Chapter News

Parliament Supports European Green Deal and Pushes for Even Higher Ambitions

Wednesday, January 15th, 2020

MEPs support the European Green Deal, but highlight challenges, including ensuring a just and inclusive transition and the need for high interim targets. Parliament adopted on Wednesday its position on the European Green Deal, unveiled by Commission President von der Leyen in a plenary debate in December. MEPs welcome the European Green Deal and support an […]

Visit of EU Trade Commissioner Phil Hogan

Tuesday, January 14th, 2020

EU Trade Commissioner Phil Hogan is in Washington, DC (January 13-16) for meetings with the U.S. Administration, Congress, the IMF, and business leaders. This will include meetings with the United States Trade Representative, Robert Lighthizer, the Secretary of Treasury, Steve Mnuchin, and Secretary of Commerce, Wilbur Ross. This is the first trip that Commissioner Hogan is taking […]

EU, U.S. and Japan Agree on New Ways to Strengthen Global Rules on Industrial Subsidies

Tuesday, January 14th, 2020

In a Joint Statement issued today, representatives of the European Union, the United States and Japan announced their agreement to strengthen existing rules on industrial subsidies and condemned forced technology transfers practices. In a meeting held in Washington, D.C., the EU, the U.S. and Japan agreed that the current list of subsidies prohibited under the World Trade […]

ESMA Publishes Responses to its Consultatiom on MiFID II Review Report on Position Limits

Monday, January 13th, 2020

ESMA has today published the responses received to its consultation on MiFID II review report on position limits and position management. To read the responses, click here. Compliments of the European Commission

The European Commission Takes Action to Protect Europe’s Interests in International Trade

Monday, January 13th, 2020

The European Commission unveiled a proposal that will allow the European Union to protect its trade interests despite the paralysis of the multilateral dispute settlement system in the World Trade Organization (WTO). To further increase the focus on compliance and enforcement of the EU’s trade agreements, the Commission created the position of Chief Trade Enforcement […]

European Commission Steps Up Protection of European Intellectual Property in Global Markets

Thursday, January 9th, 2020

The European Commission published today the latest report on protection and enforcement of Intellectual Property Rights (IPR) in third countries. While developments have taken place since the publication of the previous report, concerns persist and a number of areas for improvement and action remain to be addressed. Intellectual property rights infringements worldwide cost European firms billions of […]

ECB Appoints Petra Senkovic as Director General Secretariat and Pedro Gustavo Teixeira as Director General Secretariat to the Supervisory Board

Wednesday, January 8th, 2020

The European Central Bank (ECB) announced the appointments of Petra Senkovic as Director General Secretariat and Secretary to ECB decision-making bodies, and Pedro Gustavo Teixeira as Director General Secretariat to the Supervisory Board and Secretary to the Supervisory Board. Ms Senkovic, 49, is currently Director General Secretariat and Secretary to the Supervisory Board, a post […]

New EU Research Grants Worth $28 Million Benefit 13 US Scientists

Tuesday, January 7th, 2020

On 10 December 2019, the EU’s European Research Council (ERC) announced the winners of its latest Consolidator Grant competition: 301 top scientists and scholars across Europe. Funding for these researchers, part of the Horizon 2020 research and innovation programme, is worth in total €600 million. With this support, the new grantees will have a chance to build […]

ESMA Assesses EU Financial Market Impact of Circuit Breakers

Tuesday, January 7th, 2020

The European Securities and Markets Regulator (ESMA), the EU’s securities markets regulator, today publishes a study on the market impacts of circuit breakers. Sudden and drastic price swings in financial markets can be a source of market instability and are a concern for market participants, supervisors and regulators. Circuit breakers are key instruments used by trading venues […]

EIOPA Identifies Areas where Risks for Consumers Remain High, Notably with Unit-Linked, Credit Life/Credit Protection, and Add-on Insurance Products

Thursday, December 19th, 2019

The European Insurance and Occupational Pensions Authority (EIOPA) published, today, its 2019 Consumer Trends Report outlining major developments in the insurance and pensions sectors affecting European consumers. Improvements in disclosure practices have been seen and digitalisation remains a broadly noteworthy trend, showing that financial innovations can bring benefits for both insurers and consumers, so long as they […]