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PRACTICE NOTES
Key information Birds Directive Title Directive 2009/147/EC of the European Parliament and of the Council of 30 November 2009 on the conservation of wild birds (codified version) (Birds Directive) Entry into force 15 February 2010 Transposition deadline N/A. This Directive replaced the first Birds Directive 79/409/EEC by codifying all the amendments made to it through the years and these amendments had their own transposition deadlines National transposition measures See Eur-Lex information on national transposition measures, as provided by Member States Repeals Birds Directive 79/409/EEC Amendments —Council Directive 2013/17/EU of 13 May 2013 adapting certain directives in the field of environment, by reason of the accession of the Republic of Croatia—Regulation (EU) 2019/1010 of the European Parliament and of the Council of 5 June 2019 on the alignment of reporting obligations in the field of legislation related to the environment Subject Wild birds, conservation, protection of species and habitats Background and objectives Europe is home to around 500 bird species. However, over a third are
PRACTICE NOTES
Background and key developments Regulation (EC) 1272/2008 (the EU Classification, Labelling and Packaging (CLP) Regulation) implements the United Nations’ Globally Harmonised System on the classification and labelling of chemicals (UN GHS) in the EU. The main objectives of the EU CLP Regulation are to: • identify which properties of substances and mixtures should lead to a classification as hazardous, and • ensure that an adequate communication of the identification is made to the customers The EU CLP Regulation entered into force on 20 January 2009 (subject to various transition periods up to 2015) and it is directly applicable to suppliers who manufacture, import, use or distribute chemical substances and mixtures. This Practice Note covers the classification system under the EU CLP Regulation. For more information on other aspects of the EU CLP regime, please see Practice Notes: • EU classification, labelling and packaging of substances and mixtures (CLP): Regulation (EC) 1272/2008—snapshot • EU CLP—chemicals labelling • EU CLP—chemicals packaging • EU CLP—notifications to the classifications and labelling inventory EU Chemicals Strategy for Sustainability
PRACTICE NOTES
Background and key developments Regulation (EC) 1272/2008 (the EU Classification, Labelling and Packaging (CLP) Regulation) implements the United Nations’ Globally Harmonised System on the classification and labelling of chemicals (UN GHS) in the EU. The main objectives of the EU CLP Regulation are to: • identify which properties of substances and mixtures should lead to a classification as hazardous, and • ensure that an adequate communication of the identification is made to the customers The EU CLP Regulation entered into force on 20 January 2009 (subject to various transition periods up to 2015) and it is directly applicable to suppliers who manufacture, import, use or distribute chemical substances and mixtures. This Practice Note covers the labelling rules under the EU CLP Regulation. For more information on other aspects of the EU CLP regime, please see Practice Notes: • EU classification, labelling and packaging of substances and mixtures (CLP): Regulation (EC) 1272/2008—snapshot • EU CLP—chemicals classification • EU CLP—chemicals packaging • EU CLP—notifications to the classifications and labelling inventory EU Chemicals Strategy for Sustainability
PRACTICE NOTES
Background and key developments Regulation (EC) 1272/2008 (the EU Classification, Labelling and Packaging (CLP) Regulation) implements the United Nations’ Globally Harmonised System on the classification and labelling of chemicals (UN GHS) in the EU. The main objectives of the EU CLP Regulation are to: • identify which properties of substances and mixtures should lead to a classification as hazardous, and • ensure that an adequate communication of the identification is made to the customers The EU CLP Regulation entered into force on 20 January 2009 (subject to various transition periods up to 2015) and it is directly applicable to suppliers who manufacture, import, use or distribute chemical substances and mixtures. This Practice Note covers the packaging rules under the EU CLP Regulation. For more information on other aspects of the EU CLP regime, please see Practice Notes: • EU classification, labelling and packaging of substances and mixtures (CLP): Regulation (EC) 1272/2008—snapshot • EU CLP—chemicals classification • EU CLP—chemicals labelling • EU CLP—notifications to the classifications and labelling inventory EU Chemicals Strategy for Sustainability
PRACTICE NOTES
Background and key developments Regulation (EC) 1272/2008 (the EU Classification, Labelling and Packaging (CLP) Regulation) implements the United Nations’ Globally Harmonised System on the classification and labelling of chemicals (UN GHS) in the EU. The main objectives of the EU CLP Regulation are to: • identify which properties of substances and mixtures should lead to a classification as hazardous, and • ensure that an adequate communication of the identification is made to the customers The EU CLP Regulation entered into force on 20 January 2009 (subject to various transition periods up to 2015) and it is directly applicable to suppliers who manufacture, import, use or distribute chemical substances and mixtures. This Practice Note covers the rules governing notification under the EU CLP Regulation. For more information on other aspects of the EU CLP regime, please see Practice Notes: • EU classification, labelling and packaging of substances and mixtures (CLP): Regulation (EC) 1272/2008—snapshot • EU CLP—chemicals classification • EU CLP—chemicals labelling • EU CLP—chemicals packaging EU Chemicals Strategy for Sustainability
PRACTICE NOTES
This Practice Note introduces key concepts in the EU’s package of prudential measures, the Capital Requirements Directive IV (Directive 2013/36/EU) (CRD IV) and the Capital Requirements Regulation (EU) 575/2013 (EU CRR) (also known collectively as the CRD IV package or CRD IV), which implemented the majority of the global capital adequacy framework, Basel III, in the EU. For high-level information on the Basel Accords, including Basel III, see Practice Note: Introduction to the Basel Framework—Basel III and Basel 3.1. Background to CRD IV and EU CRR Basel III is a global package of reforms which set out international standards of capital adequacy following the 2008 financial crisis. The G20 Declaration (the Declaration of 2 April 2009 on 'Strengthening the Financial System') called for internationally consistent efforts aimed at strengthening transparency, accountability and regulation by improving the quantity and quality of capital in the banking system. The declaration also called for the introduction of a supplementary non-risk based measure to contain the build-up of leverage in the banking system and the development of a framework for stronger
GLOSSARY
Directive 2014/26/EU of the European Parliament and of the Council of 26 February 2014 on collective management of copyright and related rights and multi-territorial licensing of rights in musical works for online use in the internal market (the EU CRM Directive) was announced in 2012 and Member States were required to transpose the EU CRM Directive into their national laws by 10 April 2016. The aim of the EU CRM Directive was to simplify the licensing process across the EU by: • increasing transparency and efficiency in the functioning of all EU copyright CMOs, ensuring that rights holders have more say in the decision-making process and receive accurate and timely royalty payments • facilitating the multi-territorial licensing of online music • creating dynamic cross-border licensing structures to encourage further provision and take up of legitimate online music services
NEWS
The European Commission has adopted an Implementing Regulation (EU) amending the implementing technical standards (ITS) laid down in Commission Implementing Regulation (EU) 2016/1799 as regards the mapping tables specifying the correspondence between the credit risk assessments of external credit assessment institutions (ECAIs) and the credit quality steps set out in the Capital Requirements Regulation (EU) 575/2013 (EU CRR).
NEWS
The European Banking Authority (EBA) has launched a consultation on proposed amendments to the regulatory technical standards (RTS) on own funds and eligible liabilities under the Capital Requirements Regulation (Regulation (EU) 575/2013) (CRR), aiming to shorten the timeframe for processing applications to reduce such instruments from four to three months. The EBA notes that it initially extended the period in 2021 to accommodate more complex assessments by competent and resolution authorities, but following a monitoring exercise, it considers that sufficient experience has now been gained to support a shorter timeframe. The proposal also includes removing the simplified procedure for the reduction of the minimum requirement for own funds and eligible liabilities (MREL) instruments for liquidation entities, in line with recent amendments to the CRR. Responses are sought by 9 October 2025, with a virtual public hearing scheduled for 2 September 2025.
NEWS
As part of the first phase of the European Banking Authority (EBA) roadmap for implementing the EU Banking Package, the EBA is consulting on amendments to the Implementing Regulation on the joint decision process for internal model authorisation under the Capital Requirements Regulation (CRR). The revised implementing technical standards (ITS) incorporate changes to the EU legal framework, including the reduced scope of application for internal models under CRR III and the updated framework on the general functioning of supervisory colleges. Responses are sought by 16 October 2024.
NEWS
The European Banking Authority (EBA) has launched a consultation on proposed amendments to its Guidelines on the application of the definition of default of the Capital Requirements Regulation (EU) No 575/2013 (EU CRR). The amendments follow the EBA’s mandate under Article 178(7) of the EU CRR, as revised by Regulation (EU) 2024/1623, and aim to ensure institutions retain sufficient flexibility while maintaining robust risk management standards. Responses are sought by 15 October 2025, with a public hearing scheduled for 3 September 2025 (registration deadline: 29 August 2025).
NEWS
The European Banking Authority (EBA) has launched a consultation on draft guidelines on ancillary services undertakings (ASUs). The draft guidelines aim to set out clear, simple and consistent criteria for the identification of activities referred to in Article 4(1)(18) of the Capital Requirements Regulation (EU) 575/2013 (EU CRR). These include activities considered a ‘direct extension of banking’ and those considered ‘ancillary to banking’ as well as a process for identifying similar activities. The consultation aims to support the consistent and effective application of the prudential framework, particularly in relation to the scope of prudential consolidation for banking groups. Responses are sought by 7 October 2025, and a virtual public hearing is scheduled for 2 September 2025.