Europe Daily Briefing — 23 Jun 2026

The Competition and Markets Authority just ordered StubHub UK to refund customers over hidden fees. Here's what it means for consumer-facing platforms.

1️⃣ Competition and Markets Authority — CMA orders StubHub UK to refund customers over hidden fees
The regulator issued a formal enforcement order requiring the ticket reseller to provide full refunds to customers who were misled by undisclosed booking charges.
This action directly impacts secondary ticketing platforms and various other digital marketplaces currently operating within the United Kingdom's jurisdiction.
Affected businesses must immediately review their transparent pricing models and disclosure practices to ensure they remain in full compliance with robust consumer protection laws.

2️⃣ HM Treasury — Government fraud squad hunts down Covid loan scams
A dedicated government fraud squad has been mobilized to investigate and recover public funds lost to fraudulent applications for pandemic-era support loans.
The initiative specifically targets individuals and diverse corporate entities that deliberately misappropriated government-backed lending facilities during the global health crisis.
Regulated financial firms should expect a increase in formal information requests as the squad intensifies its investigative and asset recovery efforts.

3️⃣ European Parliament — Digital euro: MEPs want to ensure sovereignty, privacy and financial stability
Members of the European Parliament have published their list of core requirements regarding the foundational design and eventual implementation of a central bank digital currency.
This emerging framework directly affects payment service providers, commercial banks, and technology firms currently building the next generation of digital asset infrastructure.
Legislators will now focus on the complex process of drafting formal regulations that balance transaction anonymity with the mandatory prevention of financial crime.

4️⃣ Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) — pferdewetten(.)de AG: Bafin leitet Prüfung für den Konzernabschluss zum 31. Dezember 2024 und den zugehörigen zusammengefassten Lagebericht ein
The German financial regulator has initiated an audit of the consolidated financial statements and the associated management report for the fiscal year ending December 2024.
This enforcement action centers on the rigorous auditing standards and the overall accounting transparency of the specified corporate group within the betting industry.
The results of this audit will determine if further corrective measures or heavy administrative penalties are necessary for the entity in question.

5️⃣ HM Revenue & Customs — Extending online marketplace liability to combat non-compliance
HMRC has released a detailed consultation paper exploring ways to hold digital platforms legally responsible for the tax compliance of their third-party sellers.
This regulatory proposal primarily hits e-commerce operators and cross-border traders who utilize popular online sales channels to reach the consumer market in Britain.
Industry stakeholders must now submit their evidence on how these potential liability shifts would fundamentally alter the operational landscape for global digital trade.

Full analysis in the attached RegNext Daily Europe Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Tuesday 23 Jun 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence

June 23, 2026
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