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ESMA and JFSA conclude an MoC regarding CCPs

The European Securities and Markets Authority (ESMA) and the Financial Services Agency of Japan (JFSA) have concluded a Memorandum of Cooperation (MoC). The MoC establishes cooperation arrangements between the ... Read More
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Greece submits proposed reforms in bid for loan extension

Greece has submitted a list of reform proposals to its bailout creditors, the European Commission says. The list was received “on time” before a Monday deadline, a spokesman tweeted. ... Read More

Greece to try for loan extension from eurozone

Request sees bailout terms being set aside Greece is set to submit Wednesday to the Eurogroup a request for a six-month extension to its loan agreement with its creditors, ... Read More
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Greece defies creditors, seeking credit but no bailout

Talks between Greece and euro zone finance ministers over the country’s debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as ... Read More

Wieser-Costello: They came, they saw, they left

Euroworking group chief Thomas Wieser and European Commission representative Declan Costello have departed on Monday morning from Athens, after their visit in the Greek capital which lasted only for ... Read More
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Commission To Probe All EU Advance Tax Rulings

The European Commission has announced that its ongoing inquiry into advance tax rulings will be expanded to cover all European Union member states. The Commission said on December 17 ... Read More

Cinnober selected to receive EU funding for disruptive client clearing technology

The European Commission recognizes need for real-time risk margining, multi-asset client clearing solution for the banking sector The European Commission has announced that Cinnober has been chosen to receive ... Read More
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Disney and Skype ‘used Luxembourg tax deals’

Companies including Disney and Skype have allegedly used Luxembourg tax deals, according to fresh leaks published by investigative journalists. The group of firms funnelled hundreds of millions of dollars ... Read More
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Commodity Benchmarks Seen Open to Manipulation, Law Firm Says

Almost two-thirds of commodity market participants say that benchmarks used to set the price of everything from crude oil to ethanol to zinc are vulnerable to manipulation, according to ... Read More

Sweetheart tax avoidance deals to receive greater scrutiny from the EU

Draft legislation to oblige sharing of corporation tax deals, as Germany, France and Italy pressure Juncker over Luxembourg The European commission has pledged to fast-track new legislation to establish ... Read More
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