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Directive 2009/138/EC – also known as Solvency II – sets out the prudential regulatory framework for the insurance sector in the EU. The framework aims to establish the single market for insurance services further, while strengthening policyholders' protection. On 22 September 2021, the European Commission tabled a proposal for a directive that would amend Solvency II in essentially three ways: i) lowering regulatory obligations on small and low-risk profile insurance companies, ii) taking into account ...

The implementation timetable for cohesion policy is defined largely by its legislative framework. In order to be able to plan parliamentary work and exercise systematic scrutiny of policy implementation and of the Commission’s work, it is essential to have an overview of the timing of different steps in policy implementation in the coming years. This type of briefing was first published (and subsequently updated) in 2014 covering the 2014-2020 programming period. This version includes the policy ...

In 2020, the Commission launched a review of the Solvency II Directive, the EU's legal prudential regulatory framework for (re-)insurance companies, which entered into force in 2016. As one output of the review, the Commission made a proposal in September 2021 for a new directive establishing a framework for recovery and resolution of insurance companies – the 'IRRD proposal'. The IRRD proposal would establish harmonised recovery and resolution tools and procedures, with enhanced cross-border cooperation ...

In June 2021, the European Commission unveiled its vision on how to boost the development of the EU's rural areas by 2040. The European Parliament decided to draw up an own-initiative report on the issue. The report by Parliament's Committee on Agriculture and Rural Development (AGRI) is due for a plenary vote in December.

This briefing provides a pre-legislative synthesis of the positions of national, regional and local governmental organisations on the European Commission's initiative on equality bodies, which have been established in every EU Member State to tackle discrimination. It forms part of an EPRS series offering a summary of the pre-legislative state of play and advance consultation on a range of key European Commission priorities during its 5-year term. It seeks to present the state of affairs, to examine ...

The pandemic led to unprecedented circumstances in the workplace, with millions of people having to work from their homes. With teleworking gradually becoming the new normal, the question is whether employees and employers are aware of and able to deal with potential tax consequences that can arise when employees occasionally work remotely from a country other than that in which their employer is based.

Africa-EU trade relations have a longstanding tradition. The EU remains the biggest trading and investment partner for most African countries, especially for those implementing Economic Partnership Agreement (EPAs) with the EU. The workshop shall provide a data-based discussion of the impact of current EPAs on economic regional development (and recent trends on intraregional economic integration in Africa) as well as an overview of EU's sustainable investment facilitation agreements negotiated with ...

The 8th Cohesion Report, published by the European Commission in February 2022, paints a mixed picture of cohesion policy. On the one hand, since the 2008 financial crisis and the contraction of public spending, cohesion policy has played an increasing role in maintaining territorial integrity and public services. On the other hand, many less developed and middle-income regions, especially in the southern and south-western parts of Europe, are stagnating or falling behind. The report highlights that ...

Τhis At a glance note summarises the study on Governance: the reform process of the CAP post-2020 seen from an inter-institutional angle that examines the inter-institutional dynamics of the post-2020 CAP reform (Council - European Parliament - Commission), provides an analysis of the dynamics and the outcome of the reform process seen from a governance angle and makes recommendations on the role of Parliament in future CAP reforms and mid-term reviews.

The present impact assessment (IA) accompanies the proposal amending the 2011 Consumer Rights Directive and repealing the 2002 Distance Marketing of Consumer Financial Services Directive. It is informed by the findings of the Commission's ex-post evaluation of the directive and the evaluation support study, which preceded the IA, in line with the Better Regulation Guidelines' 'evaluate first' principle. The IA's strong points include a well-substantiated problem definition and an evidence base that ...