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Results: 1-10 of 239

Account switching made easier

  • A&L Goodbody
  • -
  • European Union
  • -
  • December 31 2008

The European Banking Industry Committee (EBIC) has approved a set of common principles which shall be applied in the EU from 1st November 2009 and will make switching accounts from one bank to another in the same Member State easier

Central counterparty service for securities lending transactions

  • A&L Goodbody
  • -
  • European Union
  • -
  • December 31 2008

Eurex Clearing AG (Eurex Clearing) and Clearstream Banking Luxembourg S.A. have announced that, subject to regulatory approval, a central counterparty clearing service ("CCP") for securities lending transactions will be introduced in the second quarter of 2009

New EU guidelines on acquisitions and increases in financial holdings in regulated entities

  • A&L Goodbody
  • -
  • European Union, United Kingdom
  • -
  • December 31 2008

On 18 December 2008, the Committee of European Banking Supervisors (CEBS), CEIOPS and the Committee of European Securities Regulators (CESR) published their guidelines for the prudential assessment of acquisitions and increases in financial holdings as required by Directive 200744EC on the procedural rules and evaluation criteria for the prudential assessment of acquisitions and increase of holdings in the financial sector

Commission study on regulations applying to non-credit institutions that provide mortgages

  • A&L Goodbody
  • -
  • European Union
  • -
  • December 31 2008

The European Commission has published a study on the regulations applying to non-credit institutions that provide mortgages across the EU

Commission gives green light for sale of assets of UK's Bradford & Bingley plc to Banco Santander's UK subsidiary Abbey National plc

  • A&L Goodbody
  • -
  • European Union, United Kingdom
  • -
  • February 23 2009

The Commission has cleared, on competition grounds, the acquisition of certain assets of UK mortgage bank Bradford & Bingley by Abbey, the UK arm of Banco Santander

Recapitalisation of Anglo Irish Bank approved by the Commission

  • A&L Goodbody
  • -
  • European Union, Ireland
  • -
  • February 23 2009

Notwithstanding its recent rapid nationalisation, the Commission had earlier granted approval, under EC Treaty state aid rules, for an emergency recapitalisation of Anglo Irish Bank by the Irish Government

CEBS public hearing on transparency

  • A&L Goodbody
  • -
  • European Union
  • -
  • May 30 2009

The CEBS have organised a public hearing in London on 28 May 2009 to present and discuss the findings of its follow up work in assessing banks' transparency

EBA publishes consumer trends report

  • A&L Goodbody
  • -
  • European Union
  • -
  • April 9 2013

On 18 March the European Banking Authority (EBA) published its annual report on consumer trends which provides a review of the consumer protection

British Bankers' Association helps banks categorise derivatives trades for EU regulations

  • A&L Goodbody
  • -
  • European Union, United Kingdom
  • -
  • April 9 2013

On 19 March a cross-industry agreement between banks setting out common standards for derivatives trades was published by the British Bankers

European Commission has released an updated overview of bank rescues and crisis support measures

  • A&L Goodbody
  • -
  • European Union
  • -
  • May 30 2009

The European Commission has recently updated its "Overview of national measures adopted as a response to the financialeconomic crisis" up to 20 May 2009