European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

POM: Fighting Late Payments By Easing Invoice Payments Friction
POM: Fighting Late Payments By Easing Invoice Payments Friction
September 05, 2018  |  B2B Payments

Suppliers and vendors may feel a lack of control when it comes to accounts receivable. Once an invoice is sent out, it may seem largely...

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Bank Of England’s Carney Signals He Will Stay On Past His Term
Bank Of England’s Carney Signals He Will Stay On Past His Term
September 04, 2018  |  International

With the U.K. gearing up to leave the European Union, the country got a little bit of stability when Bank of England Governor Mark Carney...

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The SWIFT Debate, In Europe And Beyond
The SWIFT Debate, In Europe And Beyond
August 30, 2018  |  B2B Payments

There may be no swift end to this SWIFT debate. Germany’s foreign minister, Heiko Maas, said late this month that there should be an alternative...

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SWIFT Debate Shows Politics, Payments Make Strange Bedfellows
SWIFT Debate Shows Politics, Payments Make Strange Bedfellows
August 29, 2018  |  Global Payments

The headlines all play on  the name “SWIFT” in some form or another: “Germany Wants A Swift End To SWIFT,” or “Some Critics Want A...

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European Commission Fines Asus, Denon & Marantz, Philips, Pioneer
European Commission Fines Asus, Denon & Marantz, Philips, Pioneer
July 24, 2018  |  ANTITRUST

The European Commission announced on Tuesday (July 24) that it fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer...

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European Commission Looking Into Thales’ Proposed Acquisition Of Gemalto
European Commission Looking Into Thales’ Proposed Acquisition Of Gemalto
July 23, 2018  |  Partnerships / Acquisitions

Gemalto, the digital security company that is being acquired by Thales, the French aerospace and defense company, will see the European Commission launch an in-depth...

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European Finance Leaders Want More Progress On Digital Company Tax
European Finance Leaders Want More Progress On Digital Company Tax
July 23, 2018  |  International

The finance leaders in Europe called for more progress to be made on rules for taxing digital companies during a G20 meeting of finance ministers...

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Brussels Rebuffs UK Post-Brexit FinServ Plan
Brussels Rebuffs UK Post-Brexit FinServ Plan
July 23, 2018  |  Europe

Brussels has rejected the U.K.’s proposals on how to govern London’s access to the European market after Brexit. According to the Financial Times, Brussels said that...

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Copyright Revamp In EU Gets Thumbs Down From Lawmakers (For Now)
Copyright Revamp In EU Gets Thumbs Down From Lawmakers (For Now)
July 05, 2018  |  International

The copyright re-tooling will not be as onerous as some had feared, it seems. Reuters reported on Thursday (July 5) that lawmakers in the European Union...

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