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EU Law weekly highlights—26 May 2022

Published on: 26 May 2022
Published by: LexisPSL
  • EU Law weekly highlights—26 May 2022
  • In this issue:
  • EU fundamentals
  • European Commission’s May infringements package includes reasoned opinions for Spain (CSMAD) and Portugal (MLD5)
  • Banking and finance
  • EBA publishes RTS on the criteria to identify shadow banking entities for reporting large exposures
  • ECB supervisor warns of supervisory action against incoming UK banks
  • Commercial
  • Better Enforcement and Modernisation Directive enters into force
  • Commission calls for evidence on prohibiting products produced using forced labour
  • More...

Article summary

This week's edition of EU Law weekly highlights includes the publication of the Commission’s May infringement package, confirmation of the imminent enactment of the Better Enforcement and Modernisation Directive, the adoption of draft delegated acts on the regulatory framework for renewable hydrogen, and a proposed update to the Renewable Energy Directive to fast track permitting requirements for renewable energy projects. The Commission has started consultations on the Waste Framework Directive with a focus on food waste and the EU Benchmarks Regulation, MEPs have adopted a proposal to implement a global minimum corporate tax rate, Parliament’s AGRI committee chair has called for a derogation from CAP rules, and the Commission has proposed increased support for farmers in the face of the impact of the Ukraine conflict on food supplies. On the home affairs front, the Commission has published the State of Schengen 2022 report and set European integrated border management as a key policy objective, while the Council has confirmed a broadening of Europol’s mandate. The ECB warned UK banks that they may face supervisory action, and Commissioners have announced the launch of work on EU Global Health Strategy. or take a trial to read the full analysis.

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