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  • 13 October 2017

    During the latest meeting of the Economic and Financial Affairs Council (ECOFIN), the Council adopted proposals on climate change. Proposals on VAT reform, digital economy taxation, dispute resolution in double taxation and bank capital requirements are also being considered. Furthermore, the European Commission called for the completion of the European Banking Union by 2018 in a communication on 11 October 2017.

  • 10 October 2017

    As from 3 January 2018, banks and investment firms that carry out transactions in financial instruments must make a detailed report of these transactions to the relevant authority, at the latest by the end of the following working day. One of the elements that must be reported is the identity of the ultimate client that ordered the transaction.

Companies: be aware of malware!

  • 6 October 2017

    On 29 September 2017, the Estonian Presidency of the Council of the European Union, in cooperation with the President of the European Council and the European Commission, organized the first ever Digital Summit of the European Union in Tallinn. On the same day, the Single Resolution Board (SRB) held its second conference in Brussels under the theme “Building resolvability together”.

  • 29 September 2017

    The European Commission is proposing reforms to the mandates of the European supervisory authorities to pave the way for stronger and more integrated European financial supervision. The Commission also outlined the challenges of digital taxation and possible solutions to support growth and ensure fair and effective taxation.