Directive 2014/59 - Framework for the recovery and ... This Directive takes into account and is consistent with the current requirements under the CRD, Directive 2014/65/EU7 (MiFID II), Directive 2009/110/EC8 (Electronic Money Directive; EMD), the PSD2 and Directive 2014/59/EU9 (Bank Recovery and Resolution Directive; BRRD) and the respective delegated regulations adopted by the European Commission Changes Arising from the new EU Regulation No. 536/2014 ... along with a brief summary of . Directive 2004/39/EC was intended to replace Directive 93/22/EEC, which was adopted in 1993. Directive 2014/65/EU - Wikipedia Summary ATEX Directive 2014/34/EU. Directive 2014/17/EU and Directive 2014/59/EU Current legislation The Capital Requirements Directives ( CRD ) for the financial services industry have introduced a supervisory framework in the European Union which reflects the Basel II and Basel III rules on capital measurement and capital standards. Directive 2014/59/EU - Bank Recovery and Resolution Directive (BRRD) Recitals; Title I Scope, definitions and authorities (arts. The Directive applies to the following measuring instruments. Directive 2014/59/EU {COM(2021) 663 final} - {SEC(2021) 380 final} - {SWD(2021) 320 final} Executive Summary Sheet Impact assessment on a proposal amending Regulation (EU) 575/2013 and Directive 2013/36/EU A. 1. PDF An Overview of the EU Low Voltage Directive While the original law did succeed in lowering prices and expanding choices for investors, weaknesses in ISD's structure became apparent during the financial . 1/23/2020 1:38:59 PM . OJ of the EU. (EBA). Those requirements are to be used by resolution authorities to set the minimum requirement for own funds and eligible liabilities (MREL) referred to in Article 45(1) of that Directive. Bank Recovery and Resolution Directive (Directive 2014/59/EU of the European . This test takes place in a semi anechoic chamber. PDF onsultation Paper This Directive sets out minimum requirements for the building-up of alternative fuels infrastructure, including . Having regard to the Treaty on the Functioning of the European Union, Having regard to Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, EUR-Lex - 32014L0059 - EN - EUR-Lex Council configuration Meeting Date Economic and Financial . ( Relevant EU-Directives ) Document code: 3ADW000484R0201 . Low Voltage Directive (2014/35/EU) - Your Definitive Guide -Banking Union: the BRRD and SRM pillar Notes: * Directive ... This Directive establishes a common framework of measures for the deployment of alternative fuels infrastructure in the EU in order to minimise dependence on oil and to mitigate the environmental impact of transport. In 2015, Law 4335/2015 transposed Directive 2014/59/EU (Bank Recovery and Resolution Directive - BRRD) establishing a framework for the resolution of credit institutions in the European Union. 4. The new regulation, Directive 2014/95/EU, was introduced in 2014 and requires certain European companies to include annual nonfinancial statements on sustainability and diversity either as a part of their management report or as a separate document. The new EIA Directive (2014/52/EU) amends the preceding EIA Directive (2011/92/EU) on the assessment of the effects of certain public and private projects on the environment. BRRD II - Directive 2019/879 amending Directive 2014/59 (BRRD) As result of the financial crisis, the EU carried out a significant reform of the regulatory framework for financial services to increase the resilience of financial institutions. European Union, United Kingdom July 1 2014. (2) According to Article 45e(1) of Directive 2014/59/EU, resolution entities are to comply with MREL on a consolidated This consultation seeks views on the proposed measures to implement the EU Directive to reduce the cost of deploying high-speed broadband. This harmonised the rules on bank creditors' hierarchy through the creation of a new class of senior non-preferred debt that ranks in insolvency above own-funds instruments and subordinated liabilities, but below other senior liabilities. On the 29 th of March 2014, the Official Journal published the new ATEX directive. Scope. 8(-a) Upon request of a resolution entity, resolution authorities should be able to reduce that The Pressure Equipment Directive 2014/68/EU (formerly 97/23/EC) outlines the standards to which pressure equipment within the EU must conform - it includes equipment such as pressure vessels, boilers, piping, and safety valves. Scope. Directive 2014/59 OJ L 173 12.06.2014, p. 0190 Summary. It replaced the first EU RoHS directive 2002/95/EC (RoHS 1) and entered into force on 21 July 2011. 3 General issues. EU RoHS 2 refers to Directive 2011/65/EU on the restriction of the use of certain hazardous substances in electrical and electronic equipment (EEE). Compliance Expert Soufyan Lamdini explains. Processing these required additional time and resources and lead to high costs for businesses and public sector . Council of the European Union . D-68526 Ladenburg, Germany . This paper is part of a series of 3 publications and describes the non-clinical and clinical assessment performed to fulfill the regulatory requirement per Art. An overview of the EU Low Voltage Directive www.intertek.com 4 The scope of the LVD The Directive applies to all electrical equipment designed for use with a voltage rating of between 50 and 1000 V for alternating current, 75 and 1500 V for direct current. 14/10/2013. Compliance and reporting obligations; 2. 20/05/2013. The European Union (EU) Directive on Non-Financial Reporting (2014/95/EU) requires companies to include non-financial statements in their annual reports or in a separate filing from 2018 onwards, including information on environmental protection, social responsibility and treatment of employees, respect for human rights, anti-corruption and bribery, and diversity on company boards. In addition, under Article 68 of Directive 2014/65/EU, commonly known as MiFID 2 (Markets in financial instruments directive 2), is a legal act of the European Union.Together with Regulation (EU) No 600/2014 it provides a legal framework for securities markets, investment intermediaries, and trading venues. Regulation (EU) No 536/2014 of the European Parliament and of the Council of 16 April 2014 on clinical trials in medicinal products for human use and repealing Directive 2001/20/EC Off. Reform of the EU rules - The 2014 Public Procurement Directives 4.1 On 20 December 2011 the European Commission published proposals to revise and update the public sector and utilities procurement Directives (2004/18/EC and 2004/17/EC respectively) plus a proposed new directive on the award of concession contracts4. 1. This note provides an overview of the Bank Recovery and Resolution Directive (2014/59/EU) (BRRD), as amended by BRRD II Directive ((EU) 2019/879). . Regarding the Directive 2014/24/EU of the European Parliament and of the Council, of 26 February, on public procurement, that repeals the Directive 2004/18/EC, there are two major changes: (i) the . DGS Directive . Summary of contributions to the 'Call for Evidence' . What is the aim of the . OFAC Sanctions On July 16, 2014 and September 12, 2014, OFAC issued a series of Directives imposing targeted sanctions upon key elements of the Russian economy. Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC. Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014 Bank Recovery and Resolution Directive / BRRD Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms Background and history. Final Report - Guidelines on recovery plan indicators under Article 9 of Directive 2014/59/EU (EBA/GL/2021/11) Executive summary; Background and rationale; Guidelines on recovery plan indicators. The directive applies to large public-interest entities with more than 500 employees and is . What is the purpose of the e-Invoicing Directive (Directive 2014/55/EU)? B DIRECTIVE 2014/53/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 16 April 2014 on the harmonisation of the laws of the Member States relating to the making available on the market of radio equipment and repealing Directive 1999/5/EC (Text with EEA relevance) (OJ L 153, 22.5.2014, p. 62) 59 . Passed in 2014. In 2017, Directive 2014/59/EU was amended by Directive (EU) 2017/2399. As specified in the Directive, the financial crisis highlighted the lack 1 Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms, OJ L 173, 12.6.2014, p. 190 . L 173/350 Official Journal of the European Union 12.6.2014EN (1) Regulation (EU) No 600/2014 of the European Parliament and the Council of 15 May 2014 on markets in financial instruments and amending Regulation (EU) No 648/2012 (see page 84 of this Official Journal). Directive 2014/59/EU and including events directly linked to them, should not be deemed enforcement events or insolvency proceedings. Pressure Equipment Directive or PED 2014/68/EU is a legislative framework at the European level for pressure equipment presenting pressure hazards applicable to the design and fabrication of pressure equipment. 2014/65/eu (as amended, "mifid ii"); (ii) a customer within the meaning of directive (eu) 2016/97, as amended, where that customer would not qualify as a professional client as defined in point (10) of article 4(1) of mifid ii; or (iii) not a qualified investor as defined in regulation (eu) 2017/1129 (as amended, the "eu prospectus regulation . The BRRD provides authorities with a common set of tools and powers for dealing with failing banks, and requires banks to facilitate this process by providing In summary, the new EU Regulation No. Summary ATEX Directive 2014/34/EU. On the 29 th of March 2014, the Official Journal published the new ATEX directive. Need for action What is the problem and why is it a problem at EU level? EXECUTIVE SUMMARY . Wallstadter Str. 1-3) Article 1 Subject matter and scope powers of the relevant resolution authority set out in Articles 33a, 69, 70, and 71 of Directive 2014/59/EU as transposed by the applicable national law governing the resolution of the institution of entity concerned, and a description of the requirements of Article 68 of Directive 2014/59/EU as transposed by 1 / Bank Recovery and Resolution Directive (2014/59/EU) BRRD: Prevention, Intervention and Resolution. II. A 'Single Rulebook' of harmonised legislation and guidelines on the . RFID feature is also tested according to EN 301489-1/3 standards. J. , L 158 ( 27.05.2014 ) ( 2014 ) , p. The Measuring Instruments Directive 2014/32/EU establishes the requirements that measuring instruments have to satisfy with a view to their being made available on the market and/or put into use. Further information: Directive 2013/36/EU - also known as the . Executive Summary. Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee schemes (OJ L 173, 12.6.2014, p. 149) . EU RoHS 2 (Directive 2011/65/EU) Little Pro on 2016-01-08 . Directive 2014/59/EU of the European Parliament and of the Council Show full title. EU Procurement Directives training: slideset (MS Powerpoint Presentation, 1.3MB) Reform of the EU procurement rules - utilities sector: slideset ( PDF , 358KB , 83 pages ) Published 5 February 2014 2. Resolution Directive (2014/59/EU) (BRRD),(1) and amendments to a supervisory statement to reflect the PRA's expectations. With the new regulation, one single application will be sufficient for the conduct of a clinical trial in several Member . Hi Shaun, Article 77 of the new European procurement Directive (Directive 2014/24/EU) is intended to facilitate the establishment of employee mutuals and social enterprises that you describe, although it is subject to specific conditions, as follows:The organisation's objective must be the pursuit of a public service mission linked to the delivery of the health, social and cultural services . This is the first publication. The Environmental Impact Assessment ( EIA) Directive 2011/92/ EU requires an assessment of the likely significant effects of certain projects on the environment before a development consent can be granted. Scope. Final legislative act with provisions for delegated acts . Material changes 41 2.8.4. 1. Key elements of the resolution plan 41 2.8.3. This reform was largely based on the FSB standards on resolution regimes of financial institutions. Management summary 41 2.8.1. As of 18 September 2016 the only applicable MED is Directive 2014/90/EU of the European Parliament and of the Council of 23 July 2014 on marine equipment and repealing Council Directive 96/98/EC. The new EIA Directive was required to be transposed by member states by 16 May 2017, necessitating changes in Irish laws, regulations and administrative provisions across . Member states were required to transpose the NFRD into national law by 6 . Directive (Directive 2014/59/EU) CET1 Common Equity Tier 1 CMG Crisis Management Group DGS Deposit Guarantee Scheme DGSD Deposit Guarantee Schemes Executive summary. In situations such as those set out in Article 32(4) of Directive 2014/59/EU (Bank Recovery and Resolution Directive), the exemption for emergency funding under Article 5(3) of the Regulation may apply. The BRRD established a recovery and resolution framework for EU credit institutions and systemically-important investment firms. Q. L13; 57: 1-73 (2014). European Council Directive 2013/59/Euratom on basic safety standards for protection against the dangers arising from exposure to ionising radiation and repealing Directives 89/618/Euratom, 90/641/Euratom, 96/29/Euratom, 97/43/Euratom and 2003/122/Euratom. Guidelines on the provision of information in summary or collective form for the purposes of Article 84(3) of Directive 2014/59/EU: 14.09.2016: EBA/GL/2016/01: Revised guidelines on the further specification of the indicators of global systemic importance and their disclosure: 06.07.2017: For the purpose of determining the loss absorption amount in accordance with this Article and of any contribution of the deposit guarantee scheme to the resolution costs pursuant to Article 6, the resolution authority shall, consistently with Article 45(6) of Directive 2014/59/EU, request from the competent authority a summary of the capital . Directive 2014/95/EU1 amending Directive 2013/34/EU (the Accounting Directive) as regards disclosure of non-financial and diversity information by certain large undertakings and groups (the Non-Financial Reporting Directive or NFRD), came into force on 5 December 2014. is in conformity with the relevant requirements of European Union Directives, which have been notified in Subject matter, scope and definitions; 3. Voltage ratings refer to the voltage of the electrical input or output, not to Summary . Directive Summary at EU-OSHA European Commission guidelines . 1 Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and . 2 Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (recast). Summary of references of harmonised standards published in the Official Journal - Directive 2014/35/EU 1 of the European Parliament and of the Council of 26 February 2014 on the harmonisation of the laws of the Member States relating to the making available on the market of electrical equipment designed for use within certain voltage limits 536/2014 on clinical trials is expected to be a major improvement over the previous EU directive and will streamline the approval process for studies conducted across EU Member States. The declaration shall be in respect of all Community acts applicable to the product containing all information . 45c(3) of Directive 2014/59/EU. Directive 2014/59/EU of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms Law details Information about Directive 2014/59/EU including date of entry into force and links to summary and consolidated version. 2 The BRRD in summary. Bank Recovery and Resolution Directive (Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, Radio Frequency Identification Equipment operating in the band 865 MHz to 868 MHz with power levels up to 2 W and in the band 915 MHz to 921 MHz with power levels up to 4 W; Harmonised Standard covering the essential requirements of article 3.2 of the Directive 2014/53/EU. Download scientific diagram | -Banking Union: the BRRD and SRM pillar Notes: * Directive 2014/59/EU and Council Implementing Regulation (EU) 2015/81 of 19 December 2014 specifying uniform . Executive summary 2 2. Directive 2014/59 / EU of the European Parliament and of the Council of 15 May 2014 establishes standards and uniform procedures for the resolution of credit institutions in participating Member States. COMMISSION STAFF WORKING DOCUMENT EXECUTIVE SUMMARY OF THE IMPACT ASSESSMENT REPORT Accompanying the documents Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the digitalisation of judicial cooperation and access to justice in cross-border civil, commercial and criminal matters, and amending certain acts in the field of judicial cooperation and Proposal for a . Summary: Legislative initiative tabled by the European Commission on 27 October 2021, introducing amendments to Directive 2013/36/EU and Directive 2014/59/EU. Vote in committee, 1st reading. Water meters, gas meters and volume conversion devices, active electrical meters . On 27 June 2013, the Council of the European Union agreed on . Implementation; 4. Radiated emission test is a test applied in EN 55032 standard. This consultation was held on another website . This directive has been made effective throughout the EU region from 19th July 2016 onwards. We, ABB AG . The document includes an executive summary and key aspects of the BRRD. Implementation plan 41 . herewith declare under our sole responsibility, that the product series . The information below is intended to give readers a short, practical summary of some of the CE . Summary. The MED sets out performance and testing standards to be met by marine equipment placed on board an EU ship. In 2014, EU countries and the European Commission introduced a standard for e-invoicing. This is a text with EEA relevance. Loans (other than for trade finance or emergency funding) 18. Directive 2014/59/EU is met with subordinated liabilities and own funds, including own funds used to comply with the combined capital buffer requirement referred to in Directive 2013/36/EU. Executive Summary Directive 2014/59/EU (BRRD) establishes recovery plans as an important component of the European recovery and resolution framework and essential to ensure proper crisis preparedness. Introduction to the Low Voltage Directive (2014/35/EU) Number: 2014/35/EU Official Title of the Directive: DIRECTIVE 2014/35/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 26 February 2014 on the harmonisation of the laws of the Member States relating to the making available on the market of electrical equipment designed for use within certain voltage limits. Document summary Save to My items Up-to-date link Permanent link Bookmark this item; Download notice Follow this document .
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