europe directive
RSS europe directiveBanks unprepared for EU payments directive
News The cost of complying with the EU Payments Services Directive (PSD) could amount to €6bn over the next 18 months for 30 of the biggest international banks in Europe. Just under a third are worried about... [14 Jul 2008]
ICO: Data breach law moves closer
News Deputy information commissioner David Smith said proposals to revise the EU's ePrivacy Directive could be the "catalyst" needed to get data breach notification into UK law. Amendments to the directive... [03 Jul 2008]
Legal Eye: Europe's copyright controversy
Comment If a member state's copyright laws allow for private copying of already-bought material, the Copyright Directive 2001/29 demands that "adequate compensation" be made to the rights holder. The purpose of the consultation... [18 Jun 2008]
Faster payments ends wait for bank clearance
News Analysts see the EU-wide Payment Services Directive, which comes into force in November 2009, as the real launch-pad for faster payments across Europe. TowerGroup analyst Gareth Lodge expects UK banks to... [27 May 2008]
Sepa fraud risk warning for businesses
News The Single Euro Payments Area (Sepa) directive came into operation at the beginning of the year and Faster Payments protocols are due to go live in May. As Europe starts to adopt pan-continental payments... [03 Apr 2008]
MiFID compliance warning
News MiFID - the Markets in Financial Instruments Directive - came into force on 1 November 2007 and is Europe's effort to improve the way investment banks do business across the continent. He added: "Most of... [13 Mar 2008]
Legal Eye: High Court's patent sense
Comment Software patents are a controversial field - as anyone who witnessed the ferocious opposition to the European Software Directive a couple of years ago will testify. Whichever side of the line you fall, having... [13 Feb 2008]
European payment issues will top 2008 agenda
Comment The introduction of the Payment Services Directive will encourage this further, and many banks will face uncertain futures in their payments business. But Gareth Lodge argues that it is the changes in... [20 Dec 2007]
MiFID: No big bang - but it's not over yet
News MiFID - the Markets in Financial Instruments Directive - came into effect on 1 November and is Europe's effort to improve the way investment banks do business across the continent. The deadline for MiFID... [26 Nov 2007]
Europe cracks down on airline ticket websites
News The investigation looked at how closely sites are complying with the European Misleading Advertising Directive and Council Directive on Unfair Terms in Consumer Contracts. EU consumer affairs... [15 Nov 2007]
MiFID: It's finally right here, right now
News MiFID (the Markets in Financial Instruments Directive) is Europe's attempt to make financial trading easier and fairer across the continent's borders. MiFID, the European investment banking regulation,... [01 Nov 2007]
On-demand software can help banks avoid fines
Comment With adoption of the EU Third Anti-Money Laundering Directive by all member states by 15 December 2007, there is likely to be increased regulatory action. The key to the extent in which the market will develop in... [01 Nov 2007]
MiFID: No boon for small and private banks?
News While large banks and exchanges are set to grow as a result of adopting MiFID (Markets in Financial Instruments Directive), small domestic players and private banks will get little from their investment. [30 Oct 2007]
UK banks ready for MiFID, says FSA
News MiFID - the Markets in Financial Instruments Directive - is a set of regulations that update how investment banks do business by improving record keeping and encouraging 'best execution' for trades, among other things. [30 Oct 2007]
MiFID - will the banks be ready in time?
News MiFID - the Markets in Financial Instruments Directive - comes into effect on 1 November and aims to improve the way investment banks do business across Europe. BearingPoint predicts that although the... [03 Oct 2007]
