• 28 October 2016

    On October 20 and 21, a European summit took place in Brussels. This week, European Commission president Juncker presented the Commission Work Programme for 2017. The European Commission also made new proposals on tax transparency, which were later debated for the first time in the European Parliament.  

  • 27 October 2016

    The use of Smart Contracts or electronic contracts will make it possible for the financial sector to save billions, according to Capgemini Consulting on the basis of its study about the developments in the field of blockchain and automated contracts.

  • 20 October 2016

    On October 12, 2016, the European Banking Authority (EBA) presented its activities scheduled for 2017. A couple of days later, the European Consumer Summit took place in Brussels. The major topic of this Summit was a streamlining of the European regulation on consumer protection.

  • 19 October 2016

    The International Monetary Fund (IMF) has recently published a new report on global financial stability. In this report, the organisation expresses its concern about the solidity of the European banks.

  • 14 October 2016

    On October 11, 2016, an ECOFIN meeting was held in Luxemburg and one of the issues on the agenda was the need for more transparency in tax matters. On September 28, 2016, the European Commission announced its plan for an extension of the current transparency register and the British government has declared it will wait until March 2017 before it activates Article 50 for the purpose of putting the Brexit into practice. 

  • 21 September 2016

    On September 14, European Commission President Juncker held his annual ‘State of the Union’ in the European Parliament and stressed the need for a full-scale Capital Market Union. At the Bratislava Summit, the 27 heads of state and government of the European Union discussed the future challenges for the European Union. The European Parliament has approved the appointment of Julian King as new Commissioner for the Security Union.

  • 14 September 2016

    Last week, Bratislava was the venue for both the EUROFI Financial Forum and the informal ECOFIN meeting. At the Hangzou Summit of G20 leaders, the EU highlighted the importance of fiscal transparency at the international level.

  • 13 September 2016

    It has become clear from this study that the market for alternative funding in continental Europe is reaching the stage of maturity and will continue to grow, also in relatively small countries. The European market however still has a long way to go as compared to alternative funding heavyweights such as the United Kingdom and the United States.

  • 9 September 2016

    In its study, KPMG has come to the conclusion that the banking sector is still facing many challenges in spite of the far-reaching reforms in the wake of the financial crisis. Banks first and foremost will have to concentrate on developing their own strategy and redefining their business plans.

  • 8 September 2016

    Companies which do not want to lag behind, must fully embrace the digital transformation. Many opportunities are ready to be taken, but this transformation also entails several challenges. Capgemini has put forward a number of recommendations for developing a custom-made digital strategy.