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Vučić says he will not recognise Kosovo’s independence
President Aleksandar Vučić said on Saturday that he would not sign any recognition of Kosovo’s independence regardless of pressure, which he said would be huge around mid-July when the dialogue on Kosovo is slated to resume. “The point of running…
More than 600,000 Belgrade residents vaccinated against COVID-19
Belgrade has vaccinated 600,592 people, or 43% of the population, against COVID-19, Deputy Mayor Goran Vesić said on Friday. “We have the best results in the 65 to 74 population, 72.52% of whom have been vaccinated,” Vesić said, adding that…
EU report: Final Kosovo-Serbia Agreement following Slovenian Council presidency
Kosovo media published Saturday an official report of the Council of the EU which states that “following the Slovenian presidency of the Council of the European Union there is a good time to frame the potential legally binding agreement on…
Briefing – Replacement benchmarks for financial benchmarks in cessation – 01-07-2021
The pricing of many financial instruments and contracts depends on the accuracy and integrity of (financial) benchmarks, i.e. indices, by reference to which the amounts payable under such financial instruments or contracts, or the value of certain financial instruments, are determined. The anticipated discontinuation of such a benchmark (LIBOR) after the end of 2021 has created fears that it could lead to disruption in the internal market, given that the Benchmarks Regulation ((EU) 2016/1011) does not provide for mechanisms to organise the orderly discontinuation of systemically important benchmarks in the EU. That is why the Commission has proposed to amend the said regulation. The co-legislators significantly amended the Commission’s proposal. Their amendments deal, among other things, with the replacement of a benchmark by EU, or by national law, set additional obligations for supervised entities using a benchmark, regulate the Commission’s powers to adopt delegated acts and establish additional obligations for the Commission with regards to its proposed consultation. The European Parliament adopted the compromise agreement in plenary on 19 January 2021. On 2 February 2021, the Council adopted the act. The final act was published in the Official Journal of the EU on 12 February 2021. Second edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure.
Source : © European Union, 2021 – EP
Highlights – Financial services cooperation with the Biden Administration: hearing – Committee on Economic and Monetary Affairs
ECON – Financial services cooperation with the Biden Administration: hearing – 13.07.21 – NEW
The Committee on Economic and Monetary Affairs will hold a public hearing with experts in order to acquire insight on recent developments in the US in the field of banking and financial services, on 13 July. The hearing will also touch upon the prospects for future cooperation in this field, including in the context of international institutions and fora.
The Committee on Economic and Monetary Affairs will hold a public hearing with experts in order to acquire insight on recent developments in the US in the field of banking and financial services, on 13 July. The hearing will also touch upon the prospects for future cooperation in this field, including in the context of international institutions and fora.
ECON Webpage
Meeting agenda and documents
Live streaming
EU Fact Sheets: Economic and monetary union, taxation and competition policies
Hearing programme and background information
Meeting agenda and documents
Live streaming
EU Fact Sheets: Economic and monetary union, taxation and competition policies
Hearing programme and background information
Source : © European Union, 2021 – EP
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