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The level playing-field (LPF) provisions of the Trade and Cooperation Agreement (TCA) between the European Union (EU) and the United Kingdom (UK) constitute a key part of the agreement, and are the product of some of the more challenging issues in the negotiations. The LPF provisions seek to safeguard fair competition between the parties. A notable component are the rules on social provisions, labour, environment and climate change, often referred to as the 'trade and sustainable development' (TSD ...

In most Member States, visitor’ groups are not sponsored to visit the national parliament. A visit to the national parliament is free of charge, and all the costs related to the visit, for example travel costs, accommodation and local minor expenses, need to be paid by the visitors themselves. Germany is the only country which has various kinds of programmes where visitors can be reimbursed. Members of Parliament can invite up to 200 people a year of which the travel costs are partially covered ...

This in-depth analysis provides evidence on differences in the practice of supervising large banks in the UK and in the euro area. It identifies the diverging institutional architecture (partially supranationalised vs. national oversight) as a pivotal determinant for a higher effectiveness of supervisory decision making in the UK. The ECB is likely to take a more stringent stance in prudential supervision than UK authorities. The setting of risk weights and the design of macroprudential stress test ...

This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 1 July 2021. The Chair will present the SRB’s annual report for 2020. This briefing addresses (i) the review of the crisis management framework, and in particular the SRB’s input to the Commission’s public consultation; (ii) MREL policy and statistics; (iii) liquidity in resolution; (iv) the relationship with the United Kingdom: contractual recognition ...

The UK enters the post-Brexit period with a regulatory framework that is closely aligned with that of the UK, and stronger in some areas. This paper highlights that the changes in regulatory strategy and the institutional framework that have been announced by the UK will make its bank regulation more responsive, and greater use of proportionality the sector will become more competitive. Competition for EU banks in international markets will intensify, though not due to an erosion of regulatory standards ...

Ahead of BUDG-ECON exchange of views with Commissioner Ferreira, on 14 June, this note provides a brief overview on the 2021 annual workplan, ongoing and finalised projects and some other elements of the Technical Support Instrument.

On 1 May 2021, the Trade and Cooperation Agreement (TCA) between the European Union (EU) and the United Kingdom (UK) entered into force, having been provisionally applied since 1 January 2021. One of the areas covered by the TCA, in its Part Three, is security cooperation between EU and UK law enforcement and judicial authorities in criminal matters. The 13 titles under Part Three contain extensive provisions aimed at enabling the continuation of information exchange, including personal data, between ...

Access to medicinal products

Estudo 01-05-2021

There are many factors that can prevent a patient from being able to obtain the medicine they need, ranging from selective marketing decisions by companies to products being too expensive or pharmacy stock-outs. Because of national differences in health systems and market characteristics, access to medicine is not evenly distributed across the European Union. In response to observed problems with access to medicine, in 2017 the European Parliament adopted a resolution containing 58 recommendations ...

EU-UK Trade and Cooperation Agreement

Em síntese 22-04-2021

During the April plenary session, the European Parliament is due to vote on giving its consent to the Council decision concluding the Trade and Cooperation Agreement between the European Union and the United Kingdom. This Agreement, which has been provisionally applied since 1 January 2021, is the institutional framework, which, conditional on Parliament's consent, will govern the new EU-UK relationship. It establishes trade on zero-tariff/quota terms and covers a wide range of areas, including energy ...

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.