European Commission

Clamp down on retail products

The Greek market has dropped 23% this morning as it reopened after a five week shutdown, implemented while the country battled to remain in the eurozone.

The European Securities and Markets Authority (ESMA) has delayed its review of standards for MiFID II until September, cutting the amount of time the industry will have to assess proposals ahead of implementation.

The Wealth Management Association (WMA) is calling for an overhaul of the retail bond market in order to make it more accessible to wealth managers and their clients.

Nick Cumming, director at Technical Fund Marketing, explains the regulator's plans around the introduction of key information documents for PRIIPs, what this means for product providers with funds on life platforms, and why the industry may not be ready...

How Romania’s growing GDP is outpacing the EU

Is a crisis engulfing the eurozone’s core?

Going green with tougher environmental regulation

The UK financial services industry's hand in European Union negotiations has been strengthened by the surprise appointment of a Conservative peer to the key role of EU commissioner for financial services.

Lloyds Banking Group has announced plans to float a 25% stake in its TSB business next month in a bid to meet European rules on state aid for banks.