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Europe Daily Bulletin No. 12764

17 July 2021
Contents Publication in full By article 17 / 35
ECONOMY - FINANCE - BUSINESS / Finance
PRIIPS Regulation, European Commission proposes to extend transitional arrangement until 30 June 2022
Brussels, 16/07/2021 (Agence Europe)

On Thursday 15 July, the European Commission proposed to extend the transitional arrangement provided for in the Regulation on Packaged Retail and Insurance-based Investment Products (‘PRIIPs’) until 30 June 2022 .

The Regulation requires PRIIPs originators to provide retail investors with a key information document (KID) on each of the products they offer.

However, it provides for a transitional arrangement whereby management companies, investment companies and persons advising on, or...

Contents

SECTORAL POLICIES
AGRICULTURE: European Commission proposes new strategy to protect and restore EU forests
AGRICULTURE: Slovenian priorities, organic farming, trade and animal welfare to be discussed at EU Council on Monday 19 July
Interview on MIGRATION: Birgit Sippel believes that it is time to try to move forward with “the most serious countries” on Asylum Pact rather than seeking consensus at all costs
JUSTICE: Slovenian EU Council Presidency optimistic about reaching agreement with European Parliament on e-evidence notification
JUSTICE: Slovenian Presidency of Council of EU starts its work with Ministers of Justice on respect of children’s rights
JUSTICE: European Commission proposes EU accession to 2019 Hague Judgement Convention
DIGITAL: Commission reminds Member States of its priorities in use of artificial intelligence in field of justice
DIGITAL: European data governance takes another step forward in European Parliament
HEALTH: MEPs prepare response to European Commission’s cancer proposals
CLIMATE: ‘Fit for 55’ package, main changes in ETS for aviation
CLIMATE: proposal for carbon market for buildings and road transport already criticised by some Member States
CLIMATE/FINANCE: complementary delegated act on EU taxonomy will cover nuclear energy, confirms European Commission
COHESION: CPMR considers that programming delays are most significant since 2007
EU RESPONSE TO COVID-19
HEALTH: despite stable hospitalisation rates, Covid-19 cases in Europe have increased by more than 60% this week, warns ECDC
ECONOMY: European Commission proposes approval of Irish recovery plan
REGIONS: Committee of Regions calls on Commission to extend emergency measures to deal with pandemic
ECONOMY - FINANCE - BUSINESS
FINANCE: PRIIPS Regulation, European Commission proposes to extend transitional arrangement until 30 June 2022
STATE AID: green light for a €1.2 billion Portuguese loan to TAP and opening of investigation into further support of €3.2 billion
COURT OF JUSTICE OF THE EU
BANKS: Court interprets scope of European Banking Authority’s powers
BANKS: Court confirms legality of EU rules on calculation of ex-ante contributions to Single Resolution Fund
SOCIAL: Court of Justice confirms economically inactive EU citizens have right to be affiliated to health insurance system of another Member State
SOCIAL: Court specifies cases in which the Working Time Directive does not apply to activities of military personnel
SOCIAL: according to CJEU, Estonian regulation on health requirements for prison officers is contrary to EU law
SOCIAL AFFAIRS
SOCIAL: Nicolas Schmit believes there is “absolute need for improvement” on Social Climate Fund
EXTERNAL ACTION
WTO: Progress but no agreement on fisheries subsidies after a ministerial meeting in Geneva
LEBANON: EU takes note of resignation of Prime Minister-designate
AFGHANISTAN: Mrs Farid and Mr Auštrevičius call for resumption of peace talks
INSTITUTIONAL
DEFENCE: according to European Ombudsman, EDA should have forbidden Jorge Domecq from becoming strategic adviser at Airbus Defence and Space
NEWS BRIEFS
ECONOMY: euro area inflation confirmed at 1.9% in June
TAXATION: MEPs call on European Commission to deliver on its commitment to EU digital levy
JUSTICE: European Public Prosecutor’s Office, Slovenia promises to select its European Delegated Prosecutors soon
JUSTICE: European Public Prosecutor’s Office opens investigation into Croatian town mayor
SOCIAL: Marianne Vind will be rapporteur on new OSH strategic framework on safety and health at work post-2020
CALENDAR
Main activities of the European institutions: until 23 July 2021
CALENDAR EXTRA
Other events: until 22 July 2021