Other news - March 2014

Man with hands on his hips facing a map of Europe
Helping to improve services for businesses and consumers


Encouraging national reforms in services markets and making sure companies do not face unjustified barriers when they do business abroad remains a clear priority. That’s why the European Commission has adopted today two working documents and an implementing decision in the area of services and e-signatures.


Set of hanging files ordered alphabetically
New rules on public procurement and concession contracts published


On 28 March, new EU rules on public procurement and concessions were published in the EU Official Journal. The legislative package will enter into force on 17 April. Member States will then have 24 months to implement the provisions into national law.



Small plant growing out of a bunch of euro coins
Commission roadmap to meet the long-term financing needs of the European economy


The European Commission has today adopted a package of measures to channel funds to the real economy, in particular to long-term investment. The package includes a communication on the long-term financing of the economy, a legislative proposal for new rules for occupational pension funds and a communication on crowdfunding.


Flags of the European Union an of Japan
EU-Japan Industrial Dialogue on Railways


The European Commission is organising together with the Japanese Ministry for Land, Infrastructure, Transport and Tourism the first meeting of the EU-Japan Industrial Dialogue on Railways today in Brussels.


Facade of a building on which the word “Bank” is written in large letters
The Commission adopts nine Regulatory Technical Standards (RTSs) to implement the single rule book in banking


The European Commission has adopted a package of Regulatory Technical Standards (RTS) needed to implement important provisions of the Capital Requirements Regulation and Directive (CRR/CRD). The nine RTS adopted today define the ways in which competent authorities and market participants must handle disclosures linked to securitisation instruments, measure potential losses from derivative positions and counterparty failure, as well as specifying the types of instruments that can be used for paying bonuses.


Aligned growing piles of coins and hand adding some more coins to the foreground pile
Commission adopts technical standards for the identification of material risk takers subject to the rules on remuneration in the Capital Requirement Directive (CRD IV)


The European Commission has today adopted Regulatory Technical Standards on criteria to identify categories of staff whose professional activities have a material impact on an institution’s risk profile. These standards supplement the requirements of the Capital Requirements Directive (CRD IV) and will ensure that the CRD rules on remuneration are applied consistently across the EU.


European defence material
Vice President Tajani and Commissioner Barnier co-host a high-level conference on the defence industry and markets in Brussels on 4 March


The changing international economic situation and constantly emerging new security concerns mean that the European defence industry must transform itself to be capable of maintaining the security of the EU in the years to come. In this context, the key objective of this high-level conference on “Setting the agenda for the European defence sector” - which will be opened by European Commission President José Manuel Barroso - is to work with this sector to identify the best ways to implement the actions set out in the recent Commission Communication on defence, in the light of the European Council Conclusions adopted in December 2013.