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 […]
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 […]
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, […]
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 […]
Special Report 01/2022: EU support for the rule of law in the Western Balkans: despite efforts, fundamental problems persist
(Source: EUROPEAN COURT OF AUDITORS)
Rule of law is one of the common values of EU Member States and enshrined in Article 2 of the Treaty of the European Union. It is also an essential and necessary condition for EU membership. We audited whether EU support for the rule of law in the […]
2022+ Work Programme
(Source: European Court of Auditors)
The European Court of Auditors (ECA) today published its work programme for 2022 and beyond, listing its strategic areas and audit priorities. These will cover a broad range of issues, reflecting the EU’s main challenges and key concerns. Foremost among them will be the EU’s response to the […]
European Ombudsman
European Ombudsman
(Source: European Union)
Overview
Role: Investigates complaints against EU institutions, bodies, offices & agencies
Ombudsman: Emily O’Reilly
Established in: 1995
Location: Strasbourg (France)
Website: European Ombudsman
The European Ombudsman investigates complaints about poor administration by EU institutions or other EU bodies. These may be lodged by citizens or residents of EU countries or by EU-based associations or businesses.
What does the Ombudsman do?
The Ombudsman […]
International cooperation to fight crime should comply with EU law
(Source: European Data Protection Supervisor)
The EDPS published on 20 January 2022 his Opinion on two Proposals: one to authorise EU Member States to sign the second Protocol to the Budapest Convention on Cybercrime, and one to authorise EU Member States to ratify this same Protocol.
Online targeting for political advertising: stricter rules are necessary
(Source: EUROPEAN DATA PROTECTION SUPERVISOR)
The EDPS has published today his Opinion on the EU legislators’ proposed Regulation on transparency and targeting for political advertising.
European Data Protection Supervisor (EDPS)
European Data Protection Supervisor (EDPS)
(Source: European Union)
Overview
Role: Ensures that EU institutions and bodies respect people’s right to privacy when processing their personal data
Supervisor: Wojciech Wiewiórowski
Established in: 2004
Location: Brussels (Belgium)
Website: European Data Protection Supervisor
The EU institutions and bodies sometimes process citizens’ personal information – in electronic, written or visual format – in the course of […]
New Regulation on European Union Agency for Asylum (EUAA) will strengthen personal data protection of asylum seekers
(Source: EUROPEAN DATA PROTECTION SUPERVISOR)
Today marks the entry into force of Regulation 2021/2303, establishing a European Union Agency for Asylum (EUAA) to replace and succeed to the European Asylum Support Office (EASO), and transform it into a fully-fledged asylum agency.
EDPS orders Europol to erase data concerning individuals with no established link to a criminal activity
(Source: EUROPEAN DATA PROTECTION SUPERVISOR)
On 3 January 2022, the EDPS notified Europol of an order to delete data concerning individuals with no established link to a criminal activity (Data Subject Categorisation). This Decision concludes the EDPS’ inquiry launched in 2019.
The European Data Protection Board (EDPB)
The European Data Protection Board (EDPB)
(Source: European Union)
Overview
Role: To ensure that the General Data Protection Regulation (GDPR) and the Data Protection Law Enforcement Directive are consistently applied in the EU countries, as well as Norway, Liechtenstein and Iceland.
Chair: Andrea Jelinek
Established in: 2018
Number of staff: 21
Location: Brussels
Website: European Data Protection Board
The EDPB is […]
European Union Agency for Law Enforcement Cooperation (Europol) Info
European Union Agency for Law Enforcement Cooperation (Europol)
(Source: European Union)
Overview
Role: Europol helps national law enforcement authorities fight serious international crime and terrorism.
Director: Catherine De Bolle
Established in: 1999
Number of staff: 900+
Location: The Hague (Netherlands)
Website: Europol
The European Union Agency for Law Enforcement Cooperation (Europol) is the EU’s law enforcement agency, whose remit is to help make Europe safer by […]
ESMA LAUNCHES A COMMON SUPERVISORY ACTION WITH NCAS ON VALUATION OF UCITS AND OPEN-ENDED AIFS
(Source: ESMA)
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is launching a Common Supervisory Action (CSA) with National Competent Authorities (NCAs) on the valuation of UCITS and open-ended Alternative Investment Funds (AIFs) across the EU.
The CSA aims to assess compliance of supervised entities with the relevant valuation-related provisions in […]
ESMA ISSUES 2021 REPORT ON ACCEPTED MARKET PRACTICES UNDER MAR
(Source: ESMA)
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 […]
ESAS PUBLISH LIST OF FINANCIAL CONGLOMERATES FOR 2021
(Source: ESMA)
The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today the list of identified financial conglomerates for 2021.
The 2021 list includes 66 financial conglomerates with the head of group located in the European Union or European Economic Area, one financial conglomerate with the head […]
Seasonally adjusted government deficit at 4.0% of GDP in the euro area and 3.7% of GDP in the EU
(Source: Eurostat)
In the third quarter of 2021, the seasonally adjusted general government deficit to GDP ratio stood at 4.0% in the euro area and 3.7% in the EU. Significant decreases in the deficits compared to the second quarter of 2021 were observed, but the deficits remained at a high level compared to […]
Government debt down to 97.7% of GDP in euro area
(Source: Eurostat)
At the end of the third quarter of 2021, the government debt to GDP ratio in the euro area stood at 97.7%, compared with 98.3% at the end of the second quarter of 2021. In the EU, the ratio also decreased from 90.9% to 90.1%. Both for the euro area and […]
Annual inflation up to 5.0% in the euro area
(Source: Eurostat)
The euro area annual inflation rate was 5.0% in December 2021, up from 4.9% in November. A year earlier, the rate was -0.3%. European Union annual inflation was 5.3% in December 2021, up from 5.2% in November. A year earlier, the rate was 0.3%. These figures are published by Eurostat, the […]
Call for experts to join EIOPA’s Technical Expert Network on Catastrophe Risks
(Source: EIOPA)
The European Insurance and Occupational Pensions Authority (EIOPA) issued today a call for experts to join its Technical Expert Network on Catastrophe Risk.
The network has been in place since 2019 and is tasked with contributing to EIOPA’s initiatives on the modelling and mitigation of (natural) catastrophe and climate change risks as […]
ESAs publish list of financial conglomerates for 2021
(Source: EIOPA)
The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA –published today the list of identified financial conglomerates for 2021.
The 2021 list includes 66 financial conglomerates with the head of group located in the European Union or European Economic Area, one financial conglomerate with the head of […]
EIOPA publishes report on the application of the Insurance Distribution Directive
(Source: EIOPA)
The European Insurance and Occupational Pensions Authority (EIOPA) published today its first report on the application of the Insurance Distribution Directive (IDD), which regulates how insurance products are designed and distributed in the European Union.
Amongst others, this report examines:
any changes in the insurance intermediaries’ market structure;
any changes in the patterns of […]
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