Bloomberg Banks and asset managers moved closer to winning easier rules for derivatives as European Union member states signaled support for amending regulations as part of a delay in the wider law that revamps oversight of trading across the continent. EU states are considering attaching the policy changes to legislation postponing until January 2018 the vast MiFID II law …

  AFP Germany’s healthcare system is losing as much as a billion euros a year to scammers, some of whom are linked to the Russian mafia, according to a media report on Sunday. One scam involves health workers who charge for 24-hour care but are alleged to only check on their patients two or three times a day, said the …

  Bloomberg Banks around Europe are trying to figure out how to provide their services to asylum seekers while making sure they stick to strict rules blocking money laundering & terror financing. By compelling banks to verify the identity of their customers, the requirements make it harder for would-be refugees without a valid ID to open a bank account. Without …