European Commisson news and trends

European Commission Could Oversee Derivatives Denominated In Euros
News // May 05, 2017

The European Commission could look to have a more centralized role in overseeing derivatives, which are complex financial contracts, when they are denominated in euros. According to a report in The New York Times, the European Commission also “suggested” it could require that clearing houses, which serve...

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BEUC Backs Proposal To Ban Screen Scraping

July 12, 2017
BEUC, the European consumer interest group, is asking banking authorities to stop the practice of screen scraping, or using software to copy data off a website, reported Finextra. According to the news report regarding the intrusion of data privacy, BEUC is backing the creation of a harmonized interface for customer data sharing, which is in support […]

European Commission Could Oversee Derivatives Denominated In Euros

May 05, 2017
The European Commission could look to have a more centralized role in overseeing derivatives, which are complex financial contracts, when they are denominated in euros. According to a report in The...