211

resultat

Ord
Publikationstyp
Politikområde
Författare
Datum

Amending securitisation requirements for the impact of coronavirus

01-07-2021

Preserving the ability of banks to continue lending to companies, especially small and medium-sized enterprises, is key when it comes to softening the economic impact of the pandemic and easing recovery. The Commission believes that securitisation can contribute to this. It also considers that in order to increase the potential of securitisation the EU regulatory framework (Regulations (EU) 2017/2402 and (EU) 575/2013) must be updated, to cater for (i) on-balance-sheet synthetic securitisation and ...

Preserving the ability of banks to continue lending to companies, especially small and medium-sized enterprises, is key when it comes to softening the economic impact of the pandemic and easing recovery. The Commission believes that securitisation can contribute to this. It also considers that in order to increase the potential of securitisation the EU regulatory framework (Regulations (EU) 2017/2402 and (EU) 575/2013) must be updated, to cater for (i) on-balance-sheet synthetic securitisation and (ii) the securitisation of non-performing exposures (NPEs). The co-legislators amended the Commission proposal, with amendments concerning, among other things, the requirements concerning the credit protection agreement, the third party verification agent and the synthetic excess spread, the macroprudential oversight of the securitisation market, the obligations of the EBA, the reporting on prudential requirements and financial information, grandfathering for securitisation positions and NPE securitisations. The final act was signed on 31 March 2021. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Supporting the single market beyond 2020

03-06-2021

The single market programme is a new, dedicated €3.7 billion (in 2018 prices) or €4.2 billion (in current prices) programme for the 2021-2027 period supporting the single market. It is particularly aimed at empowering and protecting consumers, and enabling Europe's many small and medium-sized enterprises (SMEs) to take better advantage of a well-functioning single market. On 3 May 2021, the Regulation establishing the programme entered into force, with retroactive application from 1 January 2021. ...

The single market programme is a new, dedicated €3.7 billion (in 2018 prices) or €4.2 billion (in current prices) programme for the 2021-2027 period supporting the single market. It is particularly aimed at empowering and protecting consumers, and enabling Europe's many small and medium-sized enterprises (SMEs) to take better advantage of a well-functioning single market. On 3 May 2021, the Regulation establishing the programme entered into force, with retroactive application from 1 January 2021. The new programme aims to strengthen and streamline the governance of the EU's internal market. It will support the competitiveness of enterprises, and promote human, animal and plant health and a safe food chain, as well as financing European statistics to provide reliable data relevant to the single market. The proposal consolidates and streamlines a wide range of activities that were previously financed separately, and bundles them into one programme. The aim is to create benefits in terms of flexibility, simplification and synergies, and eliminate overlaps.

Trans-European energy infrastructure guidelines: Updating the current framework

26-04-2021

This briefing provides an initial analysis of the strengths and weaknesses of the European Commission's impact assessment (IA) accompanying the above-mentioned proposal, adopted on 15 December 2020 and referred to Parliament's Committee on Industry, Research and Energy (ITRE). The proposal seeks to amend Regulation (EU) No 347/2013 on guidelines for trans-European energy infrastructure (TEN E) with a view to ensure that the existing framework is consistent with, and contributes to, the new 2030 EU ...

This briefing provides an initial analysis of the strengths and weaknesses of the European Commission's impact assessment (IA) accompanying the above-mentioned proposal, adopted on 15 December 2020 and referred to Parliament's Committee on Industry, Research and Energy (ITRE). The proposal seeks to amend Regulation (EU) No 347/2013 on guidelines for trans-European energy infrastructure (TEN E) with a view to ensure that the existing framework is consistent with, and contributes to, the new 2030 EU climate target, set out in COM(2020) 562, commonly known as the 2030 EU climate target plan, with the ultimate objective of achieving an economy with net-zero greenhouse gas emissions (i.e. climate neutrality) by 2050, and in line with the Commission communication on the European Green Deal, COM(2019) 640.

Single market, competitiveness of enterprises and European statistics 2021-2027

21-04-2021

In 2018, under the new Multiannual Financial Framework (MFF) for 2021-2027, the Commission put forward a proposal for a programme aimed at improving the functioning of the single market, at fostering the competitiveness of companies, particularly small and medium-sized enterprises (SMEs), and at ensuring the provision of high quality statistics in all EU policy areas. Following an early second-reading agreement reached on 8 December 2020, Parliament is expected to formally adopt the text at second ...

In 2018, under the new Multiannual Financial Framework (MFF) for 2021-2027, the Commission put forward a proposal for a programme aimed at improving the functioning of the single market, at fostering the competitiveness of companies, particularly small and medium-sized enterprises (SMEs), and at ensuring the provision of high quality statistics in all EU policy areas. Following an early second-reading agreement reached on 8 December 2020, Parliament is expected to formally adopt the text at second reading in April, finalising the legislative procedure.

EU Trade Policy: how can FTAs better deliver for SMEs?

08-03-2021

These briefings discuss how free trade agreements (FTAs) can help small and medium-sized enterprises (SMEs). It provides an overview of FTAs with provisions supporting SMEs internationalise. Based on a literature review, we also discuss the main challenges and concerns for SMEs doing business in third countries. First, we show the current situation of European SMEs with respect to internationalisation and highlight the corresponding benefits. Following previous literature on the topic, we distinguish ...

These briefings discuss how free trade agreements (FTAs) can help small and medium-sized enterprises (SMEs). It provides an overview of FTAs with provisions supporting SMEs internationalise. Based on a literature review, we also discuss the main challenges and concerns for SMEs doing business in third countries. First, we show the current situation of European SMEs with respect to internationalisation and highlight the corresponding benefits. Following previous literature on the topic, we distinguish between SMEs without international operations and SMEs that are already internationalised and discuss how different barriers can affect them. Finally, the last section discusses initiatives at the EU and national level to support SMEs and concludes with a set of recommendations how to better support them.

Extern avdelning

Thibo CLICTEUR, Frauke DE TEMMERMAN, Duy HUYNH-OLESEN, Katrien NUYTS, Nazareno BRAITO, Davide CECCANTI

Benefits of EU trade agreements for small and medium-sized enterprises (SMEs)

08-03-2021

This briefing discusses how free trade agreements (FTAs) can help small- and medium-sized enterprises (SMEs). It provides an overview of the FTAs that the EU has concluded, along with a classification and a discussion of key provisions on and for SMEs. Several pioneering agreements are studied more closely, including the EU-Japan, EU-Canada, EU-Mercosur and EU-UK agreements. To conclude, the briefing assesses SME awareness of FTA chapters and analyses the related benefits.

This briefing discusses how free trade agreements (FTAs) can help small- and medium-sized enterprises (SMEs). It provides an overview of the FTAs that the EU has concluded, along with a classification and a discussion of key provisions on and for SMEs. Several pioneering agreements are studied more closely, including the EU-Japan, EU-Canada, EU-Mercosur and EU-UK agreements. To conclude, the briefing assesses SME awareness of FTA chapters and analyses the related benefits.

Extern avdelning

Thibo CLICTEUR, Frauke DE TEMMERMAN, Duy HUYNH-OLESEN, Katrien NUYTS

Challenges and concerns for small and medium-sized enterprises (SMEs) doing business in third countries

08-03-2021

This briefing discusses the main challenges and concerns for SMEs doing business in third countries. First, we show the current situation of European SMEs with respect to internationalisation and highlight the corresponding benefits. Second, based on previous literature on the topic, we distinguish between SMEs without international operations and SMEs that are already internationalised and discuss how different barriers can affect them.

This briefing discusses the main challenges and concerns for SMEs doing business in third countries. First, we show the current situation of European SMEs with respect to internationalisation and highlight the corresponding benefits. Second, based on previous literature on the topic, we distinguish between SMEs without international operations and SMEs that are already internationalised and discuss how different barriers can affect them.

Extern avdelning

Nazareno BRAITO, Davide CECCANTI, Duy HUYNH-OLESEN

EU actions to overcome challenges of small and medium-sized enterprises (SMEs)

08-03-2021

This briefing discusses the actions that the EU could take to properly tackle the challenges that SMEs are currently facing. Several initiatives have already been launched, such as the EU Helpdesk, the Access2Markets Platform and the CTEO. The pros and cons of these initiatives are outlined, and examples and a general assessment are provided. In a second step, several actions of Member States and commerce organisations are highlighted and a detailed classification provided. In a final step, recommendations ...

This briefing discusses the actions that the EU could take to properly tackle the challenges that SMEs are currently facing. Several initiatives have already been launched, such as the EU Helpdesk, the Access2Markets Platform and the CTEO. The pros and cons of these initiatives are outlined, and examples and a general assessment are provided. In a second step, several actions of Member States and commerce organisations are highlighted and a detailed classification provided. In a final step, recommendations are formulated for helping the EU to overcome the challenges and concerns of SMEs, to support and improve day-to-day business activities, and facilitate internationalisation.

Extern avdelning

Nazareno BRAITO, Davide CECCANTI , Frauke DE TEMMERMAN, Duy HUYNH-OLESEN

InvestEU programme

03-03-2021

InvestEU is a single investment support mechanism for the 2021-2027 period, which streamlines various EU financial instruments for internal policies previously supported by different funds of the EU budget. Parliament is due to vote on the first-reading agreement on InvestEU during its March I 2021 plenary part-session.

InvestEU is a single investment support mechanism for the 2021-2027 period, which streamlines various EU financial instruments for internal policies previously supported by different funds of the EU budget. Parliament is due to vote on the first-reading agreement on InvestEU during its March I 2021 plenary part-session.

Updating the Crypto Assets Regulation and establishing a pilot regime for distributed ledger technology

03-03-2021

The markets in crypto assets (MiCA) proposal intends to adapt to the latest technological trends in the FinTech sector. The briefing analyses the strengths and weaknesses of the impact assessment (IA) accompanying the MiCA and DLT proposals. The IA is quite technical and difficult to read for a non-expert. The policy options were compared against the criteria of effectiveness, efficiency and coherence, but not against proportionality, which is required by the better regulation guidelines. The preferred ...

The markets in crypto assets (MiCA) proposal intends to adapt to the latest technological trends in the FinTech sector. The briefing analyses the strengths and weaknesses of the impact assessment (IA) accompanying the MiCA and DLT proposals. The IA is quite technical and difficult to read for a non-expert. The policy options were compared against the criteria of effectiveness, efficiency and coherence, but not against proportionality, which is required by the better regulation guidelines. The preferred option is a mix of various options, and one of the preferred options is transferred into another, new legislative proposal, i.e., on the DLT. The IA foresees cost reduction for business due to the use of DLT, which saves costs compared to the traditional trading activities, with new entrants facing one-off costs similar to multilateral trading facilities (MTFs).

Kommande evenemang

07-09-2021
EPRS online policy roundtable: What is the future of (European) sovereignty?
Övrigt -
EPRS
08-09-2021
EPRS online policy roundtable: Statistics, Data and Trust: Why figures matter [...]
Övrigt -
EPRS
21-09-2021
EPRS online Book Talk with David Harley: Matters of Record: Inside European Politics
Övrigt -
EPRS

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