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Transatlantic News
Transatlantic News
25
Mar
For 10 years the EU Rapid Information system (RAPEX) has been guarding European consumers against un-safe non-food products. In 2013 a total of 2,364 measures were taken by EU Member States. This figure indicates a 3.8% rise in alerts compared to 2012 and continues the increasing trend which has been apparent since the establishment of RAPEX in 2003.
"RAPEX shows that Europe is vigilant and cares for the safety of our 500 million citizens. It is a success story of...
25
Mar
The financial crisis in Europe highlighted the need for better regulation and supervision of the financial sector, and since 2010, the European Commission—the EU’s executive arm—has proposed nearly 30 sets of rules to ensure that all financial actors, products, and markets are appropriately regulated and efficiently supervised.
These rules constitute the basic framework for all 28 EU Member States and are the foundation of a properly functioning single market for financial services.
As part of this new framework, the EU has...
25
Mar
On the eve of the US-EU summit, stakeholders remain optimistic that a Transatlantic Trade and Investment Partnership (TTIP) deal can be reached, but they believe a less comprehensive agreement will result from more protracted talks, according to an Atlantic Council-Bertelsmann Foundation survey released yesterday.
The survey, a follow-up to a similar 2013 poll, gauges the attitudes of more than 300 individuals on both sides of the Atlantic nearly one year after formal TTIP negotiations began. TTIP will be on the agenda...
20
Mar
On 20 March the Council, represented by the Greek Presidency, has reached a provisional agreement with the European Parliament on the single resolution mechanism regulation.
Eurogroup President Jeroen Dijsselbloem, who is chairing the intergovernmental conference on certain aspects of the single resolution fund, also participated in the negotiations.
"On behalf of the Presidency, I should like to warmly welcome today's agreement on this key element of Europe's banking union. I sincerely hope that it will open the way for approval by both Parliament...
20
Mar
On Tuesday, Ambassador Anthony L. Gardner who was sworn in as US Ambassador to the EU on February 18, presented his credentials to the European Council President Van Rompuy and European Commission President Barroso in time for President Obama's upcoming visit to the US-EU Summit on March 26.
One of Ambassador Gardner's main priorities will be to ensure the TTIP negotiations remain on track. via the US Mission to the EU
See his new video highlighting the opportunities TTIP offers here.
Prior...
16
Mar
Enter Competition THRIVE - A unique competition that seeks original, innovative strategies and programs that help immigrant entrepreneurs succeed in business.
Round I: $25,000 awarded to five semi-finalists to pilot their program and create a business plan
Round II: $100,000 awarded to one grand prize winner, plus promotional services to further scale their program
For more information and to download the proposal guidelines, visit the Competition THRIVE web page, email competitionthrive@baruch.cuny.edu, or call Lendynette Pacheco-Jorge at 646-312-4799.
Submission Deadline: Thursday, May 8, 2014...
13
Mar
The European Parliament has today backed the European Commission’s proposal on co-financing the IFRS Foundation, EFRAG and the PIOB, three organisations that play a key role in the development of accounting and auditing standards.
Internal Market and Services Commissioner Michel Barnier said "High-quality, international financial reporting and auditing rules are of vital importance not only for transparency, comparability and the smooth functioning of capital markets, but also for the economy at large.
The support of the European Parliament to renew the...
12
Mar
European Parliament MEPs inserted stronger safeguards for EU citizens’ personal data that gets transferred to non-EU countries in a major overhaul of the EU’s data protection laws voted on Wednesday. The new rules aim both to give people more control over their personal data and to make it easier for firms to work across borders, by ensuring that the same rules apply in all EU member states. MEPs also increased the fines to be imposed on firms that break...
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