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Image header Agence Europe
Europe Daily Bulletin No. 12197
Contents Publication in full By article 29 / 38
NEWS BRIEFS / Money laundering

Danske Bank scandal, Danish and Estonian financial services authorities in EBA's sights

19/02/2019 (Agence Europe) – The European Banking Authority (EBA) decided on Monday 18 February to open an investigation to determine whether the Danish and Estonian financial supervisory authorities have failed to comply with their obligations under EU law in the case of the first Danish bank Danske Bank, whose Estonian subsidiary is involved in a money laundering scandal (see EUROPE 12100). On 21 September last, the European Commission had indeed asked the EBA to investigate "what went wrong in the supervision of Danske Bank" (see EUROPE 12102). After conducting preliminary investigations on both authorities, the EBA announced its decision to open an investigation. (MF)

Contents

BEACONS
BEACONS: European Research Policy: (re)searching for a way forward… (2)
SECTORAL POLICIES
CLIMATE: European Parliament and Council agree on first ever European CO2 emission reduction standards for new heavy-duty vehicles
SUSTAINABLE DEVELOPMENT: food for thought on a sustainable Europe in 2030: a good foundation say Ministers for European Affairs
RESEARCH: Political agreement emerging in EU Council regarding the Horizon Europe specific programme
INDUSTRY: Franco-German manifesto for a European industrial policy capable of meeting challenges of 21st century
DIGITAL: Cyber security - MEPs refuse to designate Brussels as the seat of the future European centre
TRANSPORT: European Parliament and Council hope to reach an agreement on 21 February regarding measures to facilitate road transport in the event of a no-deal Brexit
JHA: European Parliament/Council agreement on national identity cards with mandatory presence of two fingerprints
MIGRATION: agreement reached between European Parliament and Council of the European Union regarding liaison officers deployed by Member States and the EU in third countries
MIGRATION: Greek Minister Dimítrios Vítsas urges Member States to release asylum package
FISHERIES: Mediterranean Management Plan grants five more years to eliminate overfishing
COHESION: European Commission meets experts to discuss future Cohesion Policy investments in health
INSTITUTIONAL
BUDGET: EU Member States recall their red lines on 2021-2027 budget in preparation for June European Council
HUNGARY: several Member States are considering whether it would be appropriate to hold a hearing with Budapest on rule of law at a forthcoming Council meeting
EPP: question of Viktor Orbán's Fidesz's membership in EPP party raised again with new Hungarian anti-Juncker campaign
POLAND: very little progress on rule of law in Poland and even some worrying developments, according to Commission
UNITED KINGDOM: agreement on an orderly Brexit is not renegotiable, reaffirms the Commission
ECONOMY - FINANCE - BUSINESS
EMU: Mário Centeno sees future fiscal capacity of euro area as 'a step change' in history of single currency
COMPANIES: EU co-legislators aim for an agreement on cross-border business mobility on 5 March
BANKS: Single Resolution Board sets out its expectations for valuation for purposes of resolution
FINANCE: Brexit preparations remain at the top of ESMA's agenda for 2019
EXTERNAL ACTION
UNITED STATES: European Parliament's Committee is in favour of opening trade negotiations with Washington
UNITED STATES: Nancy Pelosi reassures Europeans of Congress' support for EU and NATO
SAUDI ARABIA: Jamal Khashoggi's fiancée harshly criticizes European response to journalist's murder
SOCIAL AFFAIRS
SOCIAL: coordination of security systems - Netherlands against European Parliament’s position on export of social benefits
NEWS BRIEFS
AGRICULTURE: European Parliament Committee postpones vote on CAP post-2020 to April
AGRICULTURE: Promotional measures to help Sardinian farmers
BANKS: Spaniard José Manuel Campa appointed as head of European Banking Authority
MONEY LAUNDERING: Danske Bank scandal, Danish and Estonian financial services authorities in EBA's sights
PESCO: Mrs Mogherini says decision on participation of third countries in projects will be taken in the next couple of weeks
FINANCE: postponement of European Parliament vote on taxonomy in sustainable finance
MIGRATION: European Parliament adopts its position on three financial instruments for 2021-2027 period
DIGITAL: major divisions in European Parliament Committee on Provisional Interinstitutional Agreement on Copyright
EP2019: EU Council calls for a coordinated European response to ensure free and fair elections in May 2019
FISHERIES: European Parliament Committee endorses compromise text on swordfish reintroduction plan
FISHERIES: European Parliament Committee approves interinstitutional agreement on transposition of NAFO measures
RUSSIA: Dunja Mijatović alerts to potential abuses of Russian anti-terrorism legislation
SWITZERLAND: EU adopts its conclusions on bilateral relations with Bern