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Europe Daily Bulletin No. 11921

8 December 2017
Contents Publication in full By article 39 / 41
NEWS BRIEFS / Ecb
Monetary institute updates its settlement systems for securities and collateral management

07/12/2017 (Agence Europe) – On Wednesday 6 December, the Governing Council of the European Central Bank (ECB) decided to consolidate and update its real-time gross settlement system, TARGET2, and its euro securities settlement platform, TARGET2-Securities, both of which became operational in June 2015(see EUROPE 11340). The new consolidated system is scheduled for launch in November 2021 and will provide market players with improved liquidity management procedures, the monetary institute...

Contents

BEACONS
BEACONS: It’s time for Germany to meet its responsibilities to the Union
SECTORAL POLICIES
INDUSTRY: Inter-institutional agreement on regulation on type-approval and market surveillance for motor vehicles
MIGRATION: Tight schedule for completing initiatives to manage migration flows into EU
JHA: Animated ministerial lunch on future of Schengen free movement area
JHA: Ministers strengthen eu-LISA mandate to prepare it for interoperability of information systems
ENERGY/CLIMATE: More ambitious draft framework law on governance passes first test in Parliament smoothly
ENVIRONMENT: The left in European Parliament want special commission and proceedings to annul glyphosate authorisation
COHESION: Net contributing member states would be most affected by planned budget cuts, says CPMR
EXTERNAL ACTION
MIDDLE EAST: Mogherini fears US announcement on Jerusalem could be serious blow to peace effort
ACP: ACP states deplore unilateral EU decision on black list of non-cooperative jurisdictions on tax level
FOREIGN AFFAIRS: Support for G5 Sahel, DRC and follow-up of AU/EU summit on agenda of European ministers' meeting of 11 December
MERCOSUR: EU gives itself until February to reach political agreement on free trade negotiations
TRADE: EU hopes for bigger package than sole agreement expected on fisheries at Buenos Aires conference
SOCIAL - CULTURE - YOUTH
SOCIAL: Council excludes micro-enterprises and emergency services from directive on accessibility to products and services for persons with disabilities
YOUTH: Incontrovertible interest of young people in European Solidarity Corps one year after its launch
CULTURE: European Year of Cultural Heritage 2018 launched
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING: Greens/EFA fear losing some of their key points from Panama Papers report
FINANCE: ESAs tackles risks of money laundering and financing of terrorism in European subsidiaries in third countries
ECONOMY: Jeroen Dijsselbloem sceptical over creation of European finance minister
BANKS: Agreement on finalisation of 'Basel III' prudential framework
ENTERPRISE: Revision of 'insolvency' directive – MEPs stress protection of workers' rights
ECONOMY: GDP up by 0.6% of GDP in Eurozone and EU in third quarter of 2017
BREACHES OF EU LAW
MIGRATION: Hungary, Poland and Czech Republic referred to Court for refusing to relocate asylum seekers
HUNGARY: Hungary referred to Court of Justice over its NGO and higher education legislation
DIGITAL: Four countries singled out for directive shortcomings on collective management of copyright
SEA: Bulgaria, Finland and Greece referred to Court over maritime spatial planning
SERVICES: Belgium, France and Germany referred to Court for failure to notify transposition of professional qualifications directive
SERVICES: Court proceedings against Austria for restricting free provision of services by regulated professions
ENERGY: Greece and Malta warned over energy performance of buildings rules
ENERGY: Cyprus and Czech Republic put on notice over implementation of 3rd liberalisation package
COURT OF JUSTICE OF THE EU
JHA: Court explains conditions required for expelling third country national and long-term EU resident
INTELLECTUAL PROPERTY: General Court finds in favour of Coca-Cola against Mitico's attempts to register EC mark 'Master'
HEALTH: Court says medical prescription support software are medical devices
INSTITUTIONAL
CATALONIA: Tens of thousands of pro-independence supporters demonstrate in Brussels
TRANSPARENCY: Member states ready to negotiate with European Parliament on extension of compulsory register of lobbyists
NEWS BRIEFS
STATE AID: Green light to Italian measure to promote rail freight
STATE AID: Green light to prolongation of Polish bank guarantee scheme
BANKS: Rules on hierarchy of bank creditors and IFRS 9 accounting standard definitively adopted
ECB: Monetary institute updates its settlement systems for securities and collateral management
JHA: Belgian national Catherine De Bolle to become head of Europol in May 2018
SOCIAL: Council ratifies an agreement between social partners to improve seafarers' conditions