Category Archives: Law

Law Press Releases & News distributed via EuropaWire

Tougher credit rating rules confirmed by Parliament’s vote

16-1-2013 — /europawire.eu/ — New rules on when and how credit rating agencies may rate state debts and private firms’ financial health were approved by Parliament on Wednesday. They will allow agencies to issue unsolicited sovereign debt ratings only on set … Read the full press release

Bi-Annual Information on euro banknote counterfeiting in Malta

16-1-2013 — /europawire.eu/ — In the second half of 2012, the number of counterfeit euro banknotes reported to the Central Bank of Malta amounted to 713, or 25% lower than the 951 counterfeits found in the first half of the same … Read the full press release

Fewer restrictions on cod fishing in the Baltic

16-1-2013 — /europawire.eu/ — Certain restrictions on how and where fishermen may fish in EU waters were removed by a vote on Wednesday. Small-scale fishermen will be able to catch Baltic cod in coastal areas during closed-season summer months thanks to … Read the full press release

Statement by Commissioner Michel Barnier following the vote in the European Parliament on new European rules to regulate credit rating agencies

Brussels, 16-1-2013 — /europawire.eu/ — Statement by Commissioner Michel Barnier following the vote in the European Parliament on new European rules to regulate credit rating agencies I congratulate the European Parliament on today’s agreement on additional rules for credit rating agencies (CRAs) … Read the full press release

New rules on credit rating agencies (CRAs) – frequently asked questions

16-1-2013 — /europawire.eu/ — New rules on credit rating agencies (CRAs) – frequently asked questions I. GENERAL CONTEXT AND APPLICABLE LAW 1. What is a credit rating? A credit rating is an opinion issued by a specialised firm on the creditworthiness … Read the full press release

Informal Justice Council: 18 January 2013

Brussels, 16-1-2013 — /europawire.eu/ — European Union Justice ministers will meet in Dublin on 18 January 2013. The Commission will be represented by Vice-President Viviane Reding, the EU’s Justice Commissioner. Main agenda items: Reform of EU data protection rules Cross-border insolvency … Read the full press release

EU must act to combat biopiracy, say MEPs

15-1-2013 — /europawire.eu/ — The EU must combat the “biopiracy” of multinationals that exploit plants with medicinal properties and traditional remedies originating from developing countries but fail to share the profits with indigenous peoples, say MEPs in a resolution adopted by … Read the full press release

Fortum will appeal Swedish STA decision on additional tax for 2010

15-1-2013 — /europawire.eu/ — Fortum has received an income tax assessments of SEK 444 million (EUR 52 million) from the Swedish tax authority, STA, in addition to the SEK 1.7 billion (EUR 178 million) already paid for 2010. The assessments are mainly related to … Read the full press release

FGK Representative Service GmbH withdraws its marketing authorisation application for Memantine FGK (memantine)

15-1-2013 — /europawire.eu/ — The European Medicines Agency has been formally notified by FGK Representative Service GmbH of its decision to withdraw its application for centralised marketing authorisation for the medicine Memantine FGK (memantine), 7 mg, 14 mg, 21 mg and … Read the full press release

EFSA promotes public access to data in transparency initiative

14-1-2013 — /europawire.eu/ — EFSA is today announcing the launch of a major initiative designed to facilitate access to data, enhancing transparency in risk assessment. The programme, to be developed in cooperation with the Authority’s partners and stakeholders, will consider how … Read the full press release

Priorities for EU tax policy

Algirdas Šemeta – Commissioner responsible for Taxation and Customs Union, Audit and Anti-fraud Irish Parliament Committee on Finance / Dublin Dublin, 11-1-2013 — /europawire.eu/ — Mister President, Honourable Members of Parliament, Ladies and Gentlemen, It is a great pleasure to be here today. … Read the full press release

Biannual information on euro banknote counterfeiting

11-1-2013 — /europawire.eu/ — In the second half of 2012 a total of 280,000 counterfeit euro banknotes were withdrawn from circulation. This means that the overall quantity of counterfeits withdrawn from circulation in 2012 was 12.4% lower compared with the figures … Read the full press release

CBI responds to Government probation proposals

10-1-2013 — /europawire.eu/ — The CBI responded to an announcement from the Lord Chancellor and Secretary of State for Justice, Chris Grayling MP, on opening up probation services to competition from the private and voluntary sectors. Jim Bligh, CBI Head of Public Services, … Read the full press release

Ombudsman criticises Commission’s refusal to disclose documents on UK opt-out from Charter of Fundamental Rights

P. Nikiforos Diamandouros – European Ombudsman 10-1-2013 — /europawire.eu/ — The European Ombudsman, P. Nikiforos Diamandouros, has strongly criticised the European Commission’s refusal to give access to documents concerning its view of the UK opt-out from the EU Charter of Fundamental Rights. This follows … Read the full press release

Statement by EU High Representative Catherine Ashton on the execution of Sri Lankan migrant worker Rizana Nafeek in Saudi Arabia

Brussels, 10-1-2013 — /europawire.eu/ — The High Representative of the European Union for Foreign Affairs and Security Policy and Vice President of the Commission issued the following statement yesterday: “I am deeply dismayed by the information that Sri Lankan national Ms Rizana … Read the full press release

European Cybercrime Centre (EC3) opens on 11 January

Brussels, 10-1-2013 — /europawire.eu/ — As from 11 January the new European Cybercrime Centre (EC3) will be up and running to help protect European citizens and businesses from cyber-crime. EU Commissioner for Home Affairs Cecilia Malmström will participate in the official opening of the … Read the full press release

Frequently asked questions: The European Cybercrime Center EC³

Brussels, 9-1-2013 — /europawire.eu/ — What are the objectives? The main task of the European Cybercrime Centre is to disrupt the operations of organised crime networks that commit a large share of the serious and organised cybercrimes. Offences include those generating large … Read the full press release

Commission welcomes European Parliament rapporteurs’ support for strong EU data protection rules

Brussels, 9-1-2013 — /europawire.eu/ — European Parliament rapporteurs today presented two draft reports on the reform of the EU’s data protection rules proposed by the European Commission just a year ago (see IP/12/46 and MEMO/12/41). In their reports, Jan-Philipp Albrecht, rapporteur for the proposed Data Protection … Read the full press release

Statement by Commissioner Michel Barnier on the impact of the latest Basel Committee liquidity developments for Capital Requirements (CRD 4) in the EU

(in the light of the Group of Governors and Heads of Supervision (GHOS) meeting and the Basel Committee on Banking Supervision press release dated 6 January 2013) Brussels, 7-1-2013 — /europawire.eu/ — “I welcome the unanimous agreement reached by the Basel Committee … Read the full press release

Aeroflot and the Federal Tax Service of Russia Signed a Pricing Agreement

4-1-2013 — /europawire.eu/ — On December 27, 2012 Aeroflot and the Federal Tax Service of Russia entered into a pricing agreement in accordance with the recently introduced financial rules. From now on, Aeroflot Group companies will send all the necessary information and documentation to the Federal Tax Service … Read the full press release