Other news
European Commission assesses economic consequences of country-by-country reporting
30/10/2014
Today the Commission adopted a report containing a general assessment of the economic consequences of country-by-country reporting by banks and investment firms under Article 89 of the Capital Requirements Directive (CRD IV).
First 'equivalence' decisions for central counterparty regulatory regimes
30/10/2014
The European Commission has adopted its first 'equivalence' decisions for the regulatory regimes of central counterparties (CCPs) in Australia, Hong Kong, Japan and Singapore.
Commission welcomes improved situation for clients of car rental companies
28/10/2014
On 8 August, the European Commission made public a letter sent to the CEOs of six international car rental companies, asking them to end practices preventing consumers from accessing best available prices on the basis of their country of residence.
Commission adopts detailed rules on contributions of banks to resolution funds
21/10/2014
The European Commission has today adopted a delegated act and a draft proposal for a Council implementing act to calculate the contributions of banks to the national resolution funds and to the Single Resolution Fund respectively.
European Commission proposes ratification of Marrakesh Treaty to facilitate access to books for visually impaired persons
21/10/2014
The Treaty will ensure that books in formats such as Braille, large print, e-books and audio books with special navigation tools, produced under copyright exceptions, can be exchanged across borders, not only within the EU but also between the EU and third countries.
Commission adopts detailed prudential rules for banks and insurers to stimulate investment in the economy
10/10/2014
The European Commission adopted today delegated acts under the Solvency II Directive and the Capital Requirements Regulation which will help promote high quality securitisation, ensure that banks have sufficient liquid assets in testing circumstances and introduce international comparability to leverage ratios.
Commission adopts Regulatory Technical Standards to implement stricter rules on credit rating agencies
30/09/2014
The European Commission adopted three Regulatory Technical Standards which will help to implement key provisions of the Regulation on Credit Rating Agencies by setting out reporting and disclosure requirements in three important areas.
Competitiveness Council - 25-26 September
24/09/2014
The first Competitiveness Council under the mandate of the Italian EU Presidency will take place in Brussels on 25-26 September 2014. The Council will discuss the mid-term review of the EU’s economic growth programme, the Commission’s Implementation Roadmap “A New Deal for European Defence”, the implementation of the patent package, and the opportunity of extending EU-wide geographical indication protection to non-agricultural products.
Commission services consult on cross-border mergers and divisions
08/09/2014
The purpose of this consultation is to collect information which would allow the Commission to assess if the existing rules for cross-border operations of companies need to be changed.
Vice President Barnier writes to European Banking Authority Chair Andrea Enria concerning potential circumvention of EU rules on bankers’ bonuses
07/09/2014
“It is important to show a collective proactive stance on this important matter and address the claims made that the spirit – if not the letter – of Union law is being disregarded”. Letter from Vice President Barnier to Andrea Enria, Chairman of the European Banking Authority.
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