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Today's massive increase in trade volumes, combined with the need to do border checks for compliance with the growing number of EU standards and to stay abreast of the continuously evolving trade strategies, has put EU customs authorities under a lot of pressure. Concerns have been raised that the EU's customs union is burdened by an uneven level of digitalisation across Member States, suboptimal coordination between the national authorities and overall complexity. This situation creates high administrative ...

In the absence of specific rules on claims regarding the 'green' nature of products, how can consumers be sure that such claims are reliable, comparable and verifiable throughout the EU? On 22 March 2023, the European Commission put forward a proposal for a directive on green claims. The proposed directive would require companies to substantiate the voluntary green claims they make in business-to-consumer commercial practices, by complying with a number of requirements regarding their assessment ...

In 2023, the EU celebrated the 30th anniversary of the single market. Recent shocks have shown not only how vulnerable to crises the single market is, but also the extent to which the EU economy relies on a well-functioning single market. It is now considered to be a key driver of EU resilience. In September 2022, the Commission put forward a single market emergency instrument (SMEI) package. It includes one main proposal for a regulation establishing a SMEI, and two accompanying proposals amending ...

On 7 November 2022, the European Commission published a proposal for a regulation on data collection and sharing relating to short-term accommodation rental services. The proposal contributes to the Commission's priority of making the EU fit for the digital age. To build a future-ready economy that works for people and builds on the recent Digital Services Act, the proposal regulates online platforms that connect hosts and guests for short-term accommodation rentals. The regulation should facilitate ...

On 27 February 2023, the European Commission published a proposal for a regulation to allow voluntary digital labelling of EU fertilising products. This initiative follows similar EU legislative initiatives establishing the digital labelling of goods in other economic sectors, such as batteries. The rationale for digital labelling is provided by the deployment of digital solutions, such as QR codes, that can lower the cost of labelling while facilitating the updating of content, and also by the increasing ...

On 14 March 2023, the European Commission proposed a reform of the EU electricity market, with the aim of reducing price volatility for consumers and creating favourable conditions for investors in low-carbon energy. The reform includes two legislative proposals – one on electricity market design (EMD) and the other on protection against wholesale energy market manipulation (REMIT). The reform would improve consumer protection by offering more fixed-price contracts and enhancing supplier obligations ...

Consumer Credit Directive

Briefing 12-12-2023

Consumer credit is a type of loan allowing consumers to purchase consumer goods and services for which they do not have the funds. It is regulated at national and EU level. The Consumer Credit Directive (CCD), in force since 2008, is the relevant EU-level legislation. While the CCD has undergone several revisions over the past decade, growing digitalisation, insufficient harmonisation and issues affecting consumer protection, among other things, prompted the Commission to propose a new directive. ...

Retail investor package

Briefing 16-10-2023

On 24 May 2023, the European Commission put forward a package of two proposals to amend existing directives and a regulation with a view to fostering retail investor information transparency and ensuring that investment decisions are best for investors. The objective is to enhance trust and confidence, thereby increasing retail investor participation in financing the economy. The package is mostly concerned with clarity in communication and the prevention of misleading marketing. It also seeks to ...

This At A Glance - Study In Focus provides information on the implementation and enforcement of the Package Travel Directive (PTD) in the EU with a focus on ten EU Member States. It summarises areas for improvement, such as adapting the definition of package travel to accommodate evolving industry trends, addressing pre-contractual information gaps, improving payment practices, tackling challenges in the digital environment, enhancing enforcement mechanisms, promoting alternative dispute resolution ...

The European Union has taken a distinctive stance in facilitating the unrestricted movement of non-personal data, all the while upholding data privacy and security standards. However, there is still a requirement to ensure equitable conditions for data sharing. This research scrutinises the current legal framework within the EU, highlighting persistent obstacles and proposing potential strategies for implementation. This document was provided by the Policy Department for Economic, Scientific and ...