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Europe Daily Bulletin No. 13187

25 May 2023
Contents Publication in full By article 21 / 36
ECONOMY - FINANCE - BUSINESS / Finance
European Commission unveils its retail investment strategy and gives itself three years to consider a ban on advisers’ commissions
Brussels, 24/05/2023 (Agence Europe)

On Wednesday 24 May, the European Commission adopted its ‘Retail Investment Package’. This confirms the ambitions set out by the Commission in the draft proposal that we revealed on 10 May (see EUROPE B13178A20). Among other things, it aims to tighten the rules for advisers, encourage investment in sustainable finance and enable retail investors to make decisions that “match their needs and preferences”.

The package consists of an ‘omnibus’ directive, which plans to amend...

Contents

BEACONS
Beacons: What Is the European Education Area, anyway? (2/2)
SECTORAL POLICIES
ENVIRONMENT: Member States endorse EU Council negotiating mandate over regulation on shipments of waste
ENVIRONMENT: MEPs back revision of Industrial Emissions Directive to reduce pollution
BIODIVERSITY: Nature Restoration Regulation, green light from Member States to move forward on basis of revised compromise from Swedish Presidency of the EU Council
AGRICULTURE: all political groups in European Parliament seem to want to find compromises on issue of sustainable use of pesticides
FISHERIES: European Parliament’s Committee on Fisheries also rejects Nature Restoration Law
FISHERIES: MEPs reject proposal on fisheries management measures in Indian Ocean
CLIMATE: in European Parliament Environment Committee, draft report on a carbon certification framework does not meet with unanimity
CLIMATE: more than 130 European and American elected representatives call for withdrawal of Sultan Al-Jaber from COP28 presidency
TRANSPORT: Carlo Secchi, Coordinator of Trans-European Network, laments lack of cross-border projects
TRANSPORT: four Member States want to discuss regulation of private jets
TRANSPORT: EU Council moves forward on EU-wide driving disqualification
MIGRATION: ‘Pact on Migration and Asylum’ – arrivals from Tunisia at heart of Member States’ discussions
JUSTICE: after year marked by war in Ukraine, Eurojust announces that it has increased workload by 14% compared to 2021
COHESION: all EU policies must fight social and territorial disparities and promote cohesion, says CoR
ENERGY: European Commission reaffirms its support to Moldova to facilitate integration of its energy sector into EU energy market
EXTERNAL ACTION
UNITED STATES: EU-US Trade and Technology Council expected to focus on economic security
TRADE: EU Trade Ministers to discuss relations with US and China
TRADE: European Commission’s future economic security strategy causing concern
WESTERN BALKANS: MEPs call on Albania to meet EU membership criteria by 2030
ECONOMY - FINANCE - BUSINESS
FINANCE: European Commission unveils its retail investment strategy and gives itself three years to consider a ban on advisers’ commissions
ECONOMIC/SOCIAL: European Commission recommends a prudent fiscal policy for 2024
SOCIAL AFFAIRS
SOCIAL: EU Member States still fail to agree on Digital Platform Workers Directive
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
MEDIA: political agreement on ‘anti-SLAPP’ directive approved by Member States’ ambassadors to EU
MEDIA: MEPs call for better protection of journalists in EU and worldwide
DEMOCRACY: European Ethics Body will be limited to setting standards, says Věra Jourová
COURT OF JUSTICE OF THE EU
COMPETITION: EU General Court rejects Meta’s appeal in Facebook anticompetitive practices investigation
STATE AID: Italian aid measure to airlines contested by Ryanair is annulled by General Court of the Court of Justice of the European Union
NEWS BRIEFS
HOME AFFAIRS: Member States’ discussion about regulation on child sexual abuse material shared online postponed until 31 May
BUDGET: Siegfried Mureșan appointed general rapporteur for EU 2024 budget
WOMEN’S RIGHTS: Member States’ ambassadors support EU ratification of Istanbul Convention
INTERNAL MARKET: Member States approve European Parliament/Council provisional agreement on geographical indications for industrial and craft products
MIDDLE EAST: EU condemns Israeli settler violence
REGIONS: European Committee of the Regions and UNICEF join forces to support integration of Ukrainian children
TRANSPORT: MEPs endorse agreement on deployment of alternative fuel infrastructure
TRANSPORT: MEPs endorse agreement on renewable and low-carbon fuels for maritime transport