EU: Single market – tackling unjustified territorial supply constraints Territorial supply constraints are limitations imposed by certain large manufacturers that make it very difficult or impossible for retailers to buy products in one EU country and resell them in another. They fragment the single market, limit consumer choice and contribute to significant price differences across the EU for...
EU: Suspension of the derivatives trading obligation under MiFIR for specific banks Article 32a of Regulation (EU) No 600/2014 (MiFIR) empowers the Commission to suspend the derivative trading obligation for specific financial counterparties through an implementing act, following a request from a Member State’s competent authority and subject to certain conditions. In this case,...
EU: Evaluation of the legislation on Intellectual Property Rights The European Commission intends to carry out a comprehensive evaluation of how Regulation (EU) No 608/2013 on customs enforcement of intellectual property rights (IPR) has been implemented. This assessment will examine whether the Regulation has achieved its objectives and whether the current measures remain appropriate and effective. The Commission’s Europe...
EU: EU Taxonomy – Review of Climate and Environmental Delegated Acts The EU Commission is conducting a public consultation about the review of the EU taxonomy environmental delegated act to update and simplify the technical screening criteria. The EU Taxonomy is a classification system that sets out criteria for identifying environmentally sustainable economic activities, helping to...
EU: Defence Omnibus Simplification Proposal – Permit-granting The EU Commission has published a proposal for a regulation on the acceleration of permit-granting for defence readiness projects. Russia’s invasion of Ukraine has highlighted the urgent need to strengthen the EU-wide market for defence products so that Member States can better prepare for evolving security threats....
EU: Call for evidence – Simplification of administrative burdens in environmental legislation In line with the Commission’s commitment to reducing administrative burdens for European companies and public authorities, this initiative seeks to simplify and streamline environmental administrative requirements, particularly in the areas of waste, products, and industrial emissions. The initiative aims to reduce administrative burdens while maintaining the...
EU: AI Act – detailed arrangements on evaluations and proceedings The EU Commission has published a new draft delegated regulation for the AI Act. Article 92(1) of Regulation (EU) 2024/1689 authorises the Commission to evaluate general-purpose artificial intelligence (“AI”) models. Under Article 92(2), the Commission may appoint independent experts to conduct such evaluations on...
EU: Listing Act, MiFID – rules on payment for research and execution services The EU Commission has published the The Listing Act, that: facilitates the listing of companies on EU capital markets promotes the provision of investment research (particularly on SMEs) by allowing investment firms to pay for research and execution services either jointly or separately...
EU: Digital Networks Act The EU is calling for evidence for a proposed Digital Networks Act. The initiative aims at improving access to secure, fast, and reliable connectivity for the transition towards cloud-based infrastructure and Artificial Intelligence. To this end, it aims to help boost secure high-speed broadband, both fixed and wireless, and incentivise...
EU: EU defence industry – programme for agile defence innovation (AGILE) The European Commission has launched a public consultation on a new defence initiative aimed at strengthening innovation in the European defence sector. The initiative proposes the creation of a new instrument, called AGILE, designed to support defence innovation by accelerating the development and...
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