Latest news from EU institutions and bodies

The European Investment Bank (EIB) will advise five major Croatian cities – Zagreb, Rijeka, Split, Osijek and Varaždin – on expanding social and affordable homes to meet growing demand from residents. Under an advisory agreement with the five cities, the EIB will lend its expertise to them in tackling challenges including a need to increase housing for socially vulnerable and low-income people.  

The Joint Guidelines aim to ensure consistent and effective supervisory practices within the European System of Financial Supervision (ESFS) and facilitate information exchange between supervisors.

European Commission Speech Brussels, 20 Nov 2024 President Cordeiro,Mayors and Representatives of Europe's regions and cities, For 30 years now, you have built Europe. And today, we celebrate not only the achi...

The European Supervisory Authorities (EBA, EIOPA, ESMA – ESAs) publish Joint Guidelines on the system for the exchange of information relevant to fit and proper assessments 20 November 2024 Investor protection Joint Committee To enhance the information exchange between supervisory authorities within the European Union, also across different parts of the financial sector, the ESAs have developed an ESAs F&P Information System. The Joint Guidelines clarify its use and how data can be exchanged. The Joint Guidelines aim to ensure consistent and effective supervisory practices within the European System of Financial Supervision (ESFS) and facilitate information exchange between supervisors.  These Joint Guidelines apply to competent authorities within the ESFS and focus on two main areas:  use of the F&P Information System  information exchange and cooperation between the competent authorities when conducting fitness and propriety assessments.  Background Fitness and propriety assessments of board members, key function holders and owners of qualifying holdings are key to contributing to the safe and sound management of financial institutions and are, therefore, fundamental to ensuring consumer and investor protection and trust in the EU financial sectors. They are a key supervisory tool for conducting ongoing supervision of the authorisation and governance processes of financial institutions and financial market participants.   Further information: Sarah Edwards Senior Communications Officerpress@esma.europa.eu 20/11/2024 JC 2024 88 Final Report on the Joint Guidelines on the system for the exchange of information relevant to fit and proper assessments

The European Investment Bank (EIB) Group is providing Croatian lender Privredna Banka Zagreb (PBZ), part of the Intesa Sanpaolo Group, support of as much as €169 million to expand financing for a range of companies in the country, seeking to bolster business sustainability and competitiveness.

Press briefing ahead of the upcoming Education, Youth, Culture and Sport Council will take place on 22 November 2024 at 15.00.

The Council firmly reiterated its support to the proposed targeted amendment of the EU deforestation regulation, postponing its date of application by 12 months, as the best way forward to ensure legal certainty for all stakeholders.

European Commission Speech Brussels, 20 Nov 2024 Ladies and gentlemen, dear friends, Thank you very much for the invitation to be here with you today, possibly one of my final events after five years as Europe...

The European Investment Bank (EIB) is lending Romanian energy distributor Delgaz Grid €200 million to upgrade the electricity network in the country’s northeastern region of Moldova; the loan amount can be disbursed both in EUR and RON. The EIB credit is part of a €630 investment programme by Delgaz Grid to improve a power system that serves more than 1.5 million households and businesses.