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Europe Daily Bulletin No. 12727

27 May 2021
Contents Publication in full By article 28 / 31
NEWS BRIEFS / Finance
Single Resolution Board updates its policy on MREL-eligible assets in case of bank resolution

26/05/2021 (Agence Europe) – On Wednesday 26 May, the Single Resolution Board (SRB) updated its policy on minimum requirements for own funds and eligible liabilities (MREL) for 2021, to ensure that in case of resolution, a large bank has eligible assets so as to minimise the need for a public financial support. As highlighted by the European authority, this updated policy introduces a number of new elements and improvements based on changes required by the EU prudential framework for the...

Contents

SECTORAL POLICIES
AGRICULTURE: negotiations between EU institutions on CAP reform are progressing step by step
BIODIVERSITY: huge parliamentary compromise work ahead of vote on EU Biodiversity Strategy for 2030
CLIMATE: Portuguese Presidency of EU Council to finalise draft conclusions on adaptation to climate change
ENERGY: revision of TEN-E Regulation, Portuguese Presidency of EU Council proposes a transition period until 2030 for retrofitted gas assets
MIGRATION: persistent divergences at the EU Council on solidarity and responsibility for asylum and migration
HOME AFFAIRS: MEPs urge Member States to restore normal functioning in Schengen area
JUSTICE: European Public Prosecutor’s Office will officially start its work on 1 June in Luxembourg
DIGITAL: high performance computing, MEPs ready to negotiate with EU Council on future of EuroHPC joint undertaking
COHESION: Elisa Ferreira and MEPs concerned about slow pace of cohesion funds programming
COHESION: Brexit Adjustment Reserve, European Parliament and EU Council differ over regional dimension
SPACE: Eutelsat’s participation in OneWeb constellation could jeopardise its participation in European Secure Connectivity constellation project
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOCRACY: European Commission steps up efforts to enlist support of platforms in fight against online disinformation
GENDER EQUALITY: Commission not doing enough to ensure gender mainstreaming in EU budget, says European Court of Auditors
EXTERNAL ACTION
SWITZERLAND: Ursula von der Leyen “regrets” Bern’s decision to abandon negotiations on institutional framework agreement
CHINA: first EU-US High Level Dialogue
BELARUS: Lukashenko turned country into Europe’s North Korea, says Svetlana Tikhanovskaya
HOME AFFAIRS/DEFENCE: Africa, EU neighbourhood, Near East, and Indo-Pacific region on agenda of informal ministerial meetings
JAPAN: EU to further strengthen ties with Japan at 27 May summit
TRADE: European Parliament committee approves report on trade-related implications of Covid-19
INSTITUTIONAL
EU2021SI: resilience and recovery as priorities of Slovenian EU Council Presidency in second half of 2021
BUDGET: MEPs want an investigation into conflict of interest involving Czech Prime Minister Andrej Babiš
ECONOMY - FINANCE - BUSINESS
COMPANIES: revised mandate for Portuguese Presidency of EU Council over country-by-country reporting
TAXATION: agreement on international tax reform within reach, says Franco-German duo
NEWS BRIEFS
HOME AFFAIRS: MEPs on European Parliament’s Committee on Civil Liberties endorse agreement reached on EU digital Covid certificate
AGRICULTURE: CAP contribution to EU climate targets for 2014-2020 is 26%, study finds
ENERGY: new European nuclear safety instrument to be adopted
SPACE: General Court rejects OHB System’s request to suspend award of space contracts to Thales Alenia and Airbus
FINANCE: Single Resolution Board updates its policy on MREL-eligible assets in case of bank resolution
SEAS: EU Council conclusions on a sustainable blue economy
FOOD SAFETY: European Commission preparing regulation to restrict use of red yeast rice as food supplement
TRANSPORT: European Aviation Safety Agency asks airlines to avoid Belarusian airspace