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In December 2022, the European Commission presented two proposals to revise the rules on the collection and transfer of advance passenger information (API) data – data collected by air carriers at check-in and sent to competent authorities in the country of destination prior to take-off. One of the proposals is for a new regulation on the collection and transfer of API data for the prevention, detection, investigation and prosecution of terrorist offences and serious crime. The proposal seeks to ...

The Markets in Financial Instruments Directive (MiFID) and the Markets in Financial Instruments Regulation (MiFIR) are the principal texts regulating investment services and financial markets activities in the EU. Following a European Commission proposal to amend the MiFID and the MiFIR. a provisional trilogue agreement was reached on 29 June 2023, and the final act was published in March 2024. The new rules establish an EU-wide consolidated tape for EU financial markets, as well as making changes ...

Artificial intelligence act

Briefing 11-03-2024

European Union lawmakers reached a political agreement on the draft artificial intelligence (AI) act in December 2023. Proposed by the European Commission in April 2021, the draft AI act, the first binding worldwide horizontal regulation on AI, sets a common framework for the use and supply of AI systems in the EU. It offers a classification for AI systems with different requirements and obligations tailored on a 'risk-based approach'. Some AI systems presenting 'unacceptable' risks are prohibited ...

The European Green Deal envisages a review of measures addressing pollution from large industrial installations, with a view to aligning existing legislation with the EU's zero pollution ambition, and energy, climate and circular economy policy goals. On 5 April 2022, the European Commission tabled a proposal to revise the Industrial Emissions Directive, the main European Union instrument regulating pollutant emissions from industry, together with a proposal to revise the Regulation establishing ...

Cyber solidarity act

Briefing 13-02-2024

Russia's war against Ukraine has revealed the extent of our dependency on digital technology and the fragility of the digital space. It has triggered a surge in cyberattacks that have been particularly disruptive when targeting critical infrastructure – such as energy, health or finance – because of the increasing reliance on information technology, rendering this infrastructure all the more vulnerable. Against this backdrop, the Commission has proposed a regulation on a cyber solidarity act that ...

The European Commission proposed changes to the existing EU rules on the deployment of intelligent transport systems (ITS) in road transport. The objective of the proposal was to expand the scope of the existing EU rules to cover new and emerging challenges and to make essential ITS services mandatory across the EU. The proposal sought to resolve problems stemming from the lack of interoperability and continuity of the existing applications and services, but also from the low level of availability ...

Interoperable Europe act

Briefing 01-02-2024

In November 2022, the European Commission published a proposal for a regulation laying down measures for a high level of public sector interoperability across the Union (the interoperable Europe act). The initiative seeks to ensure a consistent, human-centric EU approach to interoperability, create an interoperability governance structure that helps public administrations and the private sector to work together, and establish an ecosystem of interoperability solutions for the EU's public sector. ...

The EU's approach to digital transformation is rooted in protecting fundamental rights, sustainability, ethics and fairness. With this human-centric vision of the digital economy and society, the EU seeks to empower citizens and businesses, regardless of their size. In the EU's view, the internet should remain open, fair, inclusive and focused on people. Digital technologies should work for citizens and help them to engage in society. Companies should be able to compete on equal terms, and consumers ...

The EU's digital trade policy

Briefing 25-01-2024

Digital trade has become a key element in the EU's trade policy. Every modern trade agreement that the EU has concluded contains a dedicated digital trade chapter. The digital trade provisions in EU trade agreements have evolved over time, which reflects the increasing role digital trade plays today in the world economy. While there is no clear measurement of digital trade yet, the OECD estimates nevertheless that digital trade represents around 25 % (in 2020) of total trade. The EU, as the world's ...

The 2014 Regulation on electronic identification and trust services for electronic transactions in the internal market (eIDAS Regulation or eIDAS) was the first digital identity legislation to pave the way for cross-border electronic identification, authentication and website certification across the EU. While the application of eIDAS has had a mixed record, the pandemic has fuelled demand for eIDAS solutions that are capable of ensuring broader access to public and private services. On 3 June 2021 ...