Latest news from EU institutions and bodies

The European Investment Bank (EIB) will provide advisory services to Athens Water Supply and Sewerage Company (EYDAP) in Greece to support the company’s €2 billion, 10-year investment programme to ensure the Greek capital has a more resilient water supply.

European Commission Statement Brussels, 05 Jul 2024 The European Union is deeply concerned about the Israeli army orders to evacuate civilians from the area of Khan Younis. Some 250,000 people are impacted by the...

New MiCA rules increase transparency for retail investors 04 July 2024 Digital Finance and Innovation The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published the second Final Report under the Markets in Crypto-Assets Regulation (MiCA) covering eight draft technical standards that aim to provide more transparency for retail investors, clarity for providers on the technical aspects of disclosure and record-keeping requirements, and data standards to facilitate supervision by National Competent Authorities (NCAs).    The final report published today includes the following draft technical standards:  sustainability indicators for crypto-asset consensus mechanisms;  business continuity measures for crypto-asset service providers (CASPs);  trade transparency;  content and format of orderbooks and record-keeping by CASPs;  machine readability of white papers and the register of white papers; and  public disclosure of inside information.   The draft standards provide market participants with technical requirements to ensure human and machine readability of crypto-asset white papers, as well as templates and formats for CASP order and transaction records. The rules also detail how CASP trading platforms should publish the data required for pre-and post-trade transparency. Once in place, this will ensure that NCAs have access to the information needed for effective supervision of the EU crypto-asset market.    Finally, the report covers public disclosures, helping investors to understand the impact on the climate and the environment of the consensus mechanisms underpinning the crypto-assets they hold, as well as descriptions on how issuers should disclose price-sensitive information to the public to prevent market abuses, such as insider dealing.  Next Steps Once finalised, the draft technical standards will be submitted to the European Commission for adoption. The European Commission shall decide whether to adopt them within 3 months.     Further information: Cristina Bonillo Senior Communications Officerpress@esma.europa.eu 04/07/2024 ESMA12-766636679-320 Study on MiCA Whitepaper Data Formats 04/07/2024 ESMA75-453128700-1229 Final Report MiCA CP2

EIOPA announces the new composition of its stakeholder groups

European Commission Speech Brussels, 04 Jul 2024 Good afternoon, everybody!   Let me first thank Eurogas for inviting me to address you today. I'm sorry I could not be there in person. But I wanted to thank yo...

Europe has recorded the lowest number of highly pathogenic avian influenza (HPAI) cases in poultry and wild birds since 2019/2020 and the risk to the general public remains low. 

An illegal trading scheme in counterfeit and banned pesticides and fertilizers that were potentially dangerous to consumers’ health has been halted by the Romanian and Italian authorities. Eurojust and Europol supported the joint investigation team (JIT). During a series of actions in both countries, evidence of large-scale fraud, forgery and tax evasion was gathered and one suspect was arrested.