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The Banking Union and the decisions of the CJEU
Since the inception of the Banking Union numerous decisions of the CJEU have been issued. The purpose of this paper is to assess the impact of some of the key decisions on the legal framework established 10 years ago, showing how they have been instrumental in supporting a centralised and integrated model of banking supervision at the EU level. In that context, the SSM could represent an example of a truly integrated EU legislative system, with a proper institutional balance.
Confirmation hearings of the Commissioners-designate: A decisive step in the investiture process
The confirmation hearings of the Commissioners-designate before the European Parliament's committees play a vital role in informing Parliament before it decides on the proposed composition of the College of Commissioners. Ahead of the autumn 2024 hearings, Parliament has adapted the rules for the process, which will apply for the members of the second von der Leyen College. First, the Legal Affairs Committee scrutinises the declaration of interests of each Commissioner-designate. Second, each Commissioner-designate ...
The evolving powers of the European Parliament
The European Parliament has come a long way since its inception in 1951. Initially a consultative body composed of delegations of national parliaments, it has become a directly elected institution, has obtained budgetary and legislative powers, and now exercises influence over most aspects of EU affairs. Together with representatives of national governments, who sit in the Council, Parliament co-decides on European legislation, in what could be seen as a bicameral legislature at EU level. This publication ...
Research for PECH Committee - The EU oceans and fisheries policy - Latest developments and future challenges
This study provides an overview of the Common Fisheries Policy and other EU policies in relation to Fisheries, Aquaculture, the Blue Economy and International Ocean Governance. The current and future challenges facing these are described. Strengths and weaknesses of EU policy in addressing these challenges are assessed, leading to the authors making a range of specific policy recommendations.
Recovery and Resilience Dialogue with the European Commission 16 September 2024
Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the 16th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation, scheduled for 16 September 2024. The previous RRD took place on 22 April 2024.
Europe's 2040 climate target and path to climate neutrality by 2050
The IA offers a convincing explanation of the need to set a 2040 climate target. It is crucial, for instance, to provide predictability for the Member States, stakeholders, investors and decision makers, and to step up the current pace of emissions reductions across all sectors in order to meet the 2030 target. The assessment includes three policy options for analysis. The theoretical option 1 (O1) corresponds to the linear trajectory under the ECL and is assessed as being below the baseline. Option ...
The European Parliament's powers: Motion of censure
The European Parliament's powers and influence have evolved significantly since its establishment. Starting out as a Common Assembly – a consultative body made up of delegations from the national parliaments of the EU Member States – in 1979 the European Parliament became a directly elected institution with both budgetary and legislative powers. Today, it is a fully fledged legislative body with competences in a broad range of EU policy areas, and considerable influence over the majority of EU affairs ...
Recovery and Resilience Plans and the involvement of stakeholders
This paper presents the latest findings and developments related to the Recovery and Resilience Facility (RRF), with a particular focus on stakeholder assessments of its structure and initial implementation. It summarises the perspectives of stakeholders at the EU, national, regional, and local levels concerning the National Recovery and Resilience Plans (NRRPs). Notably, the paper compiles recent opinions and evaluations from EU stakeholders, as well as relevant institutions and bodies, regarding ...
10 years of Banking Union case law
Banking Union is crucial for European integration, ensuring financial stability in the single market for financial services. The Court of Justice of the European Union (CJEU) plays an essential role in interpreting and enforcing the legal framework of the Banking Union, especially regarding the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM). This in-depth analysis scrutinises the pertinent CJEU case law and highlights its implications for the Banking Union and the EU ...
Aspects of golden passport and visa schemes in the EU
Citizenship by investment (CBI) and residence by investment (RBI) schemes allow third-country nationals to obtain residence or citizenship in a host country in exchange for a financial contribution. In the European Union (EU), these schemes erode the principles of sincere cooperation, fairness and non-discrimination. They commodify EU citizenship and residence rights and weaken vetting and due diligence systems, thereby posing risks of corruption, money laundering, security threats and tax avoidance ...