Eu Financial News
23.11 / 15:35
Citizens
Action
Remark
Nov
show
voice
reports
Finland erects barriers at border with Russia to control influx of migrants, closes crossing points
Finnish border guards and soldiers have begun erecting barriers including concrete obstacles topped with barbed-wire at some crossing points on the Nordic country’s lengthy border with Russia
23.11 / 15:35
Action
pandemic
show
country
Department
record high
Sunak is under pressure to act as the UK's net migration figures for 2022 hit a record high
U.K. Prime Minister Rishi Sunak is facing heavy pressure from his own Conservatives to take swift action to bring down migration as new data showed net migration numbers were higher than previously thought
23.11 / 12:37
Provident
Target
Landmark
Align
country
2020
reports
BNP Paribas cracks down on mining clients with new coal policy
BNP Paribas SA is imposing new financing restrictions as part of an updated policy around how to treat clients in the mining industry. The European Union’s biggest bank will no longer provide financing to projects dedicated to the extraction of metallurgical coal, according to an emailed statement late on Wednesday. “This new commitment is part of BNP Paribas’ efforts to align its credit portfolio in the steel sector with its net zero commitment," the bank said in the email.
23.11 / 11:27
Manufacturing
Action
Experts
track
country
India must tread carefully in negotiating labour provisions in FTAs: Trade experts
European Union, and the US-led Indo Pacific Economic Framework for Prosperity (IPEF). Inclusion of these issues in trade pacts could have negative impacts, they said, adding that the recent US presidential memorandum of Joe Biden on worker rights indicates a deepening focus on labour standards in trade deals. Negotiations are on fast track with a comprehensive trade agreement with the UK, which seeks to promote trade in goods, services and two-way investments.
23.11 / 10:31
FIVE
Citizens
performer
country
cover
musician
information
Denmark to allow some foreigners to work in the country without residence or work permits
Denmark is making it easier for some foreign workers to work in the country. On November 17, Denmark implemented new regulations enabling certain foreign nationals to work within its borders for short durations without the need for a residence and work permit. To qualify for this exemption, applicants must be employed by a foreign company affiliated with a Danish establishment, and the Danish company should have a workforce of at least 50 employees.
23.11 / 10:16
Waters
economy
President
Celebrity
country
information
gatherings
European stocks edge higher ahead of key PMI data, ECB minutes
Investing.com — European stock markets edged higher Thursday, as investors awaited the minutes from the October ECB meeting as well as the latest regional business activity data.
23.11 / 09:47
Adoption
regulation
Europe
European Union
Bitcoin Regulation
MICA
FTX collapse, Binance’s US settlement provides strong case for MiCA regulations
The collapse of FTX in 2022 and Binance’s recent $4.3 billion settlement with U.S. authorities provide a strong argument for the provisions of the European Union’s markets in crypto-assets (MiCA) legislation, a European Commission official said in an interview.
23.11 / 09:27
regulation
Europe
privacy
European Union
Italian regulators investigate online AI data scraping
The Italian Data Protection Authority, a local privacy regulator, announced the launch of a “fact-finding” investigation on Nov. 22, in which it will look into the practice of data gathering to train artificial intelligence (AI) algorithms.
23.11 / 08:44
Booking
Remark
voice
reports
dutch
Far-right leader Geert Wilders, who defended Nupur Sharma over Prophet remark, is new Dutch PM: All about him
AFP. He was headed for a massive parliamentary election victory on Wednesday that may also send shockwaves through Europe. His election program includes calls for a referendum on the Netherlands leaving the European Union, a total halt to accepting asylum-seekers, and migrant pushbacks at Dutch borders.
23.11 / 06:24
Racing
Continental
social
Geert Wilders, known as ‘Dutch Donald Trump,’ wins big in Netherlands election
The far-right, anti-Islam populist Geert Wilders was headed for a massive parliamentary election victory Wednesday in one of the biggest political upsets in Dutch politics since World War II, and one that is bound to send shockwaves through Europe.
22.11 / 22:41
Blockchain
BLOCK
Digital
economy
President
country
Belgium Moves to Accelerate EU Blockchain Infrastructure Project
The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024.
22.11 / 19:31
regulation
UK
Treasury
financial conduct authority
FCA
Autumn Statement 23
Powers proposed for FCA to implement UK retail disclosure framework
The initial draft was published earlier in July, but this updated covers the 'near final version' of the rules, although the Treasury will continue to seek 'technical comments' until 10 January 2024. | Credit: iStock
22.11 / 17:19
Target
Action
Nov
country
innovations
2020
reports
COP28 to begin from Nov 30: Private sector investment, CO2 emissions among 8 other key themes on agenda
Emissions mitigation targets: The first global stocktake report found that the current emissions reduction targets that countries have established, as part of their commitments under the Paris Agreement, are insufficient to meet the overarching goal of the Agreement to ideally limit the global temperature rise to 1.5 degrees Celsius above pre-industrial levels. 2.Phase out fossil fuel: The European Union has announced that it will be bringing a proposal to phase out unabated fossil fuel use to COP28.
22.11 / 16:29
Treasury
AIC
Wealth Club
VCTs/EIS
EIS
Autumn Statement 23: VCT and EIS sunset clauses extended by a decade
The government said it will extend them by a decade to 6 April 2023, after the Treasury confirmed last month the clauses would be expanded to April 2025.
22.11 / 15:31
UK
financial conduct authority
Investment trusts
Chancellor Jeremy Hunt
Autumn Statement 23
Autumn Statement 23: FCA mulls 'interim solutions' to address investment trust cost disclosure concerns
The FCA is considering “interim solutions” to mitigate the impacts on the investment company sector in the short term, as the government “acts to implement a long-term legislative solution to the issue”.
22.11 / 13:33
Blockchain
Adoption
Europe
European Union
Euro
Belgium seeks to reboot EU blockchain infrastructure project
According to the country's government, Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union in early 2024.
22.11 / 07:05
BLOCK
Align
President
European Commission
country
travelers
Poland set to get more than 5 billion euros in EU money after commission approves recovery plan
Poland is expected to receive more than 5 billion euros ($5.5 billion) in EU funds after the European Commission gave a positive assessment of the country’s revised plan for green reforms and investments
22.11 / 07:05
Cooper
Progressive
Manufacturing
President
country
cover
2020
South Korea's president to talk trade, technology and defense on state visit to the UK
The leaders of Britain and South Korea are seeking to strengthen trade and defense ties between their countries during a state visit to the U.K. by President Yoon Suk Yeol
22.11 / 07:05
21.11 / 20:59
BLOCK
Binance
Tether
Southern
country
information
reports
freeze
Cryptocurrency companies freeze accounts to block Hamas funding - report
Israeli authorities have ordered dozens of cryptocurrency accounts to be closed following the October 7 attack by Hamas on the southern part of the country, the Financial Times reported on Tuesday.
21.11 / 20:18
Assurant
electronic
testing
guidelines
consultation
EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets
The European Banking Authority (EBA) released a consultation paper dated 08 November 2023, outlining proposed guidelines for liquidity stress testing of asset reference tokens as mandated by the newly instituted Regulation (EU) 2023/1114. This document, identified as EBA/CP/2023/27, sets forth the framework for common reference parameters for these stress tests, reflecting the regulatory focus on the stability and resilience of the crypto market.
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