Latest news from EU institutions and bodies

ESMA publishes its follow-up report to the Fast Track Peer Review on Wirecard 18 July 2024 Issuer disclosure Supervisory convergence The European Securities and Markets Authority (ESMA), EU’s financial markets regulator and supervisor, published today its Follow-up Report to the Wirecard Fast Track Peer Review assessing the progress made with respect to the recommendations formulated in 2020. This report follows up on the implementation of the recommendations made in the previous Wirecard Fast Track Peer Review Report. Among the key findings, ESMA highlights the following: Germany’s supervisory system in financial reporting was substantially revised and strengthened, discontinuing the 2-tier system and entrusting all supervision to the German Federal Financial Supervisory Authority (BaFin); BaFin’s independence from issuers and government improved with the set-up of a framework for managing conflicts of interests applicable to all staff and principles of cooperation formalised between BaFin and the Government; the selection model and examination procedure are improved,  the investigative powers, cooperation and exchange of information are expanded; BaFin now fully complies with the Guidelines on Enforcement of Financial Information (GLEFI). ESMA had previously carried out a Peer Review under the ESMA Regulation and Peer Review Methodology, in the form of a Fast Track procedure and focusing on only one jurisdiction and one issuer.   Further information: Sarah Edwards Senior Communications Officerpress@esma.europa.eu   Cristina Bonillo Senior Communications Officerpress@esma.europa.eu 18/07/2024 ESMA42-2004696504-7690 Follow-up Report to the fast-track peer review on the application of the guidelines on the enforcement of financial information by BaFin and FREP in the context of Wirecard

Statement by the High Representative on behalf of the European Union on the alignment of certain third countries with Council Decision (CFSP) 2024/1843 of 28 June 2024 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.

Statement by the High Representative on behalf of the European Union on the alignment of certain third countries with Council Decision (CFSP) 2024/1837 of 28 June 2024 amending Decision (CFSP) 2024/385 establishing restrictive measures against those who support, facilitate or enable violent actions by Hamas and the Palestinian Islamic Jihad.

Statement by the High Representative on behalf of the European Union on the alignment of certain third countries with Council Decision (CFSP) 2024/1784 of 24 June 2024 amending Decision (CFSP) 2023/2135 concerning restrictive measures in view of activities undermining the stability and political transition of Sudan.

The European Investment Bank Group (EIB Group) has gathered, for the first time, more than 300 experts, policymakers and representatives from EU institutions, municipalities and national ministries to scale up financial support to increase the supply of affordable and sustainable housing across Europe. The event coincides with European Commission President Ursula von der Leyen’s announcement about the launch of the first ever pan-European investment platform for affordable and sustainable housing, in partnership with the EIB Group.

Following her re-election as President of the European Commission, Ursula von der Leyen will hold a press briefing NOW with EP President Roberta Metsola Source : © European Union, 2024 - EP