ThinkTank logo The documents that help shape new EU legislation
Posted on 24-04-2017

A SECOND CHANCE FOR ENTREPRENEURS

20-03-2017

There are still several Member States where a business cannot be restructured before it is insolvent. Important discrepancies have remained as to the duration of the discharge period. Such differences in Member States' legal frameworks mean continuing legal uncertainty. The proposal aims to reduce barriers to cross-border investment related to differences between the Member States' restructuring and second chance frameworks, and to increase investment and job opportunities in the single market. ...

There are still several Member States where a business cannot be restructured before it is insolvent. Important discrepancies have remained as to the duration of the discharge period. Such differences in Member States' legal frameworks mean continuing legal uncertainty. The proposal aims to reduce barriers to cross-border investment related to differences between the Member States' restructuring and second chance frameworks, and to increase investment and job opportunities in the single market. Furthermore, unnecessary liquidations of viable companies should be decreased, value for creditors, owners and the economy should be maximised, and possibilities of cross-border restructurings be increased. Finally, the Directive is intended to improve the effectiveness of all restructuring, insolvency and second chance procedures with a view to reducing their length and costs.

The future of work in the EU

24-04-2017

Economic and technical changes are redrawing the map of the world of work: new jobs are appearing while others are becoming obsolete, and atypical work patterns are replacing full-time work and open-ended contracts. In addition, work is increasingly being carried out on online platforms connecting buyers and sellers, or by large project teams across borders and time zones. Robotics and digitalisation raise new questions, as machines are progressively replacing the human workforce for routine tasks ...

Economic and technical changes are redrawing the map of the world of work: new jobs are appearing while others are becoming obsolete, and atypical work patterns are replacing full-time work and open-ended contracts. In addition, work is increasingly being carried out on online platforms connecting buyers and sellers, or by large project teams across borders and time zones. Robotics and digitalisation raise new questions, as machines are progressively replacing the human workforce for routine tasks, and as new types of professional and personal skills are required to respond to technological progress. Active labour-market policies are needed to cater for the changing reality in the world of work. This concerns social security systems, which must adapt to new, constantly changing, requirements, unresolved ethical and practical problems relating to robotics, and the need for new digital skills, which are essential to survive in the new working environment.

Rules on independence and responsibility regarding auditing, tax advice, accountancy, account certification services and legal services

14-04-2017

This study maps the rules on independence and responsibility that are applicable at national, EU, and international level that govern the service provision by intermediaries such as companies working in auditing, tax advice, accountancy and account certification or by legal advisors (attorneys, solicitors, legal consultants, in-house lawyers, etc.). The mapping forms the basis for policy recommendations to encourage intermediaries to deliver a positive contribution to combatting tax evasion, tax ...

This study maps the rules on independence and responsibility that are applicable at national, EU, and international level that govern the service provision by intermediaries such as companies working in auditing, tax advice, accountancy and account certification or by legal advisors (attorneys, solicitors, legal consultants, in-house lawyers, etc.). The mapping forms the basis for policy recommendations to encourage intermediaries to deliver a positive contribution to combatting tax evasion, tax avoidance and money laundering. This document was prepared for Policy Department A at the request of the Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA).

External author

Ian ROXAN (LSE), Saipriya KAMATH (LSE), Willem Pieter DE GROEN (CEPS) ; Research support: Katharina EHRHART (LSE Enterprise)

Role of advisors and intermediaries in the schemes revealed in the Panama Papers

14-04-2017

The use of offshore entities that facilitate money laundering, tax avoidance and tax evasion undermines the fair distribution of the tax burden in onshore jurisdictions. The Panama Papers shed some light on the activities that are usually conducted in secrecy, with the disclosure of information on 213,634 offshore entities in jurisdictions such as the British Virgin Islands, Panama and the Seychelles. This analysis assesses the role of advisors (tax experts, legal experts, administrators, investment ...

The use of offshore entities that facilitate money laundering, tax avoidance and tax evasion undermines the fair distribution of the tax burden in onshore jurisdictions. The Panama Papers shed some light on the activities that are usually conducted in secrecy, with the disclosure of information on 213,634 offshore entities in jurisdictions such as the British Virgin Islands, Panama and the Seychelles. This analysis assesses the role of advisors (tax experts, legal experts, administrators, investment advisors) and intermediaries (law firms, accounting firms, trust companies, banks, etc.) involved in the phases of the identified decision-making cycle (advice, creation, maintenance, enforcement). This document was prepared for Policy Department A at the request of the Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA).

External author

Willem Pieter DE GROEN (CEPS)

Posted on 21-04-2017

Discharge for 2015 budget – EU institutions other than the European Commission

21-04-2017

Parliament’s Budgetary Control Committee recommends granting discharge for eight administrative sections of the 2015 EU budget and postponing the decision to October in one case (European Council and Council). Parliament is expected to decide on the matter during the April II plenary session.

Parliament’s Budgetary Control Committee recommends granting discharge for eight administrative sections of the 2015 EU budget and postponing the decision to October in one case (European Council and Council). Parliament is expected to decide on the matter during the April II plenary session.

Discharge for 2015 budget – European Commission and executive agencies

21-04-2017

During the April II plenary session, the European Parliament is expected to decide whether to grant discharge for the 2015 financial year to the different institutions and bodies of the European Union (EU). The debate will start with the report covering the European Commission (plus six executive agencies) which manages the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning the management of the European Development Funds (EDFs), because the EDFs are ...

During the April II plenary session, the European Parliament is expected to decide whether to grant discharge for the 2015 financial year to the different institutions and bodies of the European Union (EU). The debate will start with the report covering the European Commission (plus six executive agencies) which manages the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning the management of the European Development Funds (EDFs), because the EDFs are not part of the general budget of the EU but based on intergovernmental agreement. The Committee on Budgetary Control (CONT) recommends the plenary should grant the Commission and all six executive agencies discharge for 2015, and also to grant discharge in respect of the implementation of the operations of the 8th, 9th, 10th and 11th EDFs in that year.

Discharge for the 2015 budget – EU decentralised agencies and joint undertakings

21-04-2017

During the April II plenary session, the European Parliament is due to vote on recommendations on discharge to the EU agencies and joint undertakings for their implementation of the 2015 budget. The Committee on Budgetary Control proposes to grant them all discharge.

During the April II plenary session, the European Parliament is due to vote on recommendations on discharge to the EU agencies and joint undertakings for their implementation of the 2015 budget. The Committee on Budgetary Control proposes to grant them all discharge.

Celebrating European cultural heritage in 2018

21-04-2017

A Commission proposal paving the way to the designation of 2018 as the European Year of Cultural Heritage is due to be voted in plenary in April. 2018 will be dedicated to European cultural heritage and its role in the continent's shared history and values, following a recommendation from Parliament.

A Commission proposal paving the way to the designation of 2018 as the European Year of Cultural Heritage is due to be voted in plenary in April. 2018 will be dedicated to European cultural heritage and its role in the continent's shared history and values, following a recommendation from Parliament.

Structural reform support programme 2017-2020

21-04-2017

The European Parliament is due to vote on the Commission proposal for a structural reform support programme offering Member States technical help in designing and implementing growth-enhancing structural reforms. The proposed budget of €142.8 million is to be redirected from the technical assistance resources available under the European Structural and Investment Funds.

The European Parliament is due to vote on the Commission proposal for a structural reform support programme offering Member States technical help in designing and implementing growth-enhancing structural reforms. The proposed budget of €142.8 million is to be redirected from the technical assistance resources available under the European Structural and Investment Funds.

EU flagship initiative on the garment sector

21-04-2017

After the 2013 Rana Plaza garment factory tragedy in Bangladesh, the European Commission pledged to table an EU-wide flagship initiative to boost responsible management of the garment industry. To date, this initiative has yet to be launched. A motion for a Parliament resolution, due to be voted at the April II part-session, calls on the Commission to put forward a legislative proposal and focuses, among other things, on introducing mandatory due diligence for the supply chains in the industry.

After the 2013 Rana Plaza garment factory tragedy in Bangladesh, the European Commission pledged to table an EU-wide flagship initiative to boost responsible management of the garment industry. To date, this initiative has yet to be launched. A motion for a Parliament resolution, due to be voted at the April II part-session, calls on the Commission to put forward a legislative proposal and focuses, among other things, on introducing mandatory due diligence for the supply chains in the industry.

Upcoming events

24-04-2017
Hearing on the Implementation of the landing obligation and allocation of quotas
Hearing -
PECH
24-04-2017
The implementation of the Treaty Provisions on National Parliaments
Other event -
AFCO
25-04-2017
Hearing on "Updating CRR, CRD, BRRD and SRMR: the new banking legislation package"
Hearing -
ECON

Infographics

Stay connected

email update imageEmail updates system

You can follow anyone or anything linked to the Parliament using the email updates system, which sends updates directly to your mailbox. This includes the latest news about MEPs, committees, the news services or the Think Tank.

You can access the system from any page on the Parliament website. To sign up and receive notifications on Think Tank, simply submit your email address, select the subject you are interested in, indicate how often you want to be informed (daily, weekly or monthly) and confirm the registration by clicking on the link that will be emailed to you.

RSS imageRSS feeds

Follow all news and updates from the European Parliament website by making use of our RSS feed.

Please click on the link below to configure your RSS feed.

widget imageRSS widgets

Please click on the button below to add a widget covering publications available via the Think Tank to your website.

Create a RSS widget

Publications of the Think Tank

The content of all documents contained in the Think Tank website is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work.

The Think Tank is on...