European Banking Authority

The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.

MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.

European Banking Authority said on Monday that it has been hit by the wide-ranging hack into the Microsoft email system. The company has blamed Chinese hacking group Hafnium for the attack.

The European Banking Authority, a key EU financial regulator, says it has fallen victim to a hack of its Microsoft email system which the US company blames on a Chinese group.

The European Commission stands ready to cooperate with central banks and other authorities to quell market turbulences that may follow the Brexit vote in the coming weeks and months, the vice president of the EU executive said today.

European Central Bank head Mario Draghi said the chief monetary authority for the eurozone "will not hesitate" to expand its stimulus program at its next meeting if needed to support the economy.

Prime Minister Alexis Tsipras today faced a new test of his authority in parliament, where lawmakers were to vote on a second batch of reforms to help unlock a bailout for Greece's stricken economy.

Indonesia's central bank became the 18th to ease monetary policy this year, surprising markets on Tuesday by cutting interest rates in the face of tame inflationary pressures only three months after raising them.

A series of Reuters interviews with officials, bankers and others involved in the European Central Bank's financial inspection of the euro zone's biggest banks shows that in the seven months since it began, the ECB has had to shoot down countless pleas from banks and national supervisors for special treatment.

After French giant BNP Paribas, other big European banks like Credit Agricole, Deutsche Bank and UniCredit may be in the cross-hairs of US authorities for sanctions-busting.

Of that total, 1,809 worked in investment banking, 85 in retail banking, 182 in asset management and 360 in other business areas, the EBA said in a report which is part of data-gathering efforts as it draws up rules to help it apply the bonus cap.

European Union regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.

After more than 14 hours of talks and following months of tortuous negotiations, finance ministers from the European Union's 27 countries agreed to hand the ECB the authority to directly police the euro zone's biggest banks and intervene in smaller banks at the first sign of trouble.

Spain urged the euro zone to set up a new fiscal authority to manage the bloc's finances.

Mario Draghi heaped criticism on European political leaders for being slow to respond to the 2½-year crisis

The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.

MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.

European Banking Authority said on Monday that it has been hit by the wide-ranging hack into the Microsoft email system. The company has blamed Chinese hacking group Hafnium for the attack.

The European Banking Authority, a key EU financial regulator, says it has fallen victim to a hack of its Microsoft email system which the US company blames on a Chinese group.

The European Commission stands ready to cooperate with central banks and other authorities to quell market turbulences that may follow the Brexit vote in the coming weeks and months, the vice president of the EU executive said today.

European Central Bank head Mario Draghi said the chief monetary authority for the eurozone "will not hesitate" to expand its stimulus program at its next meeting if needed to support the economy.

Prime Minister Alexis Tsipras today faced a new test of his authority in parliament, where lawmakers were to vote on a second batch of reforms to help unlock a bailout for Greece's stricken economy.

Indonesia's central bank became the 18th to ease monetary policy this year, surprising markets on Tuesday by cutting interest rates in the face of tame inflationary pressures only three months after raising them.

A series of Reuters interviews with officials, bankers and others involved in the European Central Bank's financial inspection of the euro zone's biggest banks shows that in the seven months since it began, the ECB has had to shoot down countless pleas from banks and national supervisors for special treatment.

After French giant BNP Paribas, other big European banks like Credit Agricole, Deutsche Bank and UniCredit may be in the cross-hairs of US authorities for sanctions-busting.

Of that total, 1,809 worked in investment banking, 85 in retail banking, 182 in asset management and 360 in other business areas, the EBA said in a report which is part of data-gathering efforts as it draws up rules to help it apply the bonus cap.

European Union regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.

After more than 14 hours of talks and following months of tortuous negotiations, finance ministers from the European Union's 27 countries agreed to hand the ECB the authority to directly police the euro zone's biggest banks and intervene in smaller banks at the first sign of trouble.

Spain urged the euro zone to set up a new fiscal authority to manage the bloc's finances.

Mario Draghi heaped criticism on European political leaders for being slow to respond to the 2½-year crisis