Entities such as investment firms and credit institutions, who are providing custody/ safekeeping services in relation to financial instruments recorded in a CSD, can settle transactions in those financial instruments outside the securities settlement systems operated by CSDs, but need … read more
The two amendments proposed today to Regulation 924/2009 on cross-border payments aim to reduce the cost of all intra-EU payments in euro and unify the single payment market for consumers and businesses. Today, cross-border payments in euro from non-euro area … read more
Today’s proposal aims to extend this benefit to people and businesses in non-euro countries. This will allow all consumers and businesses to fully reap the benefits of the Single Market when they send money, withdraw cash or pay abroad. All … read more
The European Committee of the Regions has adopted an opinion on the ‘ Proposal for a European Defence Fund ’ lead by Rapporteur Dainis Turlais (LV/ALDE), member of the Riga City Council. The diversification of security threats – from armed … read more
Facilitating the movement of military troops and assets is essential for the security of European citizens, and to build a more effective, responsive and joined-up Union, as identified in the Joint Communication on improving military mobility in the EU from … read more