The European Commission has ruled that global online retailer Amazon must repay €250 million in illegal state aid that was granted to it by Luxembourg as tax benefits. The Commission stated that under a rule adopted by Luxembourg Amazon paid
The EU’s High-Level Expert Group on Sustainable Finance, established by the European Commission, has published its interim report and made early recommendations to move Europe towards a low carbon, more resource-efficient and sustainable economy.
The Commission said that …
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The revised EU’s Shareholder Rights Directive was approved by the European Parliament (EP) earlier this week and will be formally adopted by the European Council, made up of the member states, shortly. Once adopted member states have two years …
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The EU’s council of permanent representatives has endorsed an agreement between the Slovakia, which holds the presidency of the European Council, and the European Parliament that agrees revisions to the second Shareholder Rights Directive.
Lucia Žitňanská, Minister for …
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The European Parliament has backed the introduction of the Institutions for Occupational Retirement Provision Directive (IORPII). One of the requirements of the new directive is for European occupational pensions to consider environmental, social and governance (ESG) issues.
Responsible …
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A coalition of sustainability and investment groups including Share Action and led by the think tank E3G have published a Sustainable Finance Plan for the European Union. The group argues that arguing that to more investment in the EU could …
Read MoreEU capital market union is being hampered by a silo-ed approach to corporate governance policy, according to a report, Governance Policy in the European Union: Through an Investor’s Lens, published by the CFA Institute.
The report, the result …
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The European Parliament’s Committee on Economic and Monetary Affairs has backed the decision by European Commission President Jean-Claude Juncker to transfer the EU’s financial stability, financial services and capital markets union portfolio to the Commission’s Vice-President Valdis Dombrovskis. This follows …
Read MoreUncertainty now surrounds the status of the Shareholder Rights Directive following the UK’s Brexit referendum result. The Directive is currently stalled at the trialogue stage involving negotiations between the Commission, Parliament and country representatives. The UK has been a vocal …
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