Tag: European Union


The Bank of London formally submits application for EU banking licence

July 12, 2023

Via: FinTech Futures

The European Central Bank and Commission de Surveillance du Secteur Financier (CSSF) have jointly lodged the submission in Luxembourg. The announcement has been accompanied by the firm’s commitment to invest €200 million in Luxembourg and across the wider region to […]

Activity, Investment Banking

Foreign direct investment reviews 2021: European Union

December 27, 2021

Via: JD Supra

“Some national FDI regimes determine filing requirements or intervention rights based solely on the size of the stake acquired” While there is no standalone foreign direct investment (FDI) screening at the EU level, the EU continues to push for a […]


Mastercard is fined $650 million by the European Union

January 22, 2019

Via: Market Watch

The European Union fined Mastercard Inc. €570.6 million ($648.2 million) over charges it artificially raised the costs of card payments inside the bloc, continuing a European crackdown on U.S. credit-card companies over fees. The European Commission, the bloc’s top antitrust […]