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  1. "Europeans are the problem" in CCP oversight standoff

    The EC recognised four jurisdictions last week, and interestingly some of them had the exact same margin rules the Europeans find objectionable in the US. The European Commission’s (EC) refusal to recognise rules for US central counterparties (CCPs...

  2. New frontloading flap over €8bn clearing threshold

    The industry is now stepping up its efforts to have the rules amended by the EC before they go to parliament, with the principal aim being to gain more time for firms to self-assess and let counterparties know whether they believe they will be...

  3. BNP Paribas harmonises forex and equities pricing

    It works for smaller European banks that do not have the volume or capacity to go through the whole hassle of doing [the EC's Prospectus Directive II] - setting all the legal, process and documentation around some sort of structured issuance...

  4. EU Commissioner Hints at YouTube Probe After Google Investigation

    The Google investigation has been going on since 2011, with the European Commission (EC) rejecting multiple proposals for search concessions from Google. The commissioner added that the EC and its investigators would be watching Google in the future.

  5. Here's What Google's Labeled Search Results Could Look Like in Europe

    The EC also revealed some images illustrating what Google's results could soon look like. This EC document provides all the details. The European Commission is now seeking feedback on Google's cosmetic search result changes that aim to settle a...

  6. Google Submits Response to EC Antitrust Regulators

    Google has submitted a response to the European Commission (EC) over its anti-competitive business concerns, Reuters reported. Competition Commissioner Joaquín Almunia confirmed that Google submitted the documents Thursday evening, just in time for...

  7. Italy Antitrust Chief Warns of Google Publishing Monopoly

    The European Commission (EC) gave Google a July deadline to address antitrust concerns. Google has said they were working with the EC to address antitrust concerns. Senators delved into their own antitrust probe against Google following the EC's...

  8. Google Told to Fix 4 Areas in Search, Advertising to End Antitrust Inquiry

    The EC has the power to fine firms as much as 10 percent of their annual revenues, if they are found to have breached competition laws. Senators Herb Kohl and Mike Lee, both of whom last year were involved in a hearing with Eric Schmidt, Google's...

  9. Google-Motorola Acquisition Approved in U.S., EU

    Department of Justice (DOJ) and the European Commission (EC) each announced that the deal had been cleared by their respective antitrust authorities and could proceed. While the DOJ and EC both signed off the deal, officials were quick to note that...