Chapter News


EMIR RTS on Various Amendments to the Bilateral Margin Requirements and Joint Statement on the Introduction of Fall-backs in View of the International Framework

Thursday, December 5th, 2019

The European Supervisory Authorities (ESAs) published today joint draft Regulatory Technical Standards (RTS) to amend the Delegated Regulation on the risk mitigation techniques for non-cleared OTC derivatives (bilateral margining) as well as a joint statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. BothRTS and the statement were developed to […]

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The Working Methods of the von der Leyen Commission: Striving for More at Home and in the World

Wednesday, December 4th, 2019

Today the von der Leyen Commission revealed its working methods which will be the basis for the new College to deliver on the President’s Agenda for Europe during the next five years. They put collegiality, transparency and efficiency first. The Working Methods introduce a number of novelties to the way the Commission works, notably with regards to […]

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Josep Borrell assumes the post of EU High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission

Tuesday, December 3rd, 2019

On 1 December, Josep Borrell assumed the post of EU High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission. Josep Borrell, former Foreign Minister of Spain, assumed the post as High Representative of the Union for Foreign Affairs and Security Policy, and Vice-President of the European Commission, headed by new […]

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Approval of the European Commission 2019-2024

Monday, December 2nd, 2019

The von der Leyen team voted into office by the European Parliament On 27 November during the plenary session in Strasbourg, a large majority of members of the European Parliament voted in favour of the von der Leyen Commission. Ahead of the vote, the President-elect presented her team of Commissioners to the European Parliament. She […]

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Report on the Results of the Survey on the Access to Finance of Enterprises in the Euro Area – April to September 2019

Monday, December 2nd, 2019

For the period from April to September 2019 the net percentage of euro area small and medium-sized enterprises’ (SMEs) turnover remained broadly stable at robust levels (20%, down from 21% for the previous period). For the first time since mid-2016, euro area SMEs reported a deterioration in profits in net terms (-1%, down from 0%), […]

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Scaling up Ambition: The EU Bank Presents New Policies and Targets at #COP25

Monday, December 2nd, 2019

At the COP 25 United Nations Climate Change Conference in Madrid, the European Investment Bank (EIB), the EU bank, will be discussing how its new climate action roadmap and recent decision to phase out support for unabated fossil fuel energy projects can support European Union leadership on international climate action. The EIB delegation will engage […]

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Euro Area Financial Stability Environment Remains Challenging

Tuesday, November 26th, 2019

Downside risks to global and euro area economic growth have increased and continue to create financial stability challenges, according to the November 2019 Financial Stability Review (FSR) of the European Central Bank (ECB). Low interest rates should support economic activity in the euro area, but may also encourage excessive risk-taking by some non-bank financial institutions and […]

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Commerce Department Official Highlights Ways to Expand the U.S.-German Economic Relationship

Monday, November 25th, 2019

Ian Steff, Deputy Assistant Secretary for Manufacturing, Performing the non-exclusive functions and duties of the Assistant Secretary of Global Markets and Director General of the United States and Foreign Commercial Service, recently led the U.S. delegation to Berlin, Germany for the U.S.-Germany Informal Commercial Exchange (ICE). The talks were held with senior German officials to […]

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Commission Publishes Proposal for Agreement on Conformity Assessment with United States

Monday, November 25th, 2019

The European Commission published today its proposal for an EU-US agreement on conformity assessment for industrial products, in line with its commitment to enhanced transparency in trade negotiations. A product exported between the two sides often has to undergo an assessment to demonstrate that it complies with the technical and safety requirements of the importing […]

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European Parliament Gives Green Light to New College of Commissioners

Friday, November 22nd, 2019

The European Parliament will vote on Ursula von der Leyen’s college of Commissioners next Wednesday 27 November, paving the way for the new Commission to start work on 1 December. The vote will take place during the Plenary session in Strasbourg, following the approval by the Council of the list of 27 Commissioners on Friday […]

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