The European Union has proposed banning transactions on 11 cryptocurrency platforms as part of expanded sanctions targeting networks accused of helping Russia evade international restrictions.
The KfW-55 energy efficiency funding program is returning in 2026 for selected new construction projects with a larger funding budget. The article explains eligibility conditions for applicants and advises that applications should be submitted quickly.
Apple announced it cannot currently launch its redesigned Siri AI assistant in the EU due to regulatory standoff with the European Commission’s antitrust watchdog. This represents the latest dispute between Apple and EU regulators over competition concerns.
German financial regulator BaFin is examining DekaBank’s annual consolidated financial statements following concerns about potential regulatory violations related to equity trading transactions worth 478 million euros conducted around dividend record dates.
BancTrust’s CEO Carlos Fuenmayor is contesting a fine imposed by the FCA for failing to disclose previous regulatory penalties from Venezuelan and US authorities. Fuenmayor argues that the requirement to disclose these penalties violates freedom of expression principles.
BaFin regulatory examinations of German insurance companies, particularly Allianz, have identified significant deficiencies in governance controls. A parliamentary inquiry by Die Linken party prompted Finance Ministry responses indicating systemic issues requiring remediation across the insurance industry.
The Spanish Investment Guarantee Fund (Fogain) marks its 25th anniversary with record reserves of 150 million euros. The fund offers investor protection coverage of 100,000 euros per investor, which is five times the European minimum requirement. This represents the highest level of investor protection in Europe. The fund has accumulated 90 million euros in historical payouts.
European airlines have failed to pay billions in passenger compensation for flight delays as required under EU261/2004 regulation. Analysis by the Financial Times shows that since 2011, €18 billion in compensation has been due to passengers, but only a small portion has actually been paid, leaving €3.2 billion currently unpaid.
The outgoing chief of the UK Prudential Regulation Authority, Sam Woods, has warned that AI cybersecurity risks and vulnerabilities in lenders’ IT systems represent top-of-list threats to the banking sector. Woods expressed being ‘very concerned’ about these vulnerabilities.
Google must make changes to its AI-generated search summaries following a ruling by the UK’s Competition and Markets Authority. The regulator has forced Google to give publishers more control over how their content is used in AI features, allowing them to opt-out. The CMA described this as a ‘world first’ enforcement action.