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Image header Agence Europe
Europe Daily Bulletin No. 13278
Contents Publication in full By article 24 / 45
ECONOMY - FINANCE - BUSINESS / Finance

Retail Investment Strategy, political groups divided over ban on commissions to brokers and intermediaries

MEPs on the European Parliament’s Committee on Economic and Monetary Affairs (ECON) debated, on Tuesday 24 October, the draft report by Stéphanie Yon-Courtin (Renew Europe, French) on the Retail Investment Strategy (see EUROPE B13264A22). While the French MEP seems to have the support of the right on the issue of a total ban on commissions paid to brokers and other intermediaries, compromises will have to be found to rally the left-wing political groups to her cause.

“I do not believe...

Contents

SECTORAL POLICIES
AGRICULTURE: agreement between EU institutions on strengthening rules on geographical indications
AGRICULTURE: Austria and other countries call for concrete measures to stabilise agricultural markets
FISHERIES: EU ministers reach political agreement on Baltic 2024 quotas
HEALTH: European Commission proposes action to remedy critical shortages of medicines
ENERGY: European Commission presents action plan to support wind energy sector
ENERGY: IEA explores European ways of meeting challenges of green transition, including global peak in demand for fossil fuels
CLIMATE: MEPs agree on 70% reduction in CO2 emissions for new heavy-duty vehicles from 2035 and 90% reduction from 2040 onwards
CLIMATE: Union certification framework for carbon removals, MEPs adopt their position
TÉLÉCOMMUNICATIONS: Member States undertake to work on issue of protecting networks and cyberspace
JUSTICE/CONSUMERS: start of European Parliament/EU Council negotiations on new Product Liability Directive
JUSTICE: MEPs call for digitalisation of administrative procedures
ENVIRONMENT: future Packaging and Packaging Waste Regulation, European Parliament’s Committee on Environment backs ‘Ries’ report, between ambition and pragmatism
ENVIRONMENT: European Parliament Environment Committee does not oppose proposed 10-year renewal of glyphosate authorisation
FOOD SAFETY: European Parliament Environment Committee votes in favour of reducing use of pesticides by at least 50% by 2030
INDUSTRY: MEPs adopt position on protection of industrial designs
INSTITUTIONAL
MULTILINGUALISM: Spain takes a further step towards granting three regional languages status of official languages of EU
BUDGET: recasting Financial Regulation, initial discussions on internal control of EU budget implementation
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW : EU Ministers for European Affairs conduct a new routine exercise on state of rule of law in five Member States
MEDIA: Media Freedom Act, towards an agreement before 2024?
GENDER EQUALITY: EU gender equality index registers highest annual increase ever
ECONOMY - FINANCE - BUSINESS
TAXATION/CUSTOMS: MEPs adopt position on new e-commerce framework and revised VAT rules
TAXATION: MEPs adopt their position on VAT in digital age
FINANCE: MEPs set out position for future interinstitutional negotiations on ‘Listing Act’
FINANCE: Retail Investment Strategy, political groups divided over ban on commissions to brokers and intermediaries
MONEY LAUNDERING: negotiations between EU Council and European Parliament on strengthened regulation are progressing
ECONOMY: overall performance of Next Generation EU Recovery Plan cannot be adequately measured, says European Court of Auditors
COMPETITIVENESS: Stéphanie Yon-Courtin and European Commission agree on a number of ways to improve effectiveness of competition policy
EXTERNAL ACTION
EU2023ES: Russian aggression in Ukraine remains Europe’s biggest challenge, according to José Manuel Albares
TRADE: MEPs give green light to ratification of a trade agreement between EU and New Zealand
DEVELOPMENT: multiple crises in spotlight or forgotten - MEPs call for a substantial increase in humanitarian aid in EU budget
DEVELOPMENT: MEPs call for an EU Code of Conduct on Responsible Investment in Extractive Industries
KAZAKHSTAN: Cooperation Council marking 30th anniversary of EU-Kazakhstan bilateral relations
VENEZUELA: EU will assess advisability of lifting certain sanctions against Maduro regime
Russian invasion of Ukraine
AGRICULTURE: EU lull over Ukrainian cereal exports
ECONOMY: payment of new tranche of financial aid to Ukraine
SECURITY - DEFENCE
MARITIME SECURITY: EU Council approves Revised EU Maritime Security Strategy and Action Plan
SOCIAL - EDUCATION - CULTURE - YOUTH - SPORT
SOCIAL: demography toolbox, EU Ministers for European Affairs welcome Commission communication
CULTURE: access to employment and social security—MEPs are concerned about precariousness of cultural sector
COUNCIL OF EUROPE
COUNCIL OF EUROPE: Marc Cools elected President of Congress of Local and Regional Authorities
NEWS BRIEFS
WESTERN BALKANS: Albin Kurti calls on EU to set up special tribunal to try crimes committed by Serbia
FUNDAMENTAL RIGHTS : European Parliament Committee on Gender Equality wants explicit recognition of gender-based crimes and hate speech
ECONOMY: European Commission green-lights revised Lithuanian recovery plan
FISHERIES: Francisco Millán Mon elected first vice-chair of European Parliament’s Committee on Fisheries
FISHERIES: MEPs call for rules to save eels to be better implemented
FOOD SAFETY : European Commission announces risk assessment programme for biocides will not be completed on schedule