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Image header Agence Europe
Europe Daily Bulletin No. 12021
Contents Publication in full By article 17 / 31
ECONOMY - FINANCE - BUSINESS / Finance

Markus Ferber makes case for proportionality to be key word in new prudential framework for investment companies

On Wednesday 16 May, the committee on economic and monetary affairs (ECON) of the European Parliament discussed two draft reports by the MEP Markus Ferber (EPP, Germany) comprising the 'investment companies' legislative package.

The package, which was presented in December 2017, is made up of a proposed directive on the prudential supervision of investment companies and a proposed regulation on the prudential requirements applicable to them (see EUROPE 11930).

A key element of the new...

Contents

SECTORAL POLICIES
COHESION: European Commission planning major reform of categories of regions after 2020
TRANSPORT: Ambitious compromise on motorway charges taking shape in Parliament
ENVIRONMENT: Independent international pilot study shows adverse health effects of glyphosate even in low doses
CLIMATE: Commission could propose 15% reduction in CO2 emissions from lorries by 2025 and incentives for zero emission lorries
MIGRATION: Migration situation under control still fragile, Commission warns
JHA: Commission wants to better secure entry of third country nationals into EU via VIS update
DIGITAL: Sixth version of compromise amendments on copyright at Parliament
DIGITAL: Roberto Viola defends Commission's strategy on artificial intelligence to MEPs
FISHERIES: Fisheries committee calls for strict standards for imported aquaculture products
FISHERIES: MEPs call for recreational fishing to be more closely monitored
AGRICULTURE: Competent Parliament committee advocates capping of direct aid after 2020
EXTERNAL ACTION
IRAN: Facing US sanctions, Juncker warns 'our means are limited, but we will exploit them to the full'
USA: Donald Tusk criticises Trump administration's vagaries
CUBA: Europeans and Cubans display differences on situation in Venezuela
TRADE: Council green light expected on 22 May for launch of free trade negotiations with Australia and New Zealand
ECONOMY - FINANCE - BUSINESS
FINANCE: MEPs take position in favour of forcible but governed relocation of third-country CCPs to EU
FINANCE: Markus Ferber makes case for proportionality to be key word in new prudential framework for investment companies
COMPETITION: Negotiations on reinforcing resources available to national competition authorities may be wrapped up at end of month
EDUCATION - YOUTH - CULTURE - SPORT
ECYS: Busy non-legislative Council programme on 22-23 May
CULTURE: Commission welcomes first results from European Cultural Heritage Year event
COURT OF JUSTICE OF THE EU
PARLIAMENT: General Court orders Mylène Troszczynski to pay back more than €56,000 to EP
COMPETITION: Commission to re-examine request to remove pricing commitment made by Lufthansa and Swiss on Zürich-Stockholm route
DIGITAL: General Court states German tax assisting cinematographic sector targeting Netflix is compatible with the EU rules
INSTITUTIONAL
COMMISSION: Continuing feminisation of senior management posts
COUNCIL OF EUROPE
COUNCIL OF EUROPE: First sanctions in complaints of corruption in parliamentary assembly
NEWS BRIEFS
CRIMEA: EU criticises partial opening of Kerch Bridge linking Crimea to Russia
ECONOMY: Annual inflation rate at 1.2% and 1.4% in Eurozone and EU respectively in April
JUSTICE: Mark Zuckerberg to come to Parliament soon to clarify Facebook's policy on data protection
MIGRATION: 31,400 asylum seekers in EU in 2017 considered unaccompanied minors
DIGITAL: Communications code at next trialogue on 22 May
REGIONS: MEPs give green light to activate EUSF for four member states