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Europe Daily Bulletin No. 13289

10 November 2023
Contents Publication in full By article 3 / 35
ECONOMY - FINANCE - BUSINESS / Banks
‘CMDI’ proposal will expand scope of banking resolution to additional thirty banks, says Single Resolution Board
Brussels, 09/11/2023 (Agence Europe)

The Single Resolution Board (SRB) believes that the ‘CMDI’ proposal to strengthen crisis management in the event of a banking crisis, currently under negotiation in the European Parliament (see EUROPE B13266A17) and the Council of the EU (see EUROPE B13183A2), will expand the scope of resolution to an additional “30 banks (mostly less significant institutions)”, even though the final decision will rest with the competent national authorities, in a note sent as part of the Eurogroup...

Contents

ECONOMY - FINANCE - BUSINESS
ECONOMY: negotiations on reform of Stability and Growth Pact intensify in EU Council
MONEY LAUNDERING: several Member States in ‘seduction’ mode to host future AMLA
BANKS: ‘CMDI’ proposal will expand scope of banking resolution to additional thirty banks, says Single Resolution Board
EXTERNAL ACTION
HUMANITARIAN AID: willingness to act in a coordinated way to increase humanitarian access for Gaza’s civilian population dominated international conference in Paris
SECTORAL POLICIES
ENVIRONMENT: revision of ‘air quality’ directives, EU Council is ready to negotiate with European Parliament
DIGITAL: child protection measures under DSA, Commission opens probe into TikTok and YouTube
ENERGY: Nuclear Alliance, meeting in Bratislava, welcomes European Commission’s support for net-zero carbon technologies, including nuclear power
REGIONS: Automotive Regions Alliance calls for additional EU funding
EUROPEAN PARLIAMENT PLENARY
UNITED STATES: MEPs highly critical of conclusions of EU-US Summit
BUDGET: European Parliament approves proposal for new own resources for EU budget
INDUSTRY: Euro 7, European Parliament ready to negotiate with EU Council
ENERGY: MEPs highlight efforts still needed to reduce dependence on Russian gas
DIGITAL: MEPs approve interinstitutional agreement on ‘Data Act’
ENVIRONMENT: European Parliament supports bringing WEEE Directive into line with a Court of Justice judgment regarding management of electrical and electronic waste
COURT OF AUDITORS: European Parliament supports candidacy of Irish, Danish and Spanish members of European Court of Auditors
FISHERIES: European Parliament approves conclusion of EU/Madagascar agreement
FISHERIES: European Parliament adopts position on measures in Northwest Atlantic Fisheries Organisation area
FOREIGN AFFAIRS: European Parliament calls on EU to support citizens in illiberal political systems
Russian invasion of Ukraine
RUSSIA: European Parliament calls for enforcement of sanctions to be monitored more closely
RUSSIA: Bulgarian refinery is said to have purchased Russian crude oil worth estimated €1.1 billion in tax revenue for Moscow
SECURITY - DEFENCE - SPACE
SPACE: ESA, Airbus and Voyager Space strengthen their collaboration on Starlab space station
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: Spanish Presidency of EU Council asks European Parliament to find a way to accept its vision of presumption of salaried status for platform workers
COURT OF JUSTICE OF THE EU
STATE AID: tax rulings granted to Apple—CJEU advocate general recommends referring case to EU’s General Court
HOME AFFAIRS: Sweden ordered to pay €8.5 million for late transposition of amended weapons directive
DIGITAL: Member States may not subject communication platforms established in another European State to general and abstract obligations to monitor illegal content
INDUSTRY: CJEU says independent operator access to vehicle identification numbers does not contravene GDPR rules
NEWS BRIEFS
STATE AID: European Commission approves €60 million Dutch state aid scheme to support renewable heat production projects
FINANCE/CLIMATE: European Commission working on taxonomy for mining activities
ECONOMY: formal approval of revised plans for four EU countries
CHINA: Thierry Breton on a visit to reaffirm European Union's economic interests
FINANCE: European Commission consults on criteria, procedures and fees for monitoring crypto-assets
SEA: MEPs oppose deepwater mining in Norwegian Sea
MIDDLE EAST: Alexander De Croo in favour of EU sanctions targeting Israeli extremists advocating violence in West Bank
TRANSPORT: intermodal freight cannot be achieved without review of lorry weights and dimensions, warns ERC
TURKEY: EU Council extends for a year restrictive measures linked to unauthorised drilling activities in Eastern Mediterranean