Wednesday

24th Apr 2019

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EU clears Danish and Estonian regulators in €200bn bank scandal

The European Banking Authority (EBA) has cleared Danish and Estonian financial regulators of breaking any EU laws in their handling of a €200bn money laundering scandal at Danish lender Danske Bank and its Estonian branch. The EBA, which has just two full-time staff dealing with money laundering, also did not issue recommendations for change in its decision Wednesday. Questions over regulators' "responsibility" remained "unanswered" Jeppe Kofod, a Danish MEP, said.

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EU want Facebook pan-EU advert fix for May elections

EU institutions want Facebook to relax its rules, to allow pan-European political groups to carry out EU-wide campaigns. Facebook has yet to implement the demands - posing questions on the extent to which Europe relies on the US tech firm.

Trump's Israel plan to 'test' EU resolve

EU countries ought to draw "red lines" for US president Donald Trump on the Arab-Israeli conflict, Herman Van Rompuy, the former head of the EU Council, has said.

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