Lex signing: - in presence of Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Minister of State for European Affairs

Type: News   Reference: 93832   Duration: 00:04:51  Lieu: Strasbourg, France - European Parliament
End production: 21/05/2013   First transmission: 21/05/2013
Regulation 1: Two regulations strengthening the "European Semester" economic coordination process and enable the Commission to get a clearer view of how Eurozone countries are working to meet the fiscal targets set by the EU Stability and Growth pact. They lay down clearer procedures for dealing with countries that are in severe difficulties or are receiving an EU bailout. Regulation 2: The regulation aims at reducing the risk of over-reliance on credit ratings by financial market participants, including undertakings for collective investment in transferable securities (UCITS) and alternative investment funds (AIFs), by amending the Directive on UCITS and the Directive on managers of AIFs as regards the risk management process. Regulation 3: The regulation aims at enhancing the integrity, transparency, responsibility, good governance and independence of credit rating activities. Credit institutions and such may use credit ratings for regulatory purposes only if they are issued by credit rating agencies established in the Union and registered in accordance with this Regulation. Regulation 4: The regulation aims at revising the European System of Integrated Economic Accounts` (ESA), both concerning the methodology on common standards, definitions, classifications and accounting rules, and the programme for transmitting for Union purposes accounts and tables compiled according to this Methodology. Regulation 5: The directive on alternative dispute resolution for consumer disputes (ADR) and the regulation on online dispute resolution (ODR) aim at ensuring that disputes between consumers and traders can be submitted to entities offering impartial, transparent, effective and fair solutions. Whereas the ADR directive will ensure that quality out-of-court entities exist to deal with any contractual dispute between a consumer and a business, the ODR regulation will establish a European electronic platform offering a single point of entry to those who seek to resolve a dispute which has arisen from a cross-border e-commerce transaction. Regulation 6: This regulation revises the monitoring mechanism for monitoring and reporting of greenhouse gas emissions set in place by Decision 280/2004/EC in order to respect the commitments and obligations under current and future international climate change agreements. The Parliament inter alia achieved to maintain a reference to the reductions which according to the IPCC are necessary by developed countries as a group (80 to 95 % by 2050 compared to 1990 levels in a cost-effective manner). Regulation 7: The regulation on the European Network and Information Security Agency (ENISA) aims at modernising the agency established in 2004, so that it will become a key player in the fight against cybercrime and privacy protection. ENISA will help the Commission with policy development and facilitate cooperation among member states, assist the EU in efforts to collect, analyse and disseminate network and information security data while promoting the use of risk management and security good practices and standards. Regulation 8: This regulation removes certain ACP countries from the list of countries which were granted duty-free, quota-free access to the EU market under certain conditions. These countries were offered such access in anticipation of the steps towards ratification of an Economic Partnership Agreement (EPA).

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TIME DESCRIPTION DURATION
00:00:00 Title 00:00:05
00:00:05 Exterior view of the EP Strasbourg 00:00:05
00:00:10 Arrival of Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency 00:00:10
00:00:20 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Regulation on the strengthening of economic and budgetary surveillance of Member States experiencing or threatened with serious difficulties with respect to their financial stability in the euro area, in the presence of rapporteurs, Jean-Paul Gauzès(EPP,FR), Elisa Ferreira (S&D, PT) and the ECON chair, Sharon Bowles (ALDE, UK) 00:00:46
00:01:06 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Directive on the coordination of laws, regulations and administrative provisions relating to undertakings of collective investment in transferable securities (UCITS) and Directive 2011/61/EU on Alternative Investment Funds Managers in respect of the excessive reliance on credit ratings and Regulation amending Regulation (EC) No 1060/2009 on credit rating agencies: in the presence of Leonardo Domenici (S&D, IT) rapporteur and the ECON chair Sharon Bowles (ALDE, UK) 00:00:38
00:01:44 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Regulation on the European system of national and regional accounts in the European Union (Text with EEA relevance): rapporteur and the ECON chair, Sharon Bowles (ALDE, UK) 00:00:24
00:02:08 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Regulation on online dispute resolution for consumer disputes (Regulation on consumer ODR): rapporteur Ms Róża Gräfin von Thun und Hohenstein (EPP, PL) and the IMCO chair Malcom Harbour (ECR, UK) 00:00:39
00:02:47 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Regulation on a mechanism for monitoring and reporting greenhouse gas emissions and for reporting other information at national and Union level relevant to climate change, in the presence of rapporteurs Mr Bas Eickhout (Greens, NL) , Kriton Arsenis (S&D, EL) and the ENVI chair Matthias Groote (S&D, DE). 00:00:41
00:03:28 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Regulation concerning the European Network and Information Security Agency (ENISA) : rapporteur Giles Chichester ( ECR, UK) 00:00:24
00:03:52 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing the Regulation amending Annex I to Council Regulation (EC) No 1528/2007 as regards the exclusion of a number of countries from the list of regions or states which have concluded negotiations, in the presence of David Martin (S&D, UK) and the INTA chair Vital Moreira (SD, PT) 00:00:31
00:04:23 Martin SCHULZ, EP President and Lucinda CREIGHTON, Irish Presidency signing 00:00:28
00:04:51 END 00:00:00
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