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Europe Daily Bulletin No. 12017

9 May 2018
Contents Publication in full By article 17 / 29
ECONOMY - FINANCE - BUSINESS / Banks
Commission seeks EBA's opinion on impact of new 'Basel III' prudential rules
Brussels, 08/05/2018 (Agence Europe)

On Monday 7 May, the European Banking Authority (EBA) announced that it had received a request for a technical opinion from the European Commission to assess the impact of the new standards of the 'Basel III' prudential framework, which was finalised in early December 2017 by the global financial regulatory authorities of the Basel Committee (see EUROPE 11921).

In a letter dated 4 May, the Commission asks the EBA to start by assessing the potential impact of the various components of the EU...

Contents

EXTERNAL ACTION
IRAN: Donald Trump announces US withdrawal from Iranian nuclear deal
TURKEY: Agreement on financing details for Refugee Facility hindered by Italian indecision
ARMENIA: EU ready to work with new prime minister, Nikol Pashinyan
TUNISIA: EU calls on Tunis to accelerate reforms
BURUNDI: EU calls for inclusive process of constitutional reforms and for human rights to be observed
AUSTRALIA/NEW ZEALAND: Adoption of EU's negotiation directives for free-trade agreement anticipated on 22 May
SECTORAL POLICIES
ENERGY: European Parliament will not budge in its calls for a strong revised energy efficiency directive, warns Benedek Jávor
SPACE: Bulgarian Presidency of Council puts forward raft of proposals for future Space policy
MIGRATION: Recasting of European asylum system on ministerial agenda in early June
BIODIVERSITY: Guidelines for renewable energy projects abiding by 'habitat' and 'birds' directives
FOOD SAFETY: Substantial increase in EFSA budget is needed for independent scientific evaluations, says Parliament's special PEST committee
AGRICULTURE: Interinstitutional agreement is confirmed on farm statistics
DIGITAL: VoteWatch analyses MEPs' positions on artificial intelligence
COHESION: Finland and Estonia call for cross-border cooperation in maritime area to continue after 2020
ECONOMY - FINANCE - BUSINESS
AUSTRIA: €26.82 million fine for negligence over budgetary statistics
BANKS: Latvian bank ABLV takes European decisions that led to its failure to Court
BANKS: Commission seeks EBA's opinion on impact of new 'Basel III' prudential rules
STATE AID: In-depth investigation into Romanian restructuring aid to national uranium company
INSTITUTIONAL
COMMISSION: Commission refuses to re-assess Barroso's controversial appointment
FUTURE OF EU: Around 100 citizens draft series of questions for European public consultation
COURT OF JUSTICE OF THE EU
JHA: Ban on entry into EU territory does not prevent examination of request for family reunification of a third country national who is a family member of a European citizen
INTERNAL MARKET: European Chemicals Agency must adhere by procedural rules on registration of chemical substances
NEWS BRIEFS
COHESION: Four social democrat ministers renew appeal in favour of enhanced Cohesion Policy
COMPETITION: Evaluation launched into Consortia Block Exemption Regulation for liner shipping companies
USA: Several MEPs warn against nomination of Gina Haspel to post of CIA director
FINANCE: ESMA creates single information point on new investment companies
ITALY: Commission repeats its 'full confidence' in Italy's ability to keep control of political situation
FISHERIES: European Parliament workshop on Monday 14 May on choke species
RUSSIA: MEP Bronis Rope is declared persona non grata