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Europe Daily Bulletin No. 12962

1 June 2022
Contents Publication in full By article 24 / 27
NEWS BRIEFS / Finance
ESMA warns of importance of supervision of costs and fees in investment funds

31/05/2022 (Agence Europe) – The European Securities and Markets Authority (ESMA) has stressed the importance of supervision to ensure that investors are not charged undue costs, in its joint report on supervision of costs and fees in investment funds, published on Wednesday 31 May. The study, conducted with national competent authorities over the course of 2021, found that “costs remain a critical component when evaluating the ultimate benefits of an investment and [...] they remain...

Contents

EUROPEAN COUNCIL
ENERGY: EU leaders want to consider temporary ceilings on energy import prices
FOOD SECURITY: EU leaders hope for a lifting of Russian blockade of port of Odessa to allow grain exports
DEFENCE: EU leaders pledge to develop defence capabilities
UKRAINE: Michel calls for pause in adoption of sanctions
ENLARGEMENT: Draghi says ‘big countries’ in EU are against granting Ukraine candidate country status
Russian invasion of Ukraine
JUSTICE: Estonia, Latvia and Slovakia formally join joint investigation team on war crimes in Ukraine
ENERGY: Gazprom interrupts gas deliveries to Dutch and Danish suppliers
MIGRATION: European Commission launches registration platform for Ukrainian refugees
SOCIAL AFFAIRS
EMPLOYMENT: Member States invited to work on possible compromises with European Parliament to reach an agreement on minimum wages Directive
SECTORAL POLICIES
TRANSPORT: ‘Single European Sky’, French Presidency of EU Council clarifies rules for submission of performance plans
DIGITAL: circumventing European copyright rules, Member States point finger at practices of major platforms and search engines
ENVIRONMENT: ECHA has not changed classification of glyphosate, much to dismay of NGOs
ENVIRONMENT: EU greenhouse gas emissions down by 34% in 2020 compared to 1990, according to EEA data
AGRICULTURE: final interinstitutional negotiations on agricultural input statistics on 2 June
AGRICULTURE: EU agri-food trade shows strong growth in early 2022
HOME AFFAIRS: cultural change at Frontex “will not happen overnight”, warns its Deputy Director
HEALTH: European Commission moves forward on right to be forgotten for cancer sufferers
INSTITUTIONAL
FUTURE OF EU: discussions in European Parliament on best way to explain request to convene a Convention to reform EU
EXTERNAL ACTION
CIVIL PROTECTION: EU makes urgent case for investing in resilience at 7th Global Platform for Disaster Risk Reduction
NEWS BRIEFS
AGRICULTURE: European Commission approves two new protected designations of origin from Spain
ECONOMY: euro area inflation estimated at 8.1% in May
COMPANIES: energy performance of buildings, SMEs call for more normative stability
SPACE: Member States approve two sets of conclusions on future of Copernicus and space traffic management
FINANCE: ESMA warns of importance of supervision of costs and fees in investment funds
INDUSTRY: lobbies and NGOs call for inclusion of renewable hydrogen in RefuelEU Aviation initiative
JUSTICE: European Parliament appoints a member of selection committee which will elect next European Chief Prosecutor
SOCIAL/CLIMATE: EU Member States prepare to approve recommendation on fair transition towards climate neutrality