financial stability: new Commission rules on central clearing for interest rate derivatives

10/08/2015(0)
The European Commission has today adopted new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties. Mandatory central clearing ... Read More
icap logo

ICAP to fight €14.9m Brussels fine

05/02/2015(0)
ICAP is to fight a €14.9m fine imposed on it by European antitrust authorities for aiding a cartel in the yen swaps markets as Brussels formally closed a portion of ... Read More
Broker Cyprus TopFX