Ieškoti
The proposed reform of the electricity market design maintains crucial elements of the existing system to ensure continued efficient operation. The impact that changing the rules on longer-term contracts will have on consumer prices and investment will depend on the concrete language of proposed legislation as well as its ultimate implementation. Overall, neither the expected mode of impact of individual reform elements, let alone their interaction, is clearly spelled out by the legislators. This ...
This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, examines the fiscal responses of the EU to the Covid-19 pandemic and the war in Ukraine. It claims that the law & policy tools developed to address these crises have led to the establishment, and consolidation, of an EU fiscal capacity – contributing to overcoming the original imbalance of the EU’s Economic & Monetary Union. Nevertheless, the ...
European media freedom act
An independent media is a pillar of democracy and an important part of the economy, helping to shape public opinion and hold those in power to account. In recent years, however, there have been increasingly worrying trends across the European Union (EU), as documented in the annual rule of law reports by the European Commission and other tools such as the Media Pluralism Monitor. Tabled on 16 September 2022, the proposed European media freedom act (EMFA) would introduce a new set of rules to promote ...
The EU blacklist of high-risk jurisdictions for money laundering is being criticised for a lack of autonomy from the FATF lists, politicisation and lobbying, and lack of transparency. The paper shows four ways to change this. More autonomy from the FATF can be reached through grey listing or merging the EU money laundering list with the EU tax list. More transparency can be reached by involving NGOs or academics to do the listing. But all these lists only look at the framework of anti-money laundering ...
Retail Investment Strategy - How to boost retail investors’ participation in financial markets
The study developed herein aims to address the concerns raised as to the field of retail investments. It aims at analysing market practices and the applicable legislative landscape in order to identify room for improvement and, ultimately, propose potential solutions to foster retail investor protection and participation in financial markets. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and ...
Post-Brexit EU-UK relations on energy and climate
The United Kingdom left the European Union on 31 January 2020. Much of the relationship following the withdrawal is set out in the Trade and Cooperation Agreement (TCA), which came fully into force in May 2021. The depth and complexity of relations between the EU and the UK following the withdrawal vary depending on the policy area concerned. For example, the TCA devotes many more articles to energy relations than to climate relations. There are a variety of reasons for this, but it can often be ...
New EU regulatory framework for batteries: Setting sustainability requirements
Given the important role they play in the roll-out of zero-emission mobility and the storage of intermittent renewable energy, batteries are a crucial element in the EU's transition to a climate neutral economy. On 10 December 2020, the European Commission presented a proposal designed to modernise the EU's regulatory framework for batteries in order to secure the sustainability and competitiveness of battery value chains. The proposal seeks to introduce mandatory requirements on sustainability ( ...
Advance Passenger Information (API) - An analysis of the European Commission’s proposals to reform the API legal framework
This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the LIBE Committee, aims to analyse the European Commission’s proposals to reform the legal framework on the processing of Advance Passenger Information (API) data. The analysis takes stock of the current legal framework regarding the processing of travellers’ data. Then, it provides an outline of the Commission’s proposals, followed by an assessment of the fundamental ...
Cross-border exchange of information on road safety-related traffic offences
Road safety has improved significantly in the EU, with the number of road fatalities falling by more than 60 % in the last 20 years. However, improvements in road safety have fallen short of the EU goals of decreasing the number of road deaths by 50 % between 2001 and 2010, and by an additional 50 % between 2011 and 2020. Directive (EU) 2015/413 facilitating cross-border exchange of information on road safety-related traffic offences – the Cross-border Enforcement (CBE) Directive – is one of the ...
This study analyses the need to adopt further EU financial regulation on decentralized finance after the implementation of the Markets in Crypto Asset Regulation and the revision of the Transfer of Funds Regulation, with a special view on crypto lending, crypto staking, crypto custody, the use of non-formal information, NFTs and sustainability. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and ...