Categories: News
Related Articles
Briefing – Understanding delegated and implementing acts – 07-07-2021
Law-making by the executive is a phenomenon that exists not only in the European Union (EU) but also in its Member States, as well as in other Western liberal democracies. Many national legal systems differentiate between delegated legislation − adopted by the executive and having the same legal force as parliamentary legislation − and purely executive acts −aimed at implementing parliamentary legislation, but that may neither supplement nor modify it. In the EU, the distinction between delegated acts and implementing acts was introduced by the Treaty of Lisbon. The distinction, laid down in Articles 290 and 291 of the Treaty on the Functioning of the European Union (TFEU), seems clear only at first sight. Delegated acts are defined as non-legislative acts of general application, adopted by the European Commission on the basis of a delegation contained in a legislative act. They may supplement or amend the basic act, but only as to non-essential aspects of the policy area. In contrast, implementing acts are not defined as to their legal nature, but to their purpose − where uniform conditions for implementing legally binding Union acts are needed. Under no circumstances may an implementing act modify anything in the basic act. Delegated acts differ from implementing acts in particular with regard to the procedural aspects of their adoption − the former after consulting Member States’ experts, but their view is not binding; the latter in the comitology procedure, where experts designated by the Member States, sitting on specialised committees, can object to a draft implementing act. In the case of delegated acts, however, the Parliament and Council can introduce, in the delegation itself, a right to object to a draft act or even to revoke the delegation altogether. Both delegated and implementing acts are subject to judicial review by the Court of Justice of the EU which controls their conformity with the basic act.
Source : © European Union, 2021 – EP
Bulgaria will not have its 10 EU delegated prosecutors in time for launch
The European Public Prosecutor’s Office (EPPO), headed by Laura Coveschi, will start operating on Tuesday without Bulgaria having the required 10 delegated prosecutors mandated to work on major fraud cases related to EU funds at the domestic level. Seven of…
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
Huawei plans logistic hub for Central, SE Europe in Slovenia
Chinese tech company Huawei plans to set up a regional logistic hub in Slovenia for 19 markets of Central and Southeastern Europe, which will necessitate the construction of new warehousing facilities adjacent to the Jože Pučnik Ljubljana Airport. The company…
Slovenia’s coal power plant may shut down earlier than expected
Slovenia aims to phase out coal by 2033 under current plans, but the country’s only remaining coal-fired power plant, in Šoštanj, may be forced by the soaring price of emission coupons to shut down even earlier. “The situation on the…
Responses