login
login

Europe Daily Bulletin No. 12244

30 April 2019
Contents Publication in full By article 1 / 20
ECONOMY - FINANCE - BUSINESS / Money laundering
Inaction of European Banking Authority in Danske Bank case under fire from critics
Brussels, 29/04/2019 (Agence Europe)

The European Banking Authority's (EBA) inaction in the money laundering scandal involving the Estonian subsidiary of the Danish Danske Bank group involving €200 billion of suspicious transactions (see EUROPE B12100A5) came under fire on Monday 29 April. 

The EBA's decision to close the investigation, in the absence of a finding of a breach of EU law, was taken in mid-April (see EUROPE B12239A30). But the revelations on Sunday by several newspapers, including Le Monde and the...

Contents

ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING: Inaction of European Banking Authority in Danske Bank case under fire from critics
COMPETITION: Commission accepts Mastercard and Visa's commitments on reduction of inter-regional interchange fees
INSTITUTIONAL
SPAIN: Mr Sánchez's victory in Spanish parliamentary elections restores morale in Social Democrats
BUDGET: Commission proposes to update its Anti-Fraud Strategy
EP2019: Legislative activity in the European Parliament is growing, according to a study by the Robert Schuman Foundation
EDUCATION
YOUTH: With less than a month to go before European elections, EU recalls its actions in favour of young people
SECTORAL POLICIES
CLIMATE: BusinessEurope sets out conditions and actions required for EU climate neutrality
AGRICULTURE: a European programme will provide €1 billion in reduced-interest loans for young farmers
JUSTICE: Member States favour a cautious approach for future of EU substantive criminal law
COHESION: Cohesion policy plays a 'crucial' role in countering anti-European voting, according to Ms Creţu
EXTERNAL ACTION
SWITZERLAND: European Commission considers that Berne still has time to validate institutional framework agreement
WESTERN BALKANS: Merkel and Macron insist on regional stability
BURMA/MYANMAR: EU extends its sanctions by one year
UNITED STATES: EU regrets President Trump's intention to leave Arms Trade Treaty
MOZAMBIQUE/COMOROS: EU releases 1.5 million euros in emergency humanitarian aid for Cyclone Kenneth survivors
CARIBBEAN: Public consultation to assess Economic Partnership Agreement between EU and CARIFORUM
TRADE: BusinessEurope presents its strategy for post-election European trade policy
NEWS BRIEFS
FINANCE: Call for applications for 'Ethics & Trust in Finance Prize' until 30 June 2019
EP2019: Spanish Electoral Commission bans Carles Puigdemont from European elections
SOCIAL: Greens/EFA put forward a series of proposals to strengthen social dimension of EU