ESMA seeks stakeholder input on shaping advice on retail investor protection
Provider: View Original Type: Link Title: ESMA seeks stakeholder input on shaping advice on retail investor Description: The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, today publishes a call for evidence on a number of retail investor protection topics under MiFID II. These views will feed into ESMA’s technical advice to the European Commission (EC) on the development of its strategy for retail investment.
Call for evidence on retail investor protection aspects
Provider: View Original Type: Link Title: Call for evidence on retail investor protection aspects Description: This paper is of interest to competent authorities, investors and firms that are subject to Directive 2014/65/EU of the European Parliament and of the Council (MiFID II) and to the Regulation 1286/2014/EU of the European Parliament and of the Council (PRIIPs). ESMA invites comments on all matters in this paper and in particular on the specific questions summarised in Annex 1.
Cross-border cooperation is vital for European recovery
Provider: View Original Type: Link Title: Cross-border cooperation is vital for European recovery Description: During the 11th Annual meeting of the European Grouping of Territorial Cooperation (EGTC) Platform hosted in Innsbruck (Austria) by the Region of Tyrol, the European Committee of the Regions (CoR) celebrated the ten years of the EGTC Euregio Tyrol-South Tyrol-Trentino and welcomed the foundation of the new EGTC Euregio Connect between Austria and Italy. The CoR recently adopted a resolution calling on the European Commission to present a proposal for maintaining cross-border cooperation and life in the event of future crises. The resolution contains multiple proposals to improve cross-border collaboration and calls on the Commission to follow up on already existing legislation and treaties, whose implementation could often still be improved.
Ransomware gang arrested in Ukraine with Europol’s support
Provider: View Original Type: Link Title: Ransomware gang arrested in Ukraine with Europol’s support Description: On 28 September, a coordinated strike between the French National Gendarmerie (Gendarmerie Nationale), the Ukrainian National Police (Національна поліція України) and the United States Federal Bureau of Investigation (FBI), with the coordination of Europol and INTERPOL, has led to the arrest in Ukraine of two prolific ransomware operators known for their extortionate ransom demands (between €5 to €70 million). Results of the action day
Local and regional politicians are the key to sound democracy at all levels
Provider: View Original Type: Link Title: Local and regional politicians are the key to sound democracy at all levels Description: Herman Van Rompuy shares his vision for the Conference on the Future of Europe and points out the main challenges facing it.
Cities and regions underline their role in eradicating homelessness and in building trust in Artificial Intelligence systems
Provider: View Original Type: Link Title: Cities and regions underline their role in eradicating homelessness and in building trust in Artificial Intelligence systems Description: Homelessness is probably the most severe manifestation of social exclusion in Europe. There were at least 700 000 people who slept rough or in shelter accommodation on any given night in 2019, which represents an increase of 70% in 10 years. An opinion adopted by the European Committee of the Regions' SEDEC Commission points out that the multiple causes and facets of this urgent societal problem need to be addressed at all levels of government. At the meeting held on 1 October, SEDEC members also adopted an opinion on the European Commission's Artificial Intelligence (AI) package, which seeks to regulate the deployment of AI and prohibit certain AI practices while largely ignoring the contribution of local and regional authorities.