The EU is taking the steps needed to continue to ensure a high level of aviation safety in its airspace in the event the UK leaves the EU without a negotiated agreement. Member states' representatives meeting in the Council's Permanent Representatives Committee today approved an agreement with the European Parliament on a draft regulation aimed at ensuring the continued validity of certain aviation safety certificates. The regulation covers aviation safety certificates for certain aeronautical products, parts and appliances issued to...

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Analysis by Luke McGee, CNN With Brexit day only weeks away, and still no deal in place, now might not seem the best time for British politicians to flip the table over. But this week, 11 Members of Parliament have done exactly that. On Monday, seven members of the opposition Labour Party announced that they were fed up of their leader Jeremy Corbyn, citing reasons ranging from rampant anti-Semitism to his lack of leadership on Brexit. They will now sit as...

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The College of Commissioners was today briefed by the Secretary-General Martin Selmayr and discussed the progress made on the Commission's contingency proposals for the undesirable but possible situation of a “no deal” Brexit. Michel Barnier, Chief Negotiator for Article 50 negotiations, updated the College on the latest state of play of the ongoing discussions with the UK government. To date, the Commission has tabled 19 legislative proposals, on which good progress has been made in the European Parliament and the...

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Press Release February 19, 2019 The European Securities and Markets Authority (ESMA) has published today its 2019 Supervision Work Programme, which details the main areas of focus for the upcoming year for ESMA’s supervision of Trade Repositories (TRs), Credit Rating Agencies (CRAs), and the monitoring of third-country market infrastructures such as third-country central clearing counterparties (TC-CCPs) and third-country Central Securities Depositories (TC-CSDs). ESMA currently directly supervises eight TRs and 27 CRAs. It also carries responsibility forfour certified CRAs and 32...

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