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Europe Daily Bulletin No. 12557

11 September 2020
Contents Publication in full By article 22 / 39
ECONOMY - FINANCE - BUSINESS / Money laundering
EBA delivers opinion to European Commission on scope of future European Regulation
Brussels, 10/09/2020 (Agence Europe)

The European Banking Authority (EBA) gave its response on Thursday 10 September to the scope of the future proposal for a European regulation to combat money laundering, which the European Commission intends to present in the 1st quarter of 2021.

In its opinion, the EBA recommends that the Commission make directly applicable those provisions where “divergence of national rules and practices has had a significant, adverse impact on the prevention of the use of the EU’s financial system...

Contents

SECTORAL POLICIES
CLIMATE: Under ‘climate law’, MEPs vote in favour of a 60% reduction in EU emissions by 2030
CLIMATE: some national energy/climate plans remain insufficient to meet EU climate targets, says PlanUp
CLIMATE: EU prepares to join international ‘call to action’ for more ambition for adaptation of developing countries
BIODIVERSITY: EU prepares for UN ‘Leaders Commitment for Nature’ summit
ENVIRONMENT: wastewater collection and treatment continues to improve in EU, but investment is needed, according to Commission
ENVIRONMENT: Germany is least transparent EU country when it comes to industrial pollution, says EEB
INDUSTRY: Agnès Pannier-Runacher praises merits of carbon adjustment mechanism at EU's borders
ENERGY: Kadri Simson highlights importance of cities and regions in implementing European Green Deal
DIGITAL: EU Council considers how to pass on budget cuts to Digital Europe programme
SPACE: German EU Council Presidency surveys national delegations ahead of Space Council in November
SPACE: German EU Council Presidency postpones its proposals on EU Space Programme
MIGRATION: after fire in Moria, MEPs call on Member States to set up permanent solidarity mechanisms
JUSTICE: confidentiality of online data, the Commission provides for temporary derogation to combat child pornography
JUSTICE: German EU Council Presidency wants to raise awareness of clan crime among Member States
FISHERIES: more than 300 scientists call for EU action to end overfishing
WOMEN: Evelyn Regner calls on EU to support Belarusian women “in their fight for democracy”
EXTERNAL ACTION
UNITED KINGDOM: Commission calls on London to withdraw its bill violating provisions of deal on an orderly Brexit
MEDITERRANEAN: lack of dialogue between Athens and Ankara, Mr Varvitsiótis and Mr Çavuşoğlu pass the buck
MYANMAR: European Parliament bars Aung San Suu Kyi from Sakharov Prize community
CHINA: European Court of Auditors identifies risks of dispersed European response to China’s EU investment strategy
ECONOMY - FINANCE - BUSINESS
ECB: Frankfurt monetary institute maintains its very accommodating policy stance
MONEY LAUNDERING: EBA delivers opinion to European Commission on scope of future European Regulation
TAXATION: in face of US blockade on digital taxation, EU must assume its responsibilities, according to Bruno Le Maire
TAXATION: Commission forecasts potential loss of €164 billion in VAT revenue in 2020 due to Covid-19 crisis
INSTITUTIONAL
RULE OF LAW: Commission does not yet foresee end of cooperation and verification mechanisms for Bulgaria and Romania
DEMOCRACY: EU Code of Practice on Online Disinformation, a “very valuable instrument” with many shortcomings
FUNDAMENTAL RIGHTS: EU Agency for Fundamental Rights calls for sustained efforts to improve data collection on antisemitism
EU RESPONSE TO COVID-19
AGRICULTURE: Germany suggests a solution to use €8 billion post-Covid-19 recovery fund in 2021 and 2022
FISHERIES: Cyprus reallocates €1.6 million of EU funds for companies affected by Covid-19
COURT OF JUSTICE OF THE EU
DIGITAL: Advocate General proposes special treatment for clickable links using framing
DIGITAL: an application linking customers and taxi drivers is an Information Society service, according to Advocate General
ANIMAL HEALTH: Flemish decree prohibiting slaughter of animals without stunning would be contrary to EU law
COURT OF JUSTICE: Athanasios Rantos takes office as Advocate General at Court of Justice
NEWS BRIEFS
COMPETITION: Worldline allegedly proposed concessions to Commission for acquisition of Ingenico
WOMEN: Dunja Mijatović opposes bill to restrict access to abortion in Slovakia
DIGITAL: rights holders welcome, with concern, end of consultation on Article 17 of copyright directive
REGIONS: European Commission approves Coronavirus Croatian reprogramming
SOCIAL: EU-OSHA publishes series of resources to limit seasonal flu in the workplace
UKRAINE: EU extends targeted sanctions related to violations of territorial integrity