Skip to content. | Skip to navigation

Personal tools
Sections
You are here: Home topics Finance Finance Guides
Document Actions

Finance Guides

Up one level
Guides on the EU policy on Finance.
Regulation on transparency of securities financing transactions and of reuse
Following a vote in the European Parliament, new EU rules are set to improve the transparency of certain financial transactions and help supervisors and investors better understand risks.
Completing Economic and Monetary Union - measures to strengthen EMU
Despite progress, particularly as regards reinforcement of the economic governance and the launch of the Banking Union, Europe's Economic and Monetary Union (EMU) remains incomplete. Following the presentation of the "Five Presidents' Report" by the Presidents of the Commission, the Euro Summit, the Eurogroup, the European Central Bank and the European Parliament, the Commission launched Stage 1 ("Deepening by doing") of the process of completing EMU on 1 July 2015. A package of measures adopted on 21 October 2015 by the College of Commissioners entails a revised approach to the European Semester, including through enhanced democratic dialogue and further improved economic governance, such as the introduction of national Competitiveness Boards and an advisory European Fiscal Board.
Payment Services Directive
The European Parliament adopted on 8 October a European Commission proposal to create safer and more innovative European payments. The new rules will protect consumers better when they make payments, promote the development and use of innovative online and mobile payments and make European payment services safer.
2015 Pension Adequacy Report
A new report shows that EU’s pension systems can be expected to deliver adequate pensions to future generations of retirees provided strong policies to enable workers to stay in jobs until they reach the statutory pension age are pursued.
New Investment Court System for TTIP and other EU trade and investment negotiations
The European Commission has approved its proposal for a new and transparent system for resolving disputes between investors and states – the Investment Court System.
Central clearing for interest rate derivatives - new EU rules
The European Commission adopted on 6 August new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties.
EU Strategy for the Alpine Region
The European Commission officially launched the EU Strategy for the Alpine Region (EUSALP) - the fourth EU macro-regional strategy - on 28 July. More than 70 million citizens will reap the benefits of a closer cooperation between regions and countries in terms of research and innovation, SME support, mobility, tourism, environmental protection and energy resources management. This macro-regional strategy concerns seven countries; five Member States - Austria, France, Germany, Italy and Slovenia - and two non-EU countries - Liechtenstein and Switzerland - overall involving 48 regions.
Modernising EU customs procedures
The European Commission adopted on 28 July a legal act to create a simpler, more modern and integrated EU customs system to support cross-border trade and provide for more EU-wide cooperation in customs matters. It builds on the Union Customs Code adopted in 2013, which sets out detailed rules for twenty-first century customs processes.
Company Formation in Turkey
At Ketenci&Ketenci we regularly assist foreign corporations and investors to form new companies and branches in Turkey. Thanks to the Turkish Direct Foreign Investment regulation; foreign investors can incorporate or participate in all types of companies in Turkey which are available for local investors in accordance with the equal treatment principle.
European Globalisation Adjustment Fund
During 2013-14, the European Globalisation Adjustment Fund (EGF) helped a total of 27 610 workers, who had been dismissed due to the economic crisis and the effects of globalisation, to find new job opportunities. A report adopted today shows that, during this period, the EGF provided more than €114.4 million to assist workers in 13 Member States (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Poland, Romania and Spain) in their transition and towards new job opportunities. The EGF funding was matched by another €94.1 million from national resources.
Investment Plan for Europe
The European Commission on 22 July put final building blocks in place to kick-start investment in the real economy. The Commission says the package of measures agreed will ensure that the European Fund for Strategic Investments (EFSI) is up and running by early autumn 2015, keeping the timetable set by EC president Jean-Claude Juncker to implement the Investment Plan for Europe.
MasterCard: Statement of Objections on cross-border rules and inter-regional interchange fees
The European Commission sent on 9 July a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission's preliminary view that MasterCard's rules prevent banks from offering lower interchange fees to retailers based in another Member State of the European Economic Area (EEA), where interchange fees may be higher.
Five Presidents' Report - plans to strengthen Economic and Monetary Union as of 1 July 2015
The EU Institutions' five Presidents - European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President of the European Parliament, Martin Schulz - revealed on 22 June ambitious plans on how to deepen the Economic and Monetary Union (EMU) as of 1 July 2015 and how to complete it by latest 2025.
TTIP: ISDS mechanism for resolving investor disputes
How to resolve disputes between foreign investors and states remains a thorny issue in the Transatlantic Trade and Investment Partnership (TTIP), currently being negotiated by the European Commission and the United States. One of the mechanisms for arbitrating these disputes is known as Investor-State Dispute Settlement (ISDS), but what does it really mean and what is the concept behind it? This guide details the differences between ISDS and the other options available to protect investors.
Simplifying access to European Structural and Investment Funds
The European Commission announced on 9 June its intention to create a High Level Group on simplification. Its aim is to reduce the administrative burden for beneficiaries to access the five European Structural and Investment Funds– the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund.
New status for single-member private limited liability companies
The EU presidency said on 28 May the Council has agreed on a compromise text for a draft directive aimed at creating a new status for single-member private limited liability companies.
Innovation Union Scoreboard 2015
Improving Europe's capacity to innovate and be globally competitive requires further efforts to encourage disruptive ideas and foster their commercial up-take. These are some of the conclusions to be drawn from the latest ranking of innovation performance across Europe.
European Semester 2015: country-specific updates
On 25 February, the European Commission sent a strong signal to EU Member States to carry out structural reforms and to continue consolidating their public finances. This followed the approach that the new College of Commissioners outlined in November and is at the heart of the Annual Growth Survey 2015: a fresh focus on investment, structural reforms, and fiscal responsibility.
Green light for SME financing under Europe investment plan
Small and medium-sized companies (SMEs) across Europe should be able to benefit from the first funds from the new European Fund for Strategic Investments (EFSI) before the summer, following a decision by the Board of Governors of the European Investment Bank (EIB) on 17 February.
EC Capital Markets Union to build a single market for capital
The European Commission launched on 18 February a landmark project to unlock funding for Europe’s businesses and to boost growth in the EU’s 28 Member States with the creation of a true single market for capital.