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Publicerat 30-11-2020

Replacement benchmarks for financial benchmarks in cessation

30-11-2020

The pricing of many financial instruments and contracts depends on the accuracy and integrity of (financial) benchmarks, i.e. indices, by reference to which the amounts payable under such financial instruments or contracts, or the value of certain financial instruments, are determined. The anticipated discontinuation of such a benchmark (LIBOR) after the end of 2021 has created fears that it could lead to disruption in the internal market, given that the Benchmarks Regulation ((EU) 2016/1011) does ...

The pricing of many financial instruments and contracts depends on the accuracy and integrity of (financial) benchmarks, i.e. indices, by reference to which the amounts payable under such financial instruments or contracts, or the value of certain financial instruments, are determined. The anticipated discontinuation of such a benchmark (LIBOR) after the end of 2021 has created fears that it could lead to disruption in the internal market, given that the Benchmarks Regulation ((EU) 2016/1011) does not provide for mechanisms to organise the orderly discontinuation of systemically important benchmarks in the EU. That is why the Commission has proposed to amend the said regulation. The Council adopted its negotiating mandate on 6 October, while the European Parliament's Economic and Monetary Affairs Committee (ECON) adopted its report on 19 November 2020, and also voted to open trilogue negotiations with the Council.

Publicerat 27-11-2020

Webinar proceedings: An EU legal framework to halt and reverse deforestation

27-11-2020

On Thursday, 10 September 2020, the Policy Department for Economic, Scientific and Quality of Life Policies organised at the request of the ENVI committee a remote webinar on "An EU legal framework to halt and reverse deforestation". This briefing summarises the presentations delivered by the invited experts.

On Thursday, 10 September 2020, the Policy Department for Economic, Scientific and Quality of Life Policies organised at the request of the ENVI committee a remote webinar on "An EU legal framework to halt and reverse deforestation". This briefing summarises the presentations delivered by the invited experts.

Implementation of the Stability and Growth Pact under pandemic times

25-11-2020

This document provides an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact on the basis of the latest Council decisions and recommendations in the framework of the Stability and Growth Pact and the latest European Commission economic forecast. This document is regularly updated.

This document provides an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact on the basis of the latest Council decisions and recommendations in the framework of the Stability and Growth Pact and the latest European Commission economic forecast. This document is regularly updated.

Publicerat 26-11-2020

Europe's Beating Cancer plan - Pre-legislative synthesis of national, regional and local positions on the European Commission proposal

26-11-2020

This briefing forms part of an EPRS series offering syntheses of the pre-legislative state of play and consultation on key European Commission priorities during the current five-year term. It summarises the state of affairs in the relevant policy field, examines how the existing policy is working on the ground, and, where possible, identifies best practice and ideas for the future on the part of governmental organisations at all levels of European system of multilevel governance. EPRS analysis of ...

This briefing forms part of an EPRS series offering syntheses of the pre-legislative state of play and consultation on key European Commission priorities during the current five-year term. It summarises the state of affairs in the relevant policy field, examines how the existing policy is working on the ground, and, where possible, identifies best practice and ideas for the future on the part of governmental organisations at all levels of European system of multilevel governance. EPRS analysis of the positions of partner organisations at European, national, regional and local levels suggests that they would like the following main considerations to be reflected in discussion of the forthcoming Europe's Beating Cancer plan: * Submissions from all four levels of governance highlight the EU's key role in prevention, including as regards cancer-causing environmental factors and tobacco consumption. Input obtained refers to the active role Europe's local and regional actors can play in putting prevention into practice. * European and national levels point to predictive diagnostic tools and novel approaches in cancer medicine. Regional actors advocate for closer cooperation between primary care and hospital care in early diagnosis. Both the regional and local levels would like the EU to help improve screening. * Equitable access to cancer care is featured across all levels. National input raises the issue of availability and affordability of medicines. The local level underscores the merits of ambulatory care, and sees a role for the EU in the creation of local coordination platforms for doctors and patients. * The European level addresses cancer after-care in the local community and cancer survivorship and rehabilitation. Both the regional and local levels recommend fostering personalised care and follow-up for cancer patients. * European and national input stresses the importance of EU-wide cancer research cooperation, information sharing and better deployment of (big) data. Attention is drawn to improving information, communication, education and awareness-raising for both the wider public and healthcare professionals, with regional input encouraging the development of new technologies to ease doctor-patient communication. * All levels would like Europe's Beating Cancer plan to address health inequalities in cancer. EU-level action is considered key to help reduce socioeconomic and geographical disparities, and tackle differences in cancer prevalence and survival rates. A 'health in all policies' approach is supported.

Towards a common EU approach to lifting coronavirus-related restrictions on freedom of movement

26-11-2020

In an effort to tackle the second wave of the coronavirus outbreak, EU Member States started reinstating restrictions on the freedom of movement in October 2020. To prevent a new series of severe and uncoordinated restrictions at countries' internal borders similar to those of March this year, there have been renewed efforts at the EU level to establish a coordinated approach towards coronavirus-related restrictions on movement. While the focus is now on the ongoing health crisis, concerns about ...

In an effort to tackle the second wave of the coronavirus outbreak, EU Member States started reinstating restrictions on the freedom of movement in October 2020. To prevent a new series of severe and uncoordinated restrictions at countries' internal borders similar to those of March this year, there have been renewed efforts at the EU level to establish a coordinated approach towards coronavirus-related restrictions on movement. While the focus is now on the ongoing health crisis, concerns about the functioning of the Schengen area of free movement predate the pandemic. As recent terrorist attacks in Europe remind us, scant progress and unfinished reforms in the area of migration, external borders and security both weaken and threaten to undo the important achievements of Schengen cooperation. This briefing discusses the key steps taken by the EU to develop a common response to the above challenges and thus to safeguard the Schengen area. It provides an overview of the main restrictions on movement imposed by EU and Schengen countries as of 25 November 2020. Since contact-tracing apps have been promoted as a key tool in combating the pandemic and restoring freedom of movement, this briefing also provides an overview of the existing coronavirus applications in the EU Member States and their interoperability across borders.

European gender equality strategy and binding pay transparency measures - Pre-legislative synthesis of national, regional and local positions on the European Commission's initiatives

26-11-2020

This briefing forms part of an EPRS series offering syntheses of the pre-legislative state of play and consultation on key European Commission priorities during the current five-year term. It summarises the state of affairs in the relevant policy field, examines how existing policy is working on the ground, and, where possible, identifies best practice and ideas for the future on the part of governmental organisations at all levels of European system of multi-level governance. EPRS analysis of the ...

This briefing forms part of an EPRS series offering syntheses of the pre-legislative state of play and consultation on key European Commission priorities during the current five-year term. It summarises the state of affairs in the relevant policy field, examines how existing policy is working on the ground, and, where possible, identifies best practice and ideas for the future on the part of governmental organisations at all levels of European system of multi-level governance. EPRS analysis of the positions of partner organisations at European, national, regional and local levels suggests that they would like the following main considerations to be reflected in discussion of gender equality and the forthcoming Commission proposal on binding pay transparency measures: * Input obtained from all levels of governance indicates that both gender equality and pay transparency measures require an effective combination of long- and short-term measures and legislative and non-legislative initiatives. There is a need expressed by the EU level for EU legislation covering certain aspects of violence against women. If the EU's accession to the Istanbul Convention remains blocked, an EU initiative could aim to achieve convention's main objectives. According to the European Parliament, an EU legislative initiative should also address cross-border aspects, including human trafficking and cyber-violence. Local, regional and national governmental organisations show good practice in non-legislative measures, such as helplines, counselling services and shelters for women. * When it comes to gender equality at work, a long-term perspective focused on changing harmful gender stereotypes could usefully be combined with short-term measures to ensure a good work-life balance, according to obtained input. Governmental organisations at local and regional levels show good practice in both of these areas. When it comes to binding pay transparency measures, there is broad support for an EU initiative from national governmental organisations. * All levels of government are in agreement on the importance of gender mainstreaming, for example in the budgetary processes, in order to take account of the different needs of men and women. The European Institute for Gender Equality (EIGE) has produced a useful toolkit for applying gender perspective to EU funds. * There are also calls from various parts of the EU system of multi-level governance to improve the availability of gender-disaggregated data in the EU.

Digital Services Act - Pre-legislative synthesis of national, regional and local positions on the European Commission's initiative

26-11-2020

This briefing forms part of an EPRS series offering syntheses of the pre-legislative state of play and consultation on key European Commission priorities during the current five-year term. It summarises the state of affairs in the relevant policy field, examines how existing policy is working on the ground, and, where possible, identifies best practice and ideas for the future on the part of governmental organisations at all levels of European system of multilevel governance. EPRS analysis of the ...

This briefing forms part of an EPRS series offering syntheses of the pre-legislative state of play and consultation on key European Commission priorities during the current five-year term. It summarises the state of affairs in the relevant policy field, examines how existing policy is working on the ground, and, where possible, identifies best practice and ideas for the future on the part of governmental organisations at all levels of European system of multilevel governance. EPRS analysis of the positions of partner organisations at European, national, regional and local levels suggests that they would like the following main considerations to be reflected in discussion of the forthcoming Digital Services Act (DSA): Modernisation of EU legislation on platforms Regional and national stakeholders stress that it is high time to update and harmonise EU rules on online platforms, pointing out that the DSA should address the legal uncertainty and administrative burden stemming from the fragmentation of Union legislation. Broader scope for the DSA Local actors, especially cities, stress that the legislative proposal should tackle issues arising from the offering of online services that do not comply with local regulations, for instance on health, safety, housing taxation (e.g. short-term holiday rental) and urban mobility. Stronger enforcement and cooperation Several cities call on the Commission to clarify exemptions to the principle of origin and to include under EU law explicit provisions to supply the country of destination's competent authorities with all relevant information and data necessary to enforce applicable regulations. Regulation of gatekeepers Governmental organisations at regional and national levels share the view that there is a need to impose special rules on online gatekeepers. They therefore strongly support the introduction of ex-ante obligations on platforms in a gatekeeper position.

Socio-economic effects of digital trade and artificial intelligence on EU industries including their value chains and EU imports and exports with major trade partners

11-11-2020

Artificial intelligence and new digital technologies are transforming digital trade. They facilitate the development of new business models of trade and reduce the geographical barriers of economic transactions. Such transformations are quite useful for the small and medium enterprises. Artificial intelligence is being adopted by both digital and non-digital sectors, but its adoption varies a great deal across countries, including within the EU. Data and information flow play a crucial role in digital ...

Artificial intelligence and new digital technologies are transforming digital trade. They facilitate the development of new business models of trade and reduce the geographical barriers of economic transactions. Such transformations are quite useful for the small and medium enterprises. Artificial intelligence is being adopted by both digital and non-digital sectors, but its adoption varies a great deal across countries, including within the EU. Data and information flow play a crucial role in digital trade by allowing personalization. Digital trade is not new, but it is taking new forms that are ushering a new phase of globalisation. So far digital trade mainly affected trade in goods, including through global value chains, though some service activities have already become more tradeable thanks to digital technologies. The new phase of globalisation driven by artificial intelligence and new digital technologies is likely to do for services what the previous phase did for manufacturing: to vastly increase trade between advanced and emerging economies. This prospect raises important issues for domestic policies and trade policy.

Extern avdelning

Georgios PETROPOULOS, André SAPIR, Michele FINK, Niclas Frederic POITIERS, Dennis GÖRLICH.

Legal Analysis of International Trade Law and Digital Trade

11-11-2020

This brief provides a legal analysis of existing rules in digital trade regarding the various components of artificial intelligence (‘AI’), in particular (personal and nonpersonal) data, computer code in the form of algorithms, and computing power (including cloud computing). To do so, the first part of this analysis will map various international trade rules that affect cross-border flows of data, computer code and computing power to determine their respective advantages and disadvantages. This ...

This brief provides a legal analysis of existing rules in digital trade regarding the various components of artificial intelligence (‘AI’), in particular (personal and nonpersonal) data, computer code in the form of algorithms, and computing power (including cloud computing). To do so, the first part of this analysis will map various international trade rules that affect cross-border flows of data, computer code and computing power to determine their respective advantages and disadvantages. This will form the basis for the second part of the analysis, which will address the desirability and necessity of global rulemaking in this area.

Extern avdelning

Georgios PETROPOULOS, André SAPIR, Michele FINK, Niclas Frederic POITIERS, Dennis GÖRLICH

Publicerat 25-11-2020

Rail passengers' rights and obligations in the EU

25-11-2020

In 2007, the EU established a set of basic rights for rail passengers, which became applicable at the end of 2009. These rights provide for all passengers, including those with reduced mobility, a harmonised minimum level of protection, information and assistance. Recent reports have concluded that the implementation of these rights, although relatively smooth, is not done uniformly across the EU. Moreover, other shortcomings have prevented these rights from being used to their full potential. In ...

In 2007, the EU established a set of basic rights for rail passengers, which became applicable at the end of 2009. These rights provide for all passengers, including those with reduced mobility, a harmonised minimum level of protection, information and assistance. Recent reports have concluded that the implementation of these rights, although relatively smooth, is not done uniformly across the EU. Moreover, other shortcomings have prevented these rights from being used to their full potential. In September 2017, the European Commission presented a new proposal to address these shortcomings and to strike a new balance between keeping rail operators competitive and providing adequate passenger protection. The European Parliament’s Committee on Transport and Tourism adopted its report on the proposal on 9 October 2018 and, subsequently, the Parliament adopted its first-reading position on 15 November 2018. For its part, the Council adopted its general approach on 2 December 2019, under the Finnish Presidency. Interinstitutional negotiations began at the end of January 2020, and on 1 October 2020, under the Germany Presidency, Council and Parliament reached a provisional agreement. The agreed text must still be formally adopted by Council before it returns to Parliament for adoption at second reading. Fifth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Kommande evenemang

30-11-2020
EPRS online Book Talk | How to own the room (and the zoom) [...]
Övrigt -
EPRS
30-11-2020
Hearing on Future-proofing the Tourism Sector: Challenges and Opportunities Ahead
Utfrågning -
TRAN
30-11-2020
LIBE - FEMM Joint Hearing: Combating Gender based Violence: Cyber Violence
Utfrågning -
FEMM LIBE

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