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EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth Fine of $5.7M
EMEA Daily: Switzerland Breaks Neutrality, Freezes Russia’s Assets; Dutch Antitrust Body Hits Apple with Sixth...
February 28, 2022  |  International

In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of...

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Barclays Faces $1M Penalty Over Payments Firm Collapse
Barclays Faces $1M Penalty Over Payments Firm Collapse
February 28, 2022  |  International

Barclays Bank Plc has been fined 783,800 pounds ($1 million) by the United Kingdom’s financial regulatory body for its failure to oversee Premier FX, the...

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US Allies Escalate Financial War Against Putin, Freeze Russian Central Bank Foreign Reserves
US Allies Escalate Financial War Against Putin, Freeze Russian Central Bank Foreign Reserves
February 26, 2022  |  International

As reports of military action and casualties mount following Russia’s invasion of Ukraine, a parallel ‘financial war’ is also escalating that is aimed at isolating Moscow through a growing...

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UK PM Boris Johnson Wants Russia Booted From SWIFT
UK PM Boris Johnson Wants Russia Booted From SWIFT
February 24, 2022  |  International

U.K. Prime Minister Boris Johnson on Thursday (Feb. 24) pushed “very hard” to remove Russia from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international...

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UK Digital Bank Zopa Introduces Hybrid Savings
UK Digital Bank Zopa Introduces Hybrid Savings
February 23, 2022  |  Digital Banking

Digital bank Zopa is introducing a hybrid savings account with multiple stash “pots” and the opportunity for boosted interest rates based on length of deposit...

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EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes Crypto Rules
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022  |  International

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European...

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FCA Warns Bitpanda Over Trustology Deal
FCA Warns Bitpanda Over Trustology Deal
February 22, 2022  |  Acquisitions

The U.K.’s financial watchdog said it has its eyes on crypto platform Bitpanda’s plan to purchase the British company Trustology and can quash the deal...

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Revolut Launches UK Payroll Service
Revolut Launches UK Payroll Service
February 18, 2022  |  Payments Innovation

Online bank Revolut has launched a new payroll management service in the United Kingdom, the company announced. Called Payroll, the service will let customers manage...

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FCA ‘Concerned’ About Binance Accessing UK Payments Network
FCA ‘Concerned’ About Binance Accessing UK Payments Network
February 16, 2022  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) on Wednesday (Feb. 16) expressed concern about a deal that gives cryptocurrency exchange Binance access to U.K. payments...

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