Working Paper SeriesNo 97 / June 2019 by Manuel Muñoz
The UK and Dutch national authorities, in a joint operation with Eurojust and Europol, arrested 6 people as part of an ongoing investigation into a €24 million cryptocurrency theft. The suspects were arrested following simultaneous search warrants that were carried out in Charlcombe, Bath, Trowbridge, UK, as well as Amsterdam and Rotterdam, the Netherlands. The thieves are suspected of targetting users’ bitcoin tokens, affecting at least 4 000 victims in 12 countries; these numbers are expected to grow further. With the active support of Eurojust and Europol, the authorities seized a larger number of electronic devices, equipment and valuable assets.
The entry of large technology firms (“big techs”) such as Alibaba, Amazon, Facebook, Google and Tencent into financial services, including payments, savings and credit, could make the sector more efficient and increase access to these services, but also introduces new risks, the Bank for International Settlements (BIS) writes in its Annual Economic Report.
The ‘Normandy Index’ aims to measure the level of conflict in the world. It is to be presented for the first time on the occasion of the Normandy Global Peace Forum in June 2019, as a result of the partnership between the European Parliament and the region of Normandy. The Index has been designed and prepared by the European Parliamentary Research Service (EPRS) and developed by the Institute for Economics and Peace.
The aim of the workshop is to present, analyse and discuss two bidirectional interdependency scenarios with potentially adverse effects: (i) a scenario between the power sector and the telecommunications sector and (ii) a scenario between financial institutions and DSPs.
Today’s package includes 14 measures in a limited number of areas where a “no-deal” scenario would create major disruption for citizens and businesses in the EU27. These areas include financial services, air transport, customs, and climate policy, amongst others.
Documents will be added as they become available.
Lectio magistralis by Luis de Guindos, Vice-President of the ECB, opening the XXIX Edition of the Masters Programme in European Union law of the University Carlos III of Madrid, 5 October 2018.
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