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Image header Agence Europe
Europe Daily Bulletin No. 12949
Contents Publication in full By article 31 / 32
NEWS BRIEFS / Finance

European Supervisory Authorities call for product descriptions for retail investors to be improved

10/05/2022 (Agence Europe) – On Tuesday, 10 May, the European Supervisory Authorities (ESAs)—EBA, EIOPA, and ESMA—published a joint statement regarding key information documents for packaged retail and insurance-based investment products (PRIIPs). These documents are supposed to contain information on the type of product, its objectives, the type of retail investor targeted, and the term of the product, if known. The ESAs highlight a range of poor practices in how PRIIP...

Contents

SECTORAL POLICIES
ENERGY: European Commission’s four-pronged strategy to develop solar energy in EU
ENERGY: European Commission considers raising EU’s 2030 renewable energy target, according to an internal draft document
ENERGY: European Commission’s plan to redefine EU’s external energy policy
TRANSPORT: alternative fuels, French Presidency of EU Council specifies certain rules for deployment of recharging stations on TEN-T network
AGRICULTURE: European Commission hopeful that national strategic plans on CAP could be adopted “before the end of the summer”
AGRICULTURE: European Commission is trying to find solutions to pigmeat sector problems
HOME AFFAIRS: child pornography online, European Commission will force service providers to increase monitoring of their users’ communications
DIGITAL: French EU Council Presidency to strengthen cyber resilience and protection capabilities
INTERNAL MARKET: European Parliament and EU Council meet for first time on Common Charger Directive
RESEARCH: €562 million extension to Horizon Europe programme for 2021-2022
EXTERNAL ACTION
SYRIA: international community promises €6.4 billion in aid for Syrians and neighbouring countries for 2022 and beyond
FOREIGN AFFAIRS/DEVELOPMENT: European Commission and EIB sign €26.7 billion guarantee agreement for investments in third countries
MIDDLE EAST: EU calls for efforts to resume political process
TRADE/CLIMATE: compromise in European Parliament on report for a EU Carbon Border Adjustment Mechanism
Russian invasion of Ukraine
RUSSIA: talks on EU sanctions continue
STATE AID: European Commission approves €400 million in French aid for agriculture and fisheries
COUNCIL OF EUROPE: Marija Pejčinović Burić announces cooperation with Ukraine to investigate human rights violations
CYBER SECURITY: EU condemns Russian attack on Ukrainian satellites on 24 February
ECONOMY - FINANCE - BUSINESS
TAXATION: experts explain how European systems allowed Russian oligarchs to hide their wealth
COMPETITION: European Commission adopts new Block Exemption Regulation
COMPETITION: European Commission awaits formal notification of Spanish and Portuguese measures temporarily capping energy prices
STATE AID: green light for €45 million Irish support for fish processing sector in context of Brexit
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: European Parliament rapporteur sets higher bar than European Commission on digital platform workers
INSTITUTIONAL
Interview FUTURE OF EU: It is time to increase the role of regions and cities in the EU’s decision-making process, says Apóstolos Tzitzikóstas
FUTURE OF EU: employers welcome proposals on Conference on Future of Europe
EU RESPONSE TO COVID-19
WTO: quadrilateral agreement on Covid-19 vaccine patent waiver gains momentum
HOME AFFAIRS: European Commission adopts three equivalence decisions for Covid certificates issued by Indonesia, Seychelles and Vietnam
COHESION: REACT-EU, European Commission announces €84.3 million for Finland, Germany and Latvia
NEWS BRIEFS
PATENTS: European Patent Office strengthens its cooperation with Peru
CHINA : Emmanuel Macron puts on EU Council President’s hat during telephone conversation with Xi Jinping
FINANCE: European Supervisory Authorities call for product descriptions for retail investors to be improved
PAYMENTS: European Commission consults on review of Payment Services Directive and open finance