EIB Global, the arm of the European Investment Bank (EIB) devoted to activities outside the European Union, has unlocked €76 million to further support the modernisation of Serbia’s education and sustainable transport infrastructure. This includes a €40 million loan to build, renovate and equip educational facilities across the country. Most of the investments will be made in regional training centres that offer upper secondary vocational training and education. These infrastructure improvements will provide modern learning conditions and improve the quality of education, while also increasing productivity and employability in the country.

Infringement of intellectual property rights (IPR) is a major risk for the profitability and survival of small and medium-sized businesses (SMEs), according to a joint report by the EUIPO, through the European Observatory on Infringements of Intellectual Property Rights and the Organisation for Economic Co-operation and Development (OECD). The report ‘Risks of Illicit Trade in Counterfeits to Small and Medium-Sized Firms’, released on Tuesday 31 January also shows that SMEs whose intellectual property is violated are 34 % less likely to survive after 5 years.

New Q&As available iris.hude@esma… 03 February 2023 Fund Management Innovation and Digital Prospectus Trading The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today updated its Questions and Answers on the following topics: DLT Pilot Regulation Prospectus Regulation application of the UCITS Directive 03/02/2023 ESMA70-460-189 Q&As DLT Pilot Regulation 03/02/2023 ESMA31-62-1258 Q&As on the Prospectus Regulation 03/02/2023 ESMA34-43-392 Q&A on the application of the UCITS Directive

On 3 February 2023, EMA, the Heads of Medicines Agencies (HMA) and the European Commission (EC) are launching a public consultation on the establishment...

EIOPA publishes monthly technical information for Solvency II Relevant Risk Free Interest Rate Term Structures – end-January 2023 ​Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk-free interest rate term structures (RFR) with reference to the end of January 2023. This month, RFR technical information has been calculated based on changes reflected in...

Monthly update of the symmetric adjustment of the equity capital charge for Solvency II – end-January 2023 ​The European Insurance and Occupational Pensions Authority (EIOPA) has published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end of January 2023. Click here to view the documentation. Legal Background The symmetric...

Working group on euro risk-free rates iris.hude@esma… 03 February 2023 Image /benchmark-providers/working-group-euro-risk-free-rates

At its January 2023 meeting, EMA’s Committee on Herbal Medicinal Products (HMPC) re-elected Emiel Van Galen from the Botanicals and Novel Foods at the...

EIOPA aims to strengthen oversight of third country governance arrangements with supervisory statement The European Insurance and Occupational Pensions Authority (EIOPA) has published today a Supervisory Statement to strengthen the supervision and monitoring of insurance undertakings’ and intermediaries’ activities when using governance arrangements in third countries. EIOPA has previously...