183

result(s)

Word(s)
Publication type
Author
Keyword
Date

Level-2 measures on draft RTS under IFR (Interchange Fees Regulation)

20-06-2017

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion of 20 June 2017 on the draft European Banking Authority (EBA) RTS under Regulation (EU) 2015/751 on interchange fees for card-based payment transactions (IFR) . The empowerment for the adoption of the RTS – introduced following an amendment by the European Parliament – is the only empowerment for a level 2 measure under the IFR.

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion of 20 June 2017 on the draft European Banking Authority (EBA) RTS under Regulation (EU) 2015/751 on interchange fees for card-based payment transactions (IFR) . The empowerment for the adoption of the RTS – introduced following an amendment by the European Parliament – is the only empowerment for a level 2 measure under the IFR.

Mutual Recognition Regulation

13-06-2017

The internal market for goods is one of the EU’s greatest achievements at European level, as well as one of its most important and continuing priorities. Despite its undeniable success, the single market has yet to reach its full potential, and barriers to free exchange of goods continue to limit opportunities for businesses and citizens. Since 2009, Regulation EC 764/2008, also known as the Mutual Recognition Regulation, has strengthened the free trade of goods within the EU. This regulation requires ...

The internal market for goods is one of the EU’s greatest achievements at European level, as well as one of its most important and continuing priorities. Despite its undeniable success, the single market has yet to reach its full potential, and barriers to free exchange of goods continue to limit opportunities for businesses and citizens. Since 2009, Regulation EC 764/2008, also known as the Mutual Recognition Regulation, has strengthened the free trade of goods within the EU. This regulation requires that all Member States provide information on their national technical rules for products lawfully marketed in another Member State and sets out a standard procedure for enforcing these rules. The European Commission is now preparing new measures aimed at improving this regulation and making it easier for businesses to market their products in another EU country. This briefing highlights some key elements of the single market for goods and focuses on the revision of Regulation EC 764/2008.

Level-2 measures under the Benchmarks Regulation

06-06-2017

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular for the discussion of 8 June 2017 on Level-2 measures under Regulation (EU) No 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds.

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular for the discussion of 8 June 2017 on Level-2 measures under Regulation (EU) No 2016/1011 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds.

Clean Vehicles Directive

29-05-2017

According to a recent evaluation of the Clean Vehicles Directive performed by the European Commission, the directive seems to raise concerns about whether the incentives included in it actually reach their intended aim, notably to increase the demand for and deployment of cleaner vehicles. Indeed, performing the evaluation was a complicated task, due to the significant data gaps that were found. This was particularly true when evaluating the implementation of the directive and its associated impacts ...

According to a recent evaluation of the Clean Vehicles Directive performed by the European Commission, the directive seems to raise concerns about whether the incentives included in it actually reach their intended aim, notably to increase the demand for and deployment of cleaner vehicles. Indeed, performing the evaluation was a complicated task, due to the significant data gaps that were found. This was particularly true when evaluating the implementation of the directive and its associated impacts, notably due to the lack of structural monitoring at EU or Member State level and the limited amount of published research and stakeholder positions available. Yet, regardless of the insufficient data, the directive appears to have had little impact with regard to incentivising a market uptake of clean vehicles and has therefore had a very limited impact on reducing the greenhouse gas emissions and air pollutants emitted from publicly procured vehicles. Ultimately, the Commission decided to revise rather than withdraw the directive, In this review process, the Commission would ensure that some appropriate reporting requirements are included in the directive. In addition, as there appear to be some barriers to the use of the monetisation methodology, the Commission would be able to consider to further develop the information available on the Clean Vehicle Portal and to provide contracting authorities with further guidance. Finally, the scope could be improved for making the directive more effective and efficient.

The European Union Agency for Network and Information Security (ENISA)

19-05-2017

Information and communication technologies play an increasing role in modern-day life and in the creation of a digital society. To ensure further growth, significant investments in security are necessary. Cybersecurity is a growing concern for citizens, influencing their digital activity. It is also a significant cost for the economy. In 2015, the estimated worldwide economic impact of cyber-attacks reached US$500 billion. The cybersecurity market in Europe was estimated at €20.1 billion. The European ...

Information and communication technologies play an increasing role in modern-day life and in the creation of a digital society. To ensure further growth, significant investments in security are necessary. Cybersecurity is a growing concern for citizens, influencing their digital activity. It is also a significant cost for the economy. In 2015, the estimated worldwide economic impact of cyber-attacks reached US$500 billion. The cybersecurity market in Europe was estimated at €20.1 billion. The European Union Agency for Network and Information Security (ENISA) was established to support the EU and the Member States in enhancing and strengthening their ability to prevent, detect and respond to network and information security (NIS) problems and incidents. ENISA is part of the broader legal and policy environment, which includes the EU cybersecurity strategy and the recently adopted directive on security of networks and information systems across the EU.

Enhancement of social legislation in road transport I (Driving time)

15-05-2017

Regulation 561/2006 lays down rules applicable to driving times, breaks and rest periods for drivers engaged in the carriage of goods and passengers by road. Various resources show that presently there are several challenges linked with the implementation of the regulation. These include diverging enforcement practice applied across the different EU Member States, clarity of the text of the regulation, broad discretion of the Member States and various exemptions allowed by the regulation. These challenges ...

Regulation 561/2006 lays down rules applicable to driving times, breaks and rest periods for drivers engaged in the carriage of goods and passengers by road. Various resources show that presently there are several challenges linked with the implementation of the regulation. These include diverging enforcement practice applied across the different EU Member States, clarity of the text of the regulation, broad discretion of the Member States and various exemptions allowed by the regulation. These challenges influence harmonisation of road transport, as well as legal certainty, and they limit the fulfilment of the regulation's goal. The European Parliament has called on the European Commission to update Regulation 561/2006 to respond to these challenges. Similarly, the European Economic and Social Committee has recommended that the existing legislation is updated. Furthermore, representatives of various stakeholder groups have voiced requests to update this piece of EU legislation. Finally, the European Commission itself has expressed willingness to revise the regulation as part of the enhancement of the social legislation in road transport. It is expected that the European Commission will submit this proposal in the second quarter of 2017.

Parental Leave Directive

12-05-2017

For several years, EU policies have been aimed at improving the working and living conditions of working parents and ensuring better reconciliation of their professional and private life. Different pieces of legislation promote the rights of working parents, such as Council Directive 92/85/EEC (Maternity Leave Directive), protecting pregnant workers and workers who have recently given birth or are breastfeeding, and Council Directive 2010/18/EU (Parental Leave Directive), establishing the leave conditions ...

For several years, EU policies have been aimed at improving the working and living conditions of working parents and ensuring better reconciliation of their professional and private life. Different pieces of legislation promote the rights of working parents, such as Council Directive 92/85/EEC (Maternity Leave Directive), protecting pregnant workers and workers who have recently given birth or are breastfeeding, and Council Directive 2010/18/EU (Parental Leave Directive), establishing the leave conditions for male and female workers. In 2008, the European Commission submitted a new legislative proposal, seeking to modify the provisions of the Maternity Leave Directive. Given that after more than four years the co-legislators had still not been able to reach an agreement, the European Commission decided to withdraw the proposal in 2015. A further initiative was submitted in early 2017 within the European Pillar of Social Rights, this time seeking to repeal the Parental Leave Directive and to encourage a better work-life balance. It is the Parental Leave Directive that is the subject of this appraisal.

Level-2 measures and reports under the Credit Rating Agencies Regulation

28-04-2017

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion of 3 May 2017 on the implementing measures under Regulation (EC) No 1060/2009 on Credit Rating Agencies (CRAs).

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion of 3 May 2017 on the implementing measures under Regulation (EC) No 1060/2009 on Credit Rating Agencies (CRAs).

Tax evasion, money laundering and tax transparency in the EU Overseas Countries and Territories: Ex-Post Impact Assessment

20-04-2017

This study aims to present the legal, political and institutional framework governing offshore practices in the Overseas Countries and Territories (OCTs) of the European Union, which are under the sovereignty of four Member States: Denmark, France, the Netherlands and the United Kingdom. The institutional arrangements of the OCTs with the relevant EU Member States directly affect the possibility to establish policies and adopt regulations, including on taxation and money laundering. Regardless of ...

This study aims to present the legal, political and institutional framework governing offshore practices in the Overseas Countries and Territories (OCTs) of the European Union, which are under the sovereignty of four Member States: Denmark, France, the Netherlands and the United Kingdom. The institutional arrangements of the OCTs with the relevant EU Member States directly affect the possibility to establish policies and adopt regulations, including on taxation and money laundering. Regardless of the level of control of the EU Member States over their OCTs, implementation of the law by the local authorities is of concern in a number of the UK and Dutch OCTs, both in terms of structural weaknesses, but also because of limited financial and human resources. In the case of the French OCTs, suboptimal oversight controls and lack of information make it difficult to supervise financial activities. The opening analysis compares the French, Dutch and British cases in terms of combating tax evasion, money laundering and enhancing tax transparency; explores the case of Greenland; and draws conclusions on how the EU could better use its leverage in these overseas territories. The analysis is based on the detailed annexed contributions, written by external experts, which cover in detail the OCTs under French, Dutch, and British rule. This ex-post impact assessment has been produced by the European Parliamentary Research Service at the request of the European Parliament's Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA) to assist it in the context of its ongoing work.

External author

Prof. Alexandre Maitrot de la Motte of the University of Paris-Est Creteil, Prof. Dr H.E. Bröring, Prof. Dr O.O. Cherednychenko, Prof. Dr H.G. Hoogers and G. Karapetian LL.M. (Department of Constitutional Law, Administrative Law and Public Administration/Groningen Centre for European Financial Services Law (GCEFSL), University of Groningen), Dr Peter Clegg of the University of the West of England

Emission performance standards for new passenger cars and light commercial vehicles

12-04-2017

According to the various reports and assessments presented in this briefing, the existing cars and vans regulations appear to be well implemented, with the majority of car and van manufacturers meeting their CO2 specific emission targets in 2015, and some well on their way to reaching the 2020/2021 targets. However, the ultimate aim of the regulations is to deliver a significant reduction in real-world CO2 emissions. While CO2 emissions as measured on the test cycle is one element of this, there ...

According to the various reports and assessments presented in this briefing, the existing cars and vans regulations appear to be well implemented, with the majority of car and van manufacturers meeting their CO2 specific emission targets in 2015, and some well on their way to reaching the 2020/2021 targets. However, the ultimate aim of the regulations is to deliver a significant reduction in real-world CO2 emissions. While CO2 emissions as measured on the test cycle is one element of this, there are other external trends that influence CO2 emissions from cars and vans, including the total number of cars and vans and the distance covered, and the level and composition of fuels. The effectiveness of the legislation should be considered in conjunction with other policy instruments, including laboratory test cycles, embedded emissions or the use of CO2-linked vehicle taxation. In addition, any future evaluation of the regulations and the setting of new effective emission limits should take into account the introduction of the new worldwide harmonised light vehicles test procedure (WLTP) in September 2017, and the entry into force of the new type approval regulation. To significantly reduce transport emissions, the setting out of new CO2 emission targets could include the adoption of a number of measures that would allow for better monitoring of real driving emissions. In order to achieve lasting and sustainable emission reductions in the transport sector, and rebuild the trust of consumers in the regulatory system and the car industry, a much broader and holistic approach appears necessary. This could consist of a systemic and integrated approach combining various policy instruments, accommodating the use of alternative energies in transport, increased vehicle energy efficiency and intelligent management of transport demand and infrastructure.

Upcoming events

26-06-2017
Gender equality in the media sector in the EU
Hearing -
FEMM
26-06-2017
Antimicrobial Resistance - WORKSHOP POSTPONED, NEW DATE WILL BE ANNOUNCED.
Workshop -
ENVI
26-06-2017
Twelfth meeting of the IMCO Working Group on the Digital Single Market
Other event -
IMCO

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