Check out our timeline for an overview of how the EU and the European Parliament continue to support Ukraine in 2023. Source : © European Union, 2023 - EP

In a plenary discussion with the Swedish Presidency and President von der Leyen, MEPs presented their views on how to deal with the migratory challenges facing Europe.Committee on Civil Liberties, Justice and Home Affairs Source : © European Union, 2023 - EP

European Commission Statement Brussels, 01 Feb 2023 With the Green Deal Industrial Plan announced today, the Commission presents a blueprint to ensure that our climate neutrality ambitions translate into competit...

Today, Members of the European Parliament (MEPs) from the Civil Liberties Committee (LIBE) adopted a report creating the European Union Drugs Agency and endowing it with new competences.

President Metsola opened the 1-2 February plenary session in Brussels. Source : © European Union, 2023 - EP

Newsletter Digest - Episode 2 julia Wed, 02/01/2023 - 14:33 Wed, 02/01/2023 - 12:00 Have a listen to Episode 2 of the Newsletter Digest! This new podcast series aims to bring you closer to some of the work we do to shape a safer digital future, in just under 10 minutes. Our main topics of this month include: personal data breaches, consultations and complaints, and more. 0

European Commission Speech Brussels, 01 Feb 2023 Today, we launch two initiatives. First, a communication on our Green Deal Industrial Plan for the Net Zero Age. The Plan will set a path for Europe to become c...

ESMA reviews the scope of clearing and derivatives trading obligations Dan.Nacu-Manol… 01 February 2023 Post Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its final report on the clearing (CO) and derivative trading (DTO) obligations to accompany the benchmark transition. The report sets out proposed draft Regulatory Technical Standards (RTS) amending the scope of the CO and DTO for over-the-counter (OTC) interest rate derivatives (IRD) denominated in EUR, GBP, JPY, and USD. The report is part of the transition away from EONIA and LIBOR and onto alternative benchmarks, primarily Risk-Free Rates such as €STR, SOFR, SONIA and TONA. ESMA’s proposed amendments aim to ensure a smooth benchmark transition while maintaining an effective scope for these obligations, in line with the G20 objectives. The proposals include: for the CO – introduce the TONA OIS (with maturities up to 30 years) class and extend the SOFR OIS class (up to 50 years); and for the DTO – introduce certain €STR OIS classes. In preparing the report, ESMA worked closely with authorities from third country jurisdictions who are currently also revising their respective CO and DTO, to facilitate international convergence as far as possible. ESMA had already submitted to the European Commission a first set of draft RTS amending the scope of the CO and of the DTO in November 2021, which have since then entered into force. Next steps The draft RTS have been submitted to the European Commission for endorsement.

News The European Union Agency for Asylum (EUAA) has published the results of a foresight project which looks at what international protection challenges could look like in 2032, based on several scenarios. While not predictions, the results aim to support policymakers with their strategic planning and come as lawmakers aim to agree on reforms to the Common European Asylum System by February 2024.