European Commission

The revised Mifid rules are likely to separate swap-based and physically-based ETFs as part of a division of Ucits.

The draft Markets in Financial Instruments Directive II (MiFID II) published today limits the ban on receiving commission payments from product providers to independent financial advisers.

A ‘Robin Hood' tax on financial transactions will hit pensions and UCITS funds hard, the Investment Management Association (IMA) warns.

The FTSE has opened trading in positive territory amid signs European policy makers are moving to stem the eurozone debt crisis.

Whilst the president of the European Commission remains upbeat on Europe's economic credentials, the IMF warns of a worrying global downward spiral and RBS faces the prospect of a billion-dollar damages bill. We round up today's papers for you.

The downgrading of Portugal's debt to 'junk' status by Moody's earlier this week has led to renewed criticism, this time from the European Commission (EC), of the role and behaviour of credit ratings agencies.

Financial services businesses have been told they will have to notify authorities if they lose customer data or suffer any data security breaches.

European governments yesterday discussed the prospect of a fresh multi-billion euro bailout for Greece - just a year after committing €110bn - in a bid to calm the markets and stabilise the region's currency.

Solvency II-style capital requirements for UK pensions schemes will be put in place by the European Commission before the end of the decade, industry sources said.

The Treasury has confirmed the RDR will not impact upon the ability of firms based in Europe to advise clients in the UK, although it insists the use of passporting to evade regulation will not be permitted.