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EU Proposes Shared Bank Deposit Insurance Plan
November 25, 2015
As it ramps up efforts toward a completed banking and monetary union, the European Commission has proposed a European Deposit Insurance Scheme that would create a common EU fund to protect savings accounts at European banks of up to 100,000 euros in case of bank insolvency.
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ECB Seeks Further Harmonization of Bank Regulation
November 25, 2015
The European Central Bank ("ECB") has launched a consultation over a draft regulation seeking to harmonize how countries supervise banks within the EU.
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British Businesses Seek EU Reform
November 25, 2015
At a recent conference held by the UK publication The Telegraph, British business leaders and the director general of the British Chambers of Commerce John Longworth argued that business support for remaining in the EU depends whether Prime Minister David Cameron can negotiate meaningful reforms in the bloc.
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UK Study Finds Risks in EU DNA-Request System
November 18, 2015
A study from the UK Home Office expresses concern that if Britain participates in an EU system through which other countries could request DNA and fingerprint information from UK police in order to help solve crimes, it could face a significant number of requests for DNA of British citizens from countries with lower standards for criminal DNA matching.
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EU Seeks to Harmonize Firearm Restrictions
November 18, 2015
In response to the recent terrorist attacks in Paris, the European Commission has announced that it will seek to tighten restrictions across the EU on the sale of decommissioned firearms, which it suspects were used in this and the Charlie Hebdo massacres.
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