COM(2017) 208 of 4 May 2017 for a Regulation of the European Parliament and of the Council amending Regulation (EU) No 648/2012 as regards the clearing obligation, the suspension of the clearing obligation [...] 9 (1a)) - the CCPs on behalf of both counterparties in the case of exchange-traded derivative contracts, - the financial counter-party on behalf of the both counterparties in the case of OTC derivative [...] transparency of the contracts and the reduction of risks cannot be achieved by the Member States alone. Policy Context In 2012, in order to remedy defects in the regulation of the trade in over-the-counter
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governance in the euro area’. This report has been prepared by the President of the European Commission, in close cooperation with the President of the Euro Summit, the President of the Eurogroup, the President [...] future interventions by the ESM less likely. Such a measure would require a change of Article 33.1(b) of the Statute of the European System of Central Banks and of the European Central Bank, which can [...] as part of the European Semester. ‘Economic dialogues’ between the European Parliament and the Council, the Commission and the Eurogroup have taken place in line with the provisions of the ‘Six-Pack’
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particular the work of the ESFS can improve supervision and strengthen the stability of financial markets, which is essential for the credit supply of the real economy. The attractiveness of the EU as a [...] consisting of representatives of the newly established EU authorities and of the Commission is to support the ESFS. ► Tasks of the national financial supervisory authorities in ESFS – The national [...] meetings of the colleges of supervisors as observers. – As the supervision of individual financial institutions falls under the competence of Member States, it is clear to the Commission that the financial
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with responsibility for the Single Market; he is a member of the Board of Trustees of the Centre for European Policy. Lüder Gerken is the director of the Centre for European Policy. [...] direction. In the end, this could result in the failure of the Single Market project – and with it probably also the failure of European integration altogether. First finding: the European Union is [...] proclaim the successful achievements of the past and ignore the alarming developments that are jeopardizing the sustainable continuation of the Single Market. Without doubt, the Single Market is the starting
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bringing the buildings up to the level of the best 10% of the national building stock; - buy or rent only buildings in the best available energy performance class. MAIN ISSUES Objective of the Communication: [...] – The authorisation of new power generation capacities should depend on the use of the “best available technology”. The permit update of older installations is to be subject to an upgrade to the efficiency [...] and thus to weaken the mechanism of the market. Energy service companies should not receive any support, e.g. in the form of guarantees from the public purse, as the financing of investments is an
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benefit fully from the integration of the European market in services. In particular, Directive 2006/123/EC of the European Parliament and of the Council of 12 December 2006 on services in the internal market [...] a number of European or multinational actions can be carried out while respecting the principle of subsidiarity defined by the Treaty and the competence of the Member States in the field of tourism. [...] supported by the European Fisheries Fund (EFF) as part of local development strategies. Ways of realising the potential of the nautical and pleasure boat industry for the economic growth of the islands and
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significant imbalance in the parties' rights and obligations arising under the contract, to the detriment of the consumer. In the context of the legislative proposals of the reform of the Common Fisheries Policies [...] time of the third meeting of the High Level Forum on 5 December 2012. However, eight of the eleven organisations have announced their intention to launch the implementation of the principles of fair practice [...] behaviour in the phase of the execution of the contract or are so complex that the parties do not fully understand what the terms imply in practice. Moreover, parties might not have the same level of information
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savings. The saver knows that the higher the return, the higher the risk of the project he is funding. The funding of investment projects therefore depends on whether somebody is willing to bear the associated [...] explosion of the use of credit derivatives and stressed the need to address the lack of transparency in the market. To this end, the report recommended action to simplify and standardise over the counter [...] about the benefits and risks of derivatives markets as exposed by the financial crisis. The report of the High Level Group chaired by Jacques de Larosière demonstrated the risks associated with the rapid
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where - the placing on the market of a medicinal product is suspended or - a medicinal product is removed from the market; - justify the measure if the efficacy of the medicinal product or the protection [...] considerable harm to the health and life of patients. The automatic updating of the list of medicinal products subjected to strengthened surveillance, the obligation to inform the authorities of as to why an [...] and of the Council amending Regulation (EC) No. 726/2004 as regards pharmacovigilance. Proposal COM(2012) 52 of 10 February 2012 for a Directive of the European Parliament and of the Council amending
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where - the placing on the market of a medicinal product is suspended or - a medicinal product is removed from the market; - justify the measure if the efficacy of the medicinal product or the protection [...] considerable harm to the health and life of patients. The automatic updating of the list of medicinal products subjected to strengthened surveillance, the obligation to inform the authorities of as to why an [...] and of the Council amending Regulation (EC) No. 726/2004 as regards pharmacovigilance. Proposal COM(2012) 52 of 10 February 2012 for a Directive of the European Parliament and of the Council amending
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