Other EU Bodies press

By m.julika@live.com European Ombudsman Other EU Bodies press

28 Jan: Ombudsman criticises how Commission handled request for access to President’s text messages

(Source European Ombudsman)

The Ombudsman has criticised how the Commission handled a request for public access to text messages between its President and the CEO of a pharmaceutical company.

She has now asked it to do a more extensive search for the relevant messages.

In response to the public access request by a journalist, the Commission said no record had been kept of such messages, which were related to the purchase of COVID-19 vaccines.

The Ombudsman inquiry revealed that the Commission did not explicitly ask the President’s personal office (cabinet) to look for text messages.

Instead, it asked her cabinet …

By Desk Editor 2 Other EU Bodies press

18 Jan: EU’s contribution to energy efficiency in businesses is unclear

(Source ECA)

In a special report published today, the European Court of Auditors (ECA) calls for clarification of the contributions made by EU funds to energy efficiency in businesses. The auditors conclude that EU funding remains insufficiently linked to business needs. And its expected results, though they are impossible to capture under the existing monitoring framework, are likely to deliver only a modest input to the EU’s energy-efficiency objectives. Among other things, the auditors found evidence to suggest that a number of projects may have succeeded without public support. Energy efficiency is an important part of the EU’s ambition to …

By Desk Editor 2 Other EU Bodies press

18 Jan: ESMA ISSUES 2021 REPORT ON ACCEPTED MARKET PRACTICES UNDER MAR

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its annual report on the application of accepted market practices (AMPs) in accordance with the Market Abuse Regulation (MAR). The number of liquidity contracts and the volumes traded under the AMPs has decreased for the four NCAs that have them in place (CNMV, CMVM, CONSOB and AMF) from June 2020 to June 2021, with only a marginal number of contracts operational under the Italian and Portuguese AMPs. Next steps The Report will now be submitted to the European Commission. It will help ESMA’s ongoing work …

By Desk Editor 2 Other EU Bodies press

15 Dec: ERIK THEDÉEN APPOINTED VICE CHAIR OF ESMA

The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Erik Thedéen as its Vice Chair. Mr Thedéen, who is the Director General of the Swedish Finansinspektionen (FI), will serve a 2½ year term effective immediately.

He replaces Anneli Tuominen, Director-General of the Finnish Finanssivalvonta (FIN-FSA) who has completed her term.

Verena Ross, Chair, said:

“I am happy to announce the appointment of Erik Thedéen as Vice Chair of ESMA. As a Board Member since January 2018, he has demonstrated his commitment to ESMA through his active participation in our supervisory work. He brings a …

By m.julika@live.com Other EU Bodies press

30 Oct: Annual report on EU agencies for the financial year 2020

(Source: EUROPEAN COURT OF AUDITORS)

EU agencies in different Member States have adapted well to the unprecedented situation of the COVID-19 pandemic, the European Court of Auditors (ECA) has concluded in its annual audit of EU agencies for the 2020 financial year. The auditors confirm that the agencies’ financial management is in good shape, as in previous years, and has not been extremely affected by the pandemic. There are still shortcomings in some agencies’ internal controls, and weaknesses in public procurement procedures remain the main source of irregularities. The pandemic also has not favoured progress in budgetary management and human …

By m.julika@live.com Other EU Bodies press

29 Oct: Annual report on EU agencies for the financial year 2020

(Source: EUROPEAN COURT OF AUDITORS)

By m.julika@live.com Other EU Bodies press

29 Oct: 2020 Audit of EU agencies in brief

(Source: EUROPEAN COURT OF AUDITORS)

The document “2020 Audit of EU agencies in brief” summarises the audit results for the 2020 financial year for the 41 EU agencies and other EU bodies under the ECA’s mandate as the external auditor of the EU’s finances. ELA and the EPPO were not audited in 2020 because they did not reach their financial autonomy.

The document is currently available in English only – other EU languages will follow shortly.

2020 Audit of EU agencies in brief…

By m.julika@live.com Other EU Bodies press

29 Oct: ESMA MAKES NEW BOND LIQUIDITY DATA AVAILABLE AND PUBLISHES DATA FOR THE SYSTEMATIC INTERNALISER CALCULATIONS

(Source: ESMA)

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today made available new data for bonds subject to the pre- and post-trade requirements of MiFID II and MiFIR through its data register.

Bonds quarterly liquidity assessment

ESMA has published the latest quarterly liquidity assessment for bonds available for trading on EU trading venues. For this period, there are currently 448 liquid bonds subject to MiFID II transparency requirements.

ESMA’s liquidity assessment for bonds is based on a quarterly assessment of quantitative liquidity criteria, which includes the daily average trading activity (trades and notional amount) …

By m.julika@live.com Other EU Bodies press

29 Oct: GDP up by 2.2% in the euro area and by 2.1% in the EU

(Source: Eurostat – Statistical Office)

In the third quarter 2021, seasonally adjusted GDP increased by 2.2% in the euro area and by 2.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2021, GDP had grown…

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