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Europe Daily Bulletin No. 13547

18 December 2024
Contents Publication in full By article 29 / 37
ECONOMY - FINANCE / Money laundering
Coordination colleges have become more effective, but there is still room for improvement, says EBA
Brussels, 17/12/2024 (Agence Europe)

National competent authorities (NCAs) continued to improve the functioning of anti-money laundering and countering the financing of terrorism (AML/CFT) colleges in 2023, according to a report by the European Banking Authority (EBA) published on Monday 16 December. Nevertheless, further progress is needed.

The EBA has identified two key areas for improvement in particular: - adapt the operation of the colleges to the risks of money laundering and terrorist financing to which the business in...

Contents

EXTERNAL ACTION
WESTERN BALKANS: leaders’ summit will provide opportunity to take stock of region’s rapprochement with EU
ENLARGEMENT: Albania and Montenegro make progress towards EU membership, while EU27 remain cautious about Serbia
SYRIA: Ursula von der Leyen calls for closer relations with HTS
TURKEY: Recep Tayyip Erdoğan reiterates EU membership remains strategic objective for Ankara
SWITZERLAND: EU Member States’ European Affairs Ministers are counting on an agreement with Bern in next few days
UNITED KINGDOM: relaunching cooperation with London, EU countries want to set clear “limits” to what is “feasible and mutually beneficial”
SECTORAL POLICIES
ENVIRONMENT: EU Council adopts its position on regulation on prevention of plastic pellet losses to environment
ENVIRONMENT: End-of-Life Vehicles Regulation - Member States and European Commission share their expectations for political agreement at EU Council
ENVIRONMENT: several Member States insist on urgent need to revise REACH regulation, urging European Commission to publish its proposal
CLIMATE: European Climate Ministers call for rapid adoption of 2040 climate target
CLIMATE: price alignment, electrification and public support, levers for European Union’s green transition
ENERGY: ACER warns energy ministers of rising electricity system costs, which are undermining EU’s competitiveness
MIGRATION: new partnerships, Turkey, ‘Asylum Pact’ and law on returns, Ursula von der Leyen reiterates new Commission’s priorities
MIGRATION: Ursula von der Leyen announces additional €1 billion for Turkey to continue supporting reception of Syrian refugees
DIGITAL: following irregularities in Romanian elections, EU opens formal proceedings against TikTok for potential breach of DSA
TOURISM/CONSUMERS: revision of ‘Package Travel’ Directive, EU Member States prepare to adopt negotiating position
TRANSPORT: Member States renew request to European Commission to support automotive sector
TRANSPORT: European Commission issues recommendations to help seaports make ecological transition
COHESION: EU co-legislators seal agreement on development of cross-border regions
COHESION: Germany advocates reform of cohesion policy after 2027
EUROPEAN PARLIAMENT PLENARY
HUMAN RIGHTS: European Parliament presents 2024 Sakharov Prize to Venezuelan political opposition figures
SYRIA: MEPs call on EU to invest in Syria
GEORGIA: Georgian President, Salomé Zourabichvili, to address European Parliament on Wednesday 18 December
EUROPEAN OMBUDSMAN: Portugal’s Teresa Anjinho elected European Ombudsman
REGIONS: European Parliament endorses Regional Emergency Support to Reconstruction which should benefit Mayotte
ENVIRONMENT: European Parliament postpones Deforestation Regulation by one year, as negotiated with EU Council
ECONOMY - FINANCE
ECONOMY: EU Council ready to negotiate with the European Parliament on macrofinancial assistance to Moldova for 2025-2027 period
STATE AID: European Commission approves Italian aid worth €9.7 billion for renewable energies
MONEY LAUNDERING: coordination colleges have become more effective, but there is still room for improvement, says EBA
FINANCE: financial data sharing, Finance Watch calls for strict safeguards in ‘FiDA’ Regulation
INSTITUTIONAL
BETTER REGULATION: European Court of Auditors points to slow processing of infringement procedures
NEWS BRIEFS
FUTURE OF EU: António Costa unveils European leaders’ agenda for 2025
TRADE: European Commission to assess effectiveness of its steel safeguard measure
DEMOCRACY: António Costa wants European Council President to be covered by European Ethics Body
GENDER EQUALITY: three out of four EU citizens believe it benefits men, but stereotypes persists
GUATEMALA: extension of sanctions against five senior Guatemalan officials until January 2026
LIBYA: EU welcomes UN proposal to relaunch political process