ESMA and EBA publish final guidance on fit and proper requirements

Combating money laundering and terrorist financing is essential for maintaining stability and integrity in the financial system. Uncovering involvement of credit institutions and investment firms in money laundering and terrorist financing might have an impact…

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Commission and industry invest €22 billion in new European Partnerships to deliver solutions to major societal challenges

Commission and industry invest €22 billion in new European Partnerships to deliver solutions to major societal challenges

The Commission has launched 11 new European Partnerships together with industry, to boost investments in research and innovation and to overcome major climate and sustainability challenges, towards making Europe the first climate neutral economy and…

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EU budget 2022: Speeding up Europe's recovery and progressing towards a green, digital and resilient future

EU budget 2022: Speeding up Europe's recovery and progressing towards a green, digital and resilient future

The Commission has proposed an annual EU budget of €167.8 billion for 2022, to be complemented by an estimated €143.5 billion in grants under NextGenerationEU. Their combined firepower will mobilise significant investments to boost the…

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Mergers: Commission opens in-depth investigation into proposed merger of Cargotec and Konecranes

Mergers: Commission opens in-depth investigation into proposed merger of Cargotec and Konecranes

European Commission Press release Brussels, 02 Jul 2021 The European Commission has opened an in-depth investigation to assess the proposed merger of Cargotec Corporation (‘Cargotec’) and Konecranes Plc (‘Konecranes’) under the EU Merger Regulation. The…

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EU-Republic of Korea trade grows twice as fast under trade agreement

EU-Republic of Korea trade grows twice as fast under trade agreement

European Commission Press release Brussels, 01 Jul 2021 The ten-year anniversary of the EU-Republic of Korea Trade Agreement comes with an impressive growth in bilateral trade of more than 50%, reaching over €110 billion. by…

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EIOPA continues to reinforce supervisory cooperation in cross-border activities

The European Insurance and Occupational Pensions Authority (EIOPA) amended the Decision on the collaboration of the insurance supervisory authorities of the Member States in the European Economic Area. The new Decision will further strengthen and…

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Consumer protection: Commission revises EU rules on product safety and consumer credit

Consumer protection: Commission revises EU rules on product safety and consumer credit

The European Commission has proposed revisions of two sets of EU rules to enhance consumer rights in a world reshaped by digitalisation and the COVID-19 pandemic. by : europa.eu/newsroom on 2021-06-29 22:00:00 Source link #Consumer…

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Eurogroup – Consilium

Eurogroup – Consilium

Highlights from the Eurogroup meeting held in Luxembourg on 17 June 2021 Main results Regular format Post-programme surveillance The European…

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State aid: Commission approves Austrian network reserve for ensuring security of electricity supply

State aid: Commission approves Austrian network reserve for ensuring security of electricity supply

European Commission Press release Brussels, 28 Jun 2021 The European Commission has approved, under EU State aid rules, Austrian plans to establish a network reserve for the Austrian electricity market. The temporary measure will be…

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The European Union and the Republic of Kenya launch strategic dialogue and engage towards implementing the East African Community Economic Partnership Agreement

The European Union and the Republic of Kenya launch strategic dialogue and engage towards implementing the East African Community Economic Partnership Agreement

European Commission Press release Brussels, 22 Jun 2021 The European Commission welcomes the launching of the Strategic Dialogue between the European Union and the Republic of Kenya, agreed on 21 June 2021, and the strengthening…

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