European Commission

European Commission proposes new bad loan rule for banks

The European Commission has unveiled a proposal that will force the banks operating in the EU area to set aside…

European Commission unveils action plan for financial services digital transformation

The European Commission (EC) has unveiled a 23-step 'Fintech Action Plan' to tap opportunities presented by technologies and help in…

European Commission launches probe into banking sector over data sharing concerns

The European Commission (EC) has carried out inspections on Dutch and Polish banking associations to determine whether they are restricting…