Today the Committee on Economic and Monetary Affairs held a hearing with the Commissioner-designate Mairead McGuinness. McGuinness is the candidate to succeed the resigned Irish Commissioner Hogan. McGuinness would take over the financial market portfolio from Commission Vice-President Dombrovskis, while the latter is to take over the trading portfolio. McGuinness is a committed and strong […]
Banned poison in imported jewellery must have political consequences
Dear friends, Dear interested, The door is wide open for the import of illegal and dangerous products into the EU. The European Chemicals Agency, in cooperation with the chemicals regulation enforcement and customs authorities in 16 EU member states, has tested imported products for their compliance with EU laws. The results are alarming. Almost a […]
Commission proposal on crypto assets and Libra: Regulation must solve money laundering problems, not taboo them
Today, departing Finance Commissioner Dombrovskis presented a legislative package on the digitalization of the financial system. This includes in particular a new strategy for payment services and a legislative proposal for the digital resilience of the financial sector. The legislative proposals for the regulation of crypto-assets in particular had been long awaited. The proposals stipulate […]
ESMA Report Cum-Ex/Cum-Cum: Preventing tax theft through European rules
Dear friends, dear interested, Today the European Securities and Markets Authority (ESMA) has issued its report on Cum-Ex / Cum-Cum & Co (euphemistically called “dividend arbitrage”). The report was requested by the European Parliament on initiative of us Greens, to assess these transactions of a cross-border nature. In particular, the European Parliament wanted more clarity […]
Animal transports in the European Parliament: new inquiry committee on animal suffering elected green chair
Dear friends, dear interested, The European Parliament has finally set up an inquiry committee on animal transports. The special committee, limited to one year, will investigate how EU animal welfare rules for animal transports within the EU and to non-EU countries are systematically broken and propose changes to improve enforcement as well as new rules. […]
Start of the Tax Subcommittee in the European Parliament: Lift the blockade for tax justice in Europe
Today, Sept. 23 at 9am, the constitutive meeting of the new Tax Subcommittee of the European Parliament took place. In this meeting the committee Chairpersons were elected. The Chairman is Paul Tang (S&D). Kira Peter-Hansen is the third Vice-Chair for the Greens. Sven Giegold is coordinator for the Greens/EFA group in the new subcommittee. MEP […]