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Eastern Europe Investment 2016 Headlines

EU watchdog lauds insurer moves to adapt business models

Insurers are making progress in adjusting their business models to account for low interest rates and the complex new risk-capital regime called Solvency II that took effect at the start of the year, the EU's top insurance regulator said.

Hong Kong regulator to begin review of data privacy laws

Hong Kong will begin a review of its data privacy rules over the next 18 months, with a view to potentially updating them in line with technological developments and changes in European regulation, the territory's privacy regulator said.

HKEX considering broader rules on reverse takeovers

Hong Kong's stock exchange may implement stricter rules to prevent companies sidestepping scrutiny of reverse takeovers (RTOs) and backdoor listings as part of a broad review of listing rules in the city, a top bourse official said.

U.S. watchdog probes financial regulatory structure

A federal watchdog agency is examining whether financial regulators are doing enough to collaborate and share information to prevent another economic crisis, a senior agency official told Reuters on Wednesday.