Transatlantic News

Transatlantic News

Chapter News

ESMA Amends Guidelines to Further Harmonise the Enforcement of Financial Information by National Regulators

The European Securities Markets Authority (ESMA) has published today an amended version of its guidelines on enforcement of financial information. The Guidelines apply to national competent authorities’ (NCAs) enforcement of financial information which issuers, listed on regulated markets, are required to publish under the Transparency Directive. Following a 2017 peer review on the implementation of certain aspects of the Guidelines, ESMA decided to amend the Guidelines in order to further harmonise the way NCAs enforce the financial disclosures of European issuers. The...
Chapter News

United Kingdom: Statement by the High Representative on the Opening of the EU Delegation in London

Today, the United Kingdom leaves the European Union and becomes a third country. While we regret the decision of the United Kingdom to leave our Union, we fully respect this choice and are ready to move forward. The diplomatic representation of the European Union from now on will be ensured by an EU Delegation, under my authority as High Representative of the Union for Foreign affairs and Security Policy. I have appointed Ambassador João Vale de Almeida as Head of Delegation...
Chapter News

European Commission and European Investment Fund Launch €75 Million BlueInvest Fund

The European Commission is partnering with the European Investment Fund, part of the European Investment Bank Group (EIB), to launch the BlueInvest Fund today. During the BlueInvest Day conference in Brussels, EIB Vice-President Emma Navarro and Virginijus Sinkevičius, Commissioner for Environment, Oceans and Fisheries, launched a €75 million equity investment fund for the blue economy. The BlueInvest Fund will be managed by the European Investment Fund and will provide financing to underlying equity funds that strategically target and support the innovative blue...
Brexit News, Chapter News

Brexit: What Does It Mean for the European Union and Our Partners?

This is a Joint Op-Ed by the European Union’s High Representative/Vice President Josep Borrell and the European Commission’s Head of UK Task Force Michel Barnier. On 31 January 2020, the United Kingdom left the European Union. We lost a member of our family. It was a sad moment for us, for European citizens — and, indeed, for many British citizens. Nevertheless, we have always respected the sovereign decision of 52% of the British electorate, and we now look forward to starting...
Chapter News

New EU Visa Rules – Questions and Answers

New EU rules on short-stay visas apply worldwide from 2 February 2020. They make it easier for legitimate travellers to apply for a visa to come to Europe, facilitating tourism, trade and business, while providing more resources for countering irregular migration risks and threats to internal security. Which non-EU countries do the new rules apply to? The changes apply to travellers from all countries which need visas to travel to the EU. Currently, citizens from 105 non-EU countries or entities are...
Chapter News

Future EU-UK Partnership: European Commission Takes First Step to Launch Negotiations with the United Kingdom

The European Commission has today issued a recommendation to the Council to open negotiations on a new partnership with the United Kingdom. This recommendation is based on the existing European Council guidelines and conclusions, as well as on the Political Declaration agreed between the EU and the United Kingdom in October 2019. It includes a comprehensive proposal for negotiating directives, defining the scope and terms of the future partnership that the European Union envisages with the United Kingdom. These directives cover...
Brexit News, Chapter News

A new dawn for Europe: Joint op-ed by President von der Leyen, President Michel and President Sassoli

As the night draws in this evening, the sun will set on more than 45 years of the United Kingdom's membership of the European Union. For us, as Presidents of the three main EU institutions, today will inevitably be a day of reflection and mixed emotions – as it will for so many people. Our thoughts are with all of those who have helped to make the European Union what it is today. Those who are concerned about their future...
Chapter News

How ECB Purchases of Corporate Bonds Helped Reduce Firms’ Borrowing Costs

In June 2016, the ECB launched its corporate sector purchase programme, through which it purchased corporate bonds in an effort to improve the financing conditions of euro area firms. In this article, I argue that the programme was successful. In particular, by increasing prices and reducing yields in the targeted bond market segment, the programme encouraged investors to shift their investments towards similar but somewhat riskier bonds. This reduced borrowing costs for many firms, including those whose bonds were...

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