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Image header Agence Europe
Europe Daily Bulletin No. 13702
Contents Publication in full By article 20 / 33
ECONOMY - FINANCE - BUSINESS / Finance

MEPs discuss deployment of artificial intelligence in EU financial sector

On Thursday 4 September, MEP Arba Kokalari (EPP, Swedish) presented her draft report on the impact of artificial intelligence (AI) on the European Union’s financial services sector. Some 174 proposed amendments to the text have already been submitted by MEPs on the European Parliament’s Committee on Economic and Financial Affairs (ECON).

“Artificial intelligence in finance should be encouraged as much as possible. Finance sector in Europe is already the largest spender on IT and ICT...

Contents

SECTORAL POLICIES
ENERGY: in Copenhagen, Dan Jørgensen announces launch of first two tripartite contracts with industry for affordable energy
ENERGY: in committee, MEPs sceptical about proposal for delegated act on ‘low-carbon’ hydrogen
CLIMATE: 2040 target - Ondřej Knotek’s report rejecting -90% target provokes cross-party opposition
ENVIRONMENT: circular economy, water, ocean and chemicals are environmental priorities of Danish Presidency of EU Council
FISHERIES: CFP objectives not achieved in Baltic Sea, admits European Commission
AGRICULTURE: MEPs expected to agree on Monday 8 September on strengthening farmers’ power
DIGITAL: France imposes record fine on Google while European Commission’s sanction still pending
DEMOCRACY: Sweden sends series of proposals to European Commission for creation of ‘European Democracy Shield’
RESEARCH: European Research Council grants €761 million to next generation of scientists
TRANSPORT/DEFENCE: European Commission urges EU27 to support proposed budget for military mobility
HOME AFFAIRS: European Parliament’s EPP Group wants to protect police profession in EU
Russian invasion of Ukraine
UKRAINE: “We are ready”, announces ‘Coalition of the Willing’
EXTERNAL ACTION
MERCOSUR: several EU farming organisations call for rejection of EU-Mercosur agreement
MOLDOVA: European Commission to provide €18.9 million under ‘Reform and Growth Facility’
MEDITERRANEAN: Stefano Sannino calls for stronger EU relations with countries in region
ASEAN: EU supports two flagship biodiversity programmes in South-East Asia worth €30 million
INSTITUTIONAL
FUTURE OF EU: Social Democrat MEPs urge European Commission to place international law at heart of EU’s external policies
BUDGET: Committee on Budgetary Control calls on European Parliament to recover €4 million misappropriated by ‘Identity and Democracy’ group
ECONOMY - FINANCE - BUSINESS
ECB: S&D and Renew Europe groups highlight slowness of European Parliament’s work on digital euro
FINANCE: MEPs discuss deployment of artificial intelligence in EU financial sector
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: Eurofound observes improvements in job quality over last decade, but also significant inequalities between men and women
SOCIAL/EMPLOYMENT: Roxana Mînzatu assures MEPs that EU’s social action will remain robust in new architecture of 2028-2034 European budget
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: European Disability Forum publishes note to UN experts on European priorities
COURT OF JUSTICE OF THE EU
DIGITAL: CJEU clarifies concept of “personal data”, even in cases where it is anonymised
JUSTICE: a national court must consider judgment of a higher court that does not constitute an independent and impartial tribunal to be null and void
JUSTICE: issuing State must give its consent to non-execution of European arrest warrant, notes Court of Justice of EU
EUROPEAN PARLIAMENT: lifting of parliamentary immunity of Carles Puigdemont, Antoni Comín and Clara Ponsatí was lawful, according to Advocate General of CJEU
COUNCIL OF EUROPE
DEMOCRACY: Council of Europe calls on Slovak Republic to take “determined action” to combat corruption
MIGRATION: Commissioner for Human Rights warns of risks of human rights violations linked to externalisation policies for migration
NEWS BRIEFS
DIGITAL: European Commission launches consultations on a second code of practice for AI systems
PAKISTAN: European Commission releases €1 million in humanitarian aid after deadly floods
FISHERIES: MEPs green-light EU-Côte d’Ivoire fisheries agreement
SOCIAL: European Parliament’s Committee on Employment and Social Affairs approves provisional agreement on new ESF+ flexibilities