The Commission extended their powers through several decisions on 23. January 2009 (cp. CEP Policy Brief). ► CEBS, CEIOPS and CESR advise the Commission in drawing up detailed implementation provisions [...] improved financial market supervision which, on the whole, are very target-oriented (cp. CEP Policy Brief). In fact, financial supervision in the EU suffers from outdated structures, both at the micro [...] Communication COM(2009) 252 from the Commission of 27. May 2009: European financial supervision Brief Summary ► Background – The Commission is convinced that the financial crisis has exposed “important
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support specific activities in the field of financial services, financial reporting, and auditing Brief Summary Unless otherwise provided for, articles refer to the largely identical decisions 2009/77/EC [...] in the form of a German registered association seated in Frankfurt is unusual. Alternative Policy Options – Possible Future EU Action The Commission hints at the fact that the financial
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PAYMENTS cepPolicy Brief 2012-24 of 4 June 2012 CONTENT Title Green Paper COM(2011) 941 of 11 January 2012: An integrated European Market for card, internet and mobile payments Brief Summary [...] developed the transfer and direct debit procedures for the Single Euro Payments Area (SEPA) (s. CEP Policy Brief). As of 1 February 2014, only SEPA debits and SEPA transfers with an international bank account [...] on Subsidiarity by the Commission The Commission does not address the issue of subsidiarity. Policy Context The European Payments Council (EPC) established by European banks and banking associations
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Proposal for a Directive on the portability of supplementary pension rights [COM(2005) 507, see CEP Policy Brief, in German only]. – In particular: The improvement of consumer protection - The Commission’s [...] applicable to insurance companies as of 2012 (Directive Solvency–II, 2009/138/EC, see CEP Policy Brief, in German only) should equally apply to pension funds. - The Commission is considering improving [...] approach now. This also becomes evident in the strategy “Europe 2020” [COM(2010) 2020, see CEP Policy Brief] which aims to bring more people into employment and make them stay there for longer. The st
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23 KOM(2003) 542. 24 KOM(2006) 59. 25 Siehe http://ec.europa.eu/regional_policy/index_de.htm 16. Welche weiteren Maßnahmen sollten ergriffen werden, um Städten zu helfen, die [...] Bürger. 29 Siehe http://ec.europa.eu/regional_policy/index_de.htm 30 Siehe www.eib.org DE 23 DE Das 7. RP umfasst im Themenbereich „Verkehr“ [...] Anregungen sind einzureichen – mit elektronischer Post an tren-urbantransport@ec.europa.eu – brieflich an Europäische Kommission Generaldirektion Energie und Verkehr Referat Umweltfreundlicher
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than through national action. Policy Context Prior to the Proposal, a Green Paper was published on the attachment of bank accounts [COM(2006) 618; s. CEP Policy Brief] and a Green Paper on the Transparency [...] Transparency of Debtors’ Assets [COM( 2008) 128; s. CEP Policy Brief]. Legislative Procedure 25 July 2011 Adoption by the Commission Open Adoption by the European Parliament and the Council, publication [...] Account Preservation Order to facilitate cross-border debt recovery in civil and commercial matters Brief Summary ► Objective and scope – The aim of the European Account Preservation Order (official a
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Communication COM(2009) 519 (cp. CEP Policy Brief), the Consultation for the Energy Strategy (cp. CEP Policy Brief) and the Communication COM(2009) 512 (cp. CEP Policy Brief). Legal Assessment Legislative [...] (0)761 38693-0 | www.cep.eu 3 Policy Context On 26 March 2010, the European Council approved most parts of the Europe 2020 strategy [COM(2010)2020; see CEP Policy Brief] as the successor to the failed [...] Guidelines Brief Summary ► Object of the Recommendation – The Commission proposes ten “integrated“ guidelines for the implementation of the Europe 2020 strategy, [COM(2010) 2020; see CEP Policy Brief]
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questions regarding the development and operation of the railway infrastructure (2. Part; cp. CEP Policy Brief). – Its major aim is to provide for a non-discriminatory competition in the railway traffic market [...] European Parliament and of the Council establishing a single European railway area (Recast) Brief Summary ► Background – The first railway package of 2001 consists of three Directives which form [...] Commission The problems of the railway sector affect cross-border aspects which require EU action. Policy Context See CEP Background Paper, in German only. 1st Railway Package Recast – (1) C
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removal of barriers to competition and the reform of regulatory oversight (1. Part; cp. CEP Policy Brief), as well as questions regarding the development and operation of the railway infrastructure (2 [...] as the internalisation of noise costs from road transport is permitted [COM(2008) 436, cp. CEP Policy Brief and CEP Monitor], the internalisation of noise costs from railway traffic must be carried out [...] Jeck | Telephone +49 (0)761 38693-105 | langner@cep.eu 4 [see e.g. COM(2009) 279; cp. CEP Policy Brief] is calling for – and rightly so – the increased financing of infrastructure through users.
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of the Council on roaming on public mobile communications networks within the Union (recast). Brief Summary ► Context and objectives – The Regulation substitutes the Roaming Regulation of 2007 [(EC) [...] competition. Consequently, the regulation infringes the principle of proportionality. An ordoliberal policy would therefore be limited to the obligation of providers to inform users of prices, which is a
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