EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

EU Regulator Loosens Requirements For Bank Mergers
EU Regulator Loosens Requirements For Bank Mergers
January 26, 2020  |  Bank Regulation

Europe’s main banking regulator, an arm of the ECB, is trying to make it easier for the continent’s financial lenders to merge. The logic is...

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EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers
EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers
January 23, 2020  |  Regulation

New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according...

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Alphabet, Microsoft Disagree On EU’s Proposed Facial Recognition Ban
Alphabet, Microsoft Disagree On EU’s Proposed Facial Recognition Ban
January 20, 2020  |  Artificial Intelligence

Microsoft President Brad Smith doesn’t agree with Alphabet Chief Executive Sundar Pichai’s backing of the EU’s call for a temporary ban on facial recognition technology,...

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EU Official Downplays 5G Delay Over Security Concerns
EU Official Downplays 5G Delay Over Security Concerns
January 19, 2020  |  Europe

European industrial policy chief Thierry Breton said Sunday that he didn’t agree with claims that waiting on European companies to install a 5G network would...

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EU Considers Tightening AI Regulations For ‘High-Risk’ Sectors
EU Considers Tightening AI Regulations For ‘High-Risk’ Sectors
January 17, 2020  |  Artificial Intelligence

Seeking to keep things ethical in the development of artificial intelligence (AI), the European Union wants to enact legally binding requirements for makers of the...

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UK Regulator Raises Reporting Requirements For Crypto Firms
UK Regulator Raises Reporting Requirements For Crypto Firms
January 16, 2020  |  Cryptocurrency

Across the pond, and on the Continent, the regulatory landscape is shifting for cryptos. Earlier this month, the U.K.’s Financial Conduct Authority (FCA) took the...

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EU Regulators Expand Scrutiny On Data Practices – And Bots
EU Regulators Expand Scrutiny On Data Practices – And Bots
January 13, 2020  |  Regulation

It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing. The dawn of 2020 brought a spate of new...

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ICO Fines Dixons Carphone £500K After Breach Affects 14M Consumers
ICO Fines Dixons Carphone £500K After Breach Affects 14M Consumers
January 10, 2020  |  Security & Fraud

Dixons Carphone is staring down the barrel of a £500,000 (about $650,000) fine by the Information Commissioner’s Office over an incident of compromised data that...

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Why Turkish Banks Are Bullish On PSD2
Why Turkish Banks Are Bullish On PSD2
January 02, 2020  |  Regulation

Banks and FinTechs in the European Union have settled into a period of harmony with the revised Payment Services Directive (PSD2). These financial institutions (FIs)...

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