Other news - June 2013

Braille
Commissioner Barnier welcomes new Treaty ensuring equal access to books for visually impaired and print disabled persons

27/06/2013

The European Commission welcomed today the adoption of the Marrakech Treaty to facilitate access to published works for persons who are blind, visually impaired, or otherwise print disabled by the World Intellectual Property Organisation (WIPO). The adoption follows two weeks of negotiations at a WIPO Diplomatic Conference in Marrakech in which the EU played an active role to facilitate access to protected works by visually impaired persons within the existing international copyright framework.

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E-invoicing in public procurement: another step towards end-to-end e-procurement and e-government in Europe

26/06/2013

The European Commission has today proposed a draft directive on e-invoicing in public procurement, accompanied by a communication setting out its vision for the full digitisation of the public procurement process, so-called “end-to-end e-procurement”.

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Small plant growing out of a bunch of euro coins
New Funds to make long-term investment easier

26/06/2013

The European Commission has today proposed a new investment fund framework designed for investors who want to put money into companies and projects for the long term. These private European Long-Term Investment Funds (ELTIFs) would only invest in businesses that need money to be committed to them for long periods of time.

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Crowdfunding: watch the video!

20/06/2013

What is crowdfunding? And what is its potential for growth in Europe? To fully understand the opportunities and risks of this fast-growing field, the European Commission organized a workshop on the 3rd of June in Brussels. Watch the video produced by the Commission including interviews with Commissioner Barnier and crowdfunding users, platforms and networks.

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Hand stamping a document with a stamp bearing the terms “Rating AAA”
Stricter rules for credit rating agencies to enter into force

18/06/2013

As of 20 June, credit rating agencies (CRAs) will have to follow stricter rules which will make them more accountable for their actions. The new regulatory package, which reinforces the existing rules on credit rating agencies, consists of a Regulation and a Directive.

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Michel Barnier
Commission welcomes EIOPA report on Long-Term Guarantee Assessment for insurance sector

14/06/2013

The European Insurance and Occupational Pensions Authority (EIOPA) has published a report assessing a possible package of measures to facilitate the provision of insurance products with long-term guarantees under the new Solvency II insurance regulatory regime. The Commission considers that the findings of the report can provide a basis for a political agreement on Omnibus II.

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