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Image header Agence Europe
Europe Daily Bulletin No. 12564
Contents Publication in full By article 9 / 31
ECONOMY - FINANCE - BUSINESS / Finance

Commission adopts its temporary equivalence decision for UK clearing houses

The European Commission adopted on Monday 21 September, an equivalence decision with EU legislation of the UK prudential rules on central clearing counterparties (CCPs) limited to 18 months (see EUROPE B12560A24).

The decision, which was announced in the July Communication on the state of preparedness for Brexit (see EUROPE B12524A10), will therefore apply as of 1 January 2021 – the date on which the United Kingdom will have left the Single Market – and until 30 June 2022. In...

Contents

EXTERNAL ACTION
BELARUS: agreement on EU sanctions against Lukashenko regime still pending
LIBYA: EU expands sanctions in relation to violations of human rights and arms embargo
IRAN: Europe opposes American announcement of return of sanctions
AFRICA: postponement of EU/AU summit to 2021 because of coronavirus is boosting EU’s determination to forge a stronger strategic partnership
TRADE: all available instruments will be used to defend European steel industry, promises Mr Dombrovskis
ECONOMY - FINANCE - BUSINESS
STATE AID: European Commission updates guidelines on aid linked to greenhouse gas emission trading system
STATE AID: in-depth investigation into Poland's allocation of mobile radio frequencies to operator Sferia
STATE AID: European Commission opens in-depth investigation into Belgian capacity mechanism for electricity
FINANCE: Commission adopts its temporary equivalence decision for UK clearing houses
TAXATION: digital taxation is a “political duty” more than a major source of revenue, admits Paolo Gentiloni
MONEY LAUNDERING: outrage in European Parliament after latest revelations of FinCEN Files scandal
SECTORAL POLICIES
AGRICULTURE: EU agriculture ministers aim for an agreement in October on post-2020 CAP
AGRICULTURE: 15 ministers support measures to produce more plant proteins in EU
BIODIVERSITY: EU Council gives green light to endorse world leaders’ commitment to nature
CLIMATE: European Parliament has reduced its emissions by 15% between 2006 and 2018
CLIMATE: new Oxfam report points to global inequalities in CO2 emissions
WOMEN: MEPs try to give new impetus to discussions on gender equality on management boards
TRANSPORT: transport ministers commit to development of European rail freight transport
INSTITUTIONAL
GENERAL AFFAIRS: Brexit, rule of law and extraordinary European summit on agenda of EU ministers for European affairs
EUROPEAN PARLIAMENT: Domènec Ruiz Devesa wants to relaunch work on European Parliament right of inquiry
SOCIAL AFFAIRS
SOCIAL: MEPs want end to unpaid internships under Youth Guarantee
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: president of parliamentary assembly received in papal audience discusses environment, violence against women and European unity
NEWS BRIEFS
ALGERIA: agreement between Algiers and EU to postpone completion of free trade area
ECB: Frankfurt Monetary Institute has not used up all its reserves, according to Christine Lagarde
COHESION: Coronavirus, European Commission approves new Italian reprogramming
ENERGY: Airbus has ambition to market a hydrogen-powered aircraft in 2035
ENVIRONMENT: public consultation on roadmap for Sustainable Products Initiative in EU
ENVIRONMENT: much remains to be done to clean up Mediterranean, according to EEA and UN
SPACE: ESA signs a contract to launch a new Copernicus mission
TAXATION: country-by-country tax transparency, German EU Council Presidency promises to support all decision-making processes
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