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In the aftermath of the 2008 financial crisis, which showed the need for more sophisticated and demanding capital requirements for banks, new regulations were agreed at international level – known as the Basel III Agreements. In the EU, they were implemented essentially by amending the Capital Requirements Directive (CRD) and adopting the Capital Requirements Regulation (CRR). On 27 October 2021, the Commission tabled two interconnected proposals to amend the CRR and the CRD, respectively. The objective ...

The proposed revision of the EU's pharmaceutical framework covers the EU's general pharmaceutical legislation and the paediatric and orphan medicines regulations ('specific pharmaceutical legislation') in an integrated manner. The merger of the orphan and paediatric regulations with the legislation applicable to all medicinal products is explained with 'simplification and increased coherence' in the explanatory memorandum of the proposed directive. The proposed revision is supported by two impact ...

On 30 March 2023, the European Commission presented a proposal for a directive on common rules promoting the repair of goods. The proposed directive aims to mitigate the current business and consumption pattern, marked by frequent and premature replacement and discarding of goods. According to the Commission, this model generates additional costs for consumers, is a waste of natural resources and does harm to the environment. The proposal seeks to save costs for consumers and facilitate the development ...