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Image header Agence Europe
Europe Daily Bulletin No. 13066
Contents Publication in full By article 21 / 34
ECONOMY - FINANCE - BUSINESS / Finance

Better Finance calls on EU Council to tackle conflicts of interest

Better Finance, the European federation of savers and users of financial services, strongly advised the EU Council to support the proposal to ban ‘kickbacks’ that are detrimental to retail investors, in a statement issued on Friday 18 November.

“Worryingly a ‘non-paper’ from the Presidency of the Council not only shamelessly ignores a straightforward ban, but actually aims to institutionalise a detrimental practice for ‘retail’ investors (payment for order flows, or PFOF)”,...

Contents

FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW: despite some progress, concerns remain about state of Rule of law in Hungary
FUNDAMENTAL RIGHTS: Member States support measures to include people with disabilities in labour market
SECTORAL POLICIES
Interview REGIONS: “Member State cannot be absolute filter for European climate policies”, says Vincent Chauvet of Committee of Regions
INTERNAL MARKET: machinery and equipment — EU institutions are making rapid progress on dossier
DIGITAL: cybersecurity in EU institutions, agencies and bodies, EU Council adopts its position for future negotiations with European Parliament
CIRCULAR ECONOMY: Czech Presidency prepares summary report for EU Competitiveness Council on Ecodesign regulation
ENERGY: Member States ready to give green light to emergency measures to accelerate deployment of renewables in EU
ENERGY: Czech Presidency of EU Council submits new proposal for political agreement on emergency gas price regulation
ENERGY: Luxembourg announces its withdrawal from Energy Charter Treaty
CLIMATE: Poland calls for exempting households from future carbon market for buildings and road transport
CIVIL PROTECTION: Albania joins EU Civil Protection Mechanism
HEALTH: HERA signs framework contract for up to 2 million doses of Imvanex monkeypox vaccine to be delivered to 14 states
HEALTH: BEUC is concerned about inclusion of transferable exclusivity vouchers in European Commission’s future revised pharmaceutical strategy
EDUCATION: good progress in EU in combatting early school leaving
INSTITUTIONAL
EUROPEAN PARLIAMENT: seventy years of institution, Russian invasion, migration, energy and EU budget on agenda of plenary session
EXTERNAL ACTION
ANGOLA: European Commission concludes negotiations on Sustainable Investment Facilitation Agreement with Luanda
CENTRAL ASIA: Josep Borrell promotes greater connectivity between EU and Central Asia
UKRAINE: EU and Council of Europe welcome verdict on MH17
SECURITY - DEFENCE
SECURITY: EU concludes hybrid threat exercise
ECONOMY - FINANCE - BUSINESS
FINANCE: European Parliament study recommends harmonising intellectual property rights to facilitate take-up of distributed ledger technology
FINANCE: Better Finance calls on EU Council to tackle conflicts of interest
COUNCIL OF EUROPE
FUNDAMENTAL RIGHTS: Council of Europe promotes Iceland’s Barnahus model for supporting child victims of sexual abuse
NEWS BRIEFS
BANKS: 2023 will mark end of transition period for Single Resolution Board
EIB: Marjut Falkstedt to take over as head of EIF on 1st of January 2023
PATENTS: EPO and UPC sign agreement on data exchange
COHESION: Normandy will receive €106 million from Just Transition Fund
COHESION: Italy receives an additional €1.5 billion from REACT-EU
TRADE: EU imposes anti-dumping duty on Chinese and Brazilian electrolytic chromium steel
FINANCE: ESMA publishes new guidelines for central counterparties
FINANCE: ESMA launches call for input on provision of investment services
GULF: Ursula von der Leyen announces forthcoming appointment of special envoy
MIGRATION: EU Council authorises European Commission to negotiate extension of Frontex missions in four Western Balkan countries
UNITED KINGDOM: EU Ministers for European Affairs reiterate that Northern Ireland Protocol is only possible framework for resolving Brexit-related difficulties
FOOD SECURITY: EU welcomes renewal of Black Sea Grain Initiative