Dear colleagues, Dear interested, the Committee on Economic and Monetary Affairs in the European Parliament is currently working on a “legislative own-initiative report” on Digital Finance. This rather rarely used instrument enables the Parliament to press the EU Commission for new legislative initiatives. The Parliament will prepare the ground for a European framework for FinTechs, […]
Webinar: “Regional Inequalities – The underestimated risk for Europe” with EU Commissioner Ferreira on Tuesday, 23 June 2020, 7-9pm CEST
Dear friends, The European Commission has recently presented their proposals for a revised European budget for 2021-2027 and a recovery package. Therein, regional funds play a fundamental role and should be equipped with additional 82.6 billion Euros. However, large parts of the money should be handed to the member states without strong conditions. May those […]
Webinar: After the ECB judgement of the German Constitutional Court: Is EU community law in jeopardy? – Thu, 18 June, 7-10pm
Limited spaces, register here now! Dear friends, dear interested, On 5 May, the German Constitutional Court declared its decision on the Public Sector Purchase Programme (PSPP) of the European Central Bank (ECB). The Court found that the ECB had acted beyond its legal powers by not assessing or substantiating that the PSPP measures “satisfy the […]
European auditors to scrutinise anti money laundering supervision
Dear friends, dear interested, The European Court of Auditors announced that it will scrutinise the effectiveness of the European anti-money laundering supervision in the banking sector by means of an audit report. In doing so, the Court will examine the implementation of EU legislation in the Member States, the management of risks to the internal […]
EU Parliament establishes permanent subcommittee on taxation and financial crime: Green success at the right time
Today the leaders of the European Parliament’s political groups in the Conference of Presidents decided to set up a permanent subcommittee on tax-related issues in the framework of the Committee on economic and monetary affairs. The committee will deal with tax fraud, tax evasion, tax avoidance and tax transparency. This will provide Parliament with permanent […]
Final report on the future of the Capital Markets Union: Many industry wishes, no European vision
Today, the EU Commission’s high-level expert group published its final report with recommendations for the further development of the European Capital Markets Union. The group consisting of experts from authorities, the financial businesses and a few consumer and investor protection groups was set up after the Capital Markets Union project had made little progress in […]