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I-TIP Services Trade Database

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I-TIP Services is a joint initiative of the World Trade Organization and the World Bank. It is a set of linked databases that provides information on Members' commitments under the WTO's General Agreement on Trade in Services (GATS), services commitments in regional trade agreements (RTA), applied measures in services, and

Glossary of Banking Terms

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API – Application programming interface Asset management – The direction of cash or securities of a client by a financial services company, usually an investment bank. NS&I account – A national savings and investment account is a government backed form of savings account. Blockchain technology - A digital ledger in which transactions made

ECB unveils new € 100 and 200 euro banknotes

The European Central Bank (ECB) unveiled the new 100 and 200 euro banknotes, which will enter into circulation on 28 May 2019. After the €5, €10, €20 and €50, the €100 and €200 banknotes are the last two denominations of the Europa series, and therefore mark its completion. he new €100

Capital Markets Union: new rules for investment firms

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The European Commission proposes a two-track overhaul to make life simpler for smaller investment firms, while bringing the largest, systemic ones under the same regime as European banks. Investment firms and the services they provide are vital to a well-functioning Capital Markets Union (CMU). Alongside banks, EU capital markets rely

Benchmarks: restoring confidence in the financial markets

enchmarks are widely used to track market developments. However, financial scandals involving benchmarks such as Libor and Euribor have shown that they are susceptible to manipulation. On 18 May MEPs debate new rules to ensure the full transparency of all benchmarks used in the EU and vote on them the

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