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Europe Daily Bulletin No. 11872

29 September 2017
Contents Publication in full By article 18 / 31
ECONOMY - FINANCE - BUSINESS / Banks
Banking industry calls for action so that EU is no longer 'sick man' of financial technologies
Brussels, 28/09/2017 (Agence Europe)

How can regulation let financial innovation flourish? It was to discuss this question and more that the banking industry, experts and representatives of the European institutions met on Thursday 28 September for a 'banking summit' hosted by the European Banking Federation (EBF) in Brussels.

Calling on the European Union to be more ambitious on financial technologies ('FinTech'), Cora van Nieuwenhuizen (ALDE, Netherlands) said that Europe was the “sick man of the FinTech world”, observing...

Contents

BEACONS
BEACONS: There will be no more ‘favourable winds’ unless they come from citizens! (Part II)
INSTITUTIONAL
UK: Barnier says Brexit negotiations making progress but not enough to discuss future partnership
UNITED KINGDOM: MEPs say acquis communautaire and ECJ jurisdiction must continue in any post-Brexit transition period
EUROPEAN AGENCIES: Jealously fought battle to host future post-Brexit European Medicines Agency 
BUDGET: Court of Auditors warns against scale of latest payment backlog
SECTORAL POLICIES
TRANSPORT: Commission presents proposal to strengthen railway passenger rights
JHA: Commission provides digital giants until May 2018 to improve withdrawal of illegal content
JUSTICE: European Parliament's green light to creation of European Public Prosecutor
FOOD SAFETY: MEPs veto proposed acrylamide rules as overly bureaucratic for SMEs
GMO: Parliament environment committee objects to import of soy bean resistant to herbicide mixtures
GMO: Parliament environment committee objects to authorisation of soybean resistant to glyphosate and 2,4D
HEALTH: European Parliament environment committee objects to criteria helping to define endocrine disruptors
CIRCULAR ECONOMY: Fresh round of inter-institutional talks on revision of waste framework directive on 25 October
INDUSTRY: Automobile industry thinks review of CO2 emission targets is necessary in 2025
ENERGY: gas cooperation in Central and South-Eastern Europe to be extended to other sectors
ENERGY: Romania, doing well on renewables, stays committed to EU targets
COHESION: Ms Cretu sums up ideas mooted during Commission reflection for future cohesion policy
ECONOMY - FINANCE - BUSINESS
BANKS: Banking industry calls for action so that EU is no longer 'sick man' of financial technologies
TAXATION: VAT gap still equal to EU budget
COMPETITION: Agreement reached between France and Italy on STX
EMPLOYMENT
EMPLOYMENT: MEPs call for all member states to adopt minimum income
EXTERNAL ACTION
SERBIA: Education projects signed for €27.4 million
UKRAINE: EU calls for sentence of Crimean Tatar chief to be reversed
RUSSIA: EU hails completion of full destruction of chemical weapons
MIDDLE EAST: Quartet calls for concrete measures for control of Gaza and West Bank by a legitimate Palestinian authority
FOREIGN AFFAIRS: Satisfactory first trilogue meeting on Instrument contributing to Stability and Peace
HUMANITARIAN AID: EU allocates €25,000 in emergency aid to Dominica after devastation by Hurricane Maria
COURT OF JUSTICE OF THE EU
INTELLECTUAL PROPERTY: Subject to conditions, companies may use designs protected by Nintendo to advertise products compatible with Wii video games console
NEWS BRIEFS
LIBYA: EU again extends by six months sanctions against Saleh, Ghweil and Abu Sahmein
LOBBYING: Monsanto denied access to European Parliament until further notice
PALESTINE: Kauko Aaltomaa appointed as head of EUPOL COPPS police mission