Heute wird der Berichtsentwurf über eine aufsichtsrechtliche Mindestvorgabe für die Risikovorsorge notleidender Kredite (NPLs) im Wirtschafts- und Währungsausschuss (ECON) diskutiert. Die Ko-Berichterstatter im Europäischen Parlament, Esther De Lange (EVP) und Roberto Gualtieri (S&D), haben Änderungsanträge vorgelegt, die den ohnehin schon laxen Vorschlag der Kommission für eine NPL-Verordnung weiter abschwächen. Alle Fraktionen haben bis Ende dieser […]
Letter to ESMA regarding dubious CFD / Forex trading platforms
Dear Steven, I hope this email finds you well! I am contacting you with a serious concern regarding cross-border retail investor fraud in the area of CFD and Forex trading on online platforms. In my view, such practices pose a threat to the integrity of the single market and require a concerted European answer initiated […]
Deine / Ihre Spende für den Europawahlkampf
Liebe Freundinnen und Freunde, Liebe Interessierte, bei der kommenden Europawahl geht es um alles. Wir können nur dann ein besseres und stärkeres Europa schaffen, wenn wir Europa heute verteidigen. 81% der Deutschen sind heute für Europa. Diese 81% wollen wir an die Wahlurne mobilisieren: Für ein mutiges Vorangehen mit Europa, für ein sozialeres Europa, für […]
EU Parliament criticises Romania: rule of law and freedom of the press threatened
The European Parliament just adopted a resolution strongly criticising the Romanian government of Social Democrats and Liberals, which will take over the presidency of the Council at the beginning of 2019. With a broad majority of pro-European parties, Parliament criticises the weakening of the independence of courts and anti-corruption institutions. It also recently became known […]
Council undermines reform of European supervisory institutions
Central proposals of the EU Commission for the reform of the European system of financial supervision could fall victim to the red pencil of the Council of Ministers. Today the Austrian Presidency is presenting a paper to the relevant Council working group with proposals for amendments to the Commission draft as a basis for discussion. […]
Success for consumer protection in financial markets: European Parliaments limits charges for cross-border payments and currency conversion
This Monday, the European Parliament’s Economic and Monetary Affairs Committee adopted a draft regulation limiting charges for cross-border payments within the EU and for currency conversion services by a broad cross-party majority. According to Parliament’s position, payment service providers for cross-border payments in Europe should only be allowed to charge fees equivalent to the national […]