Fittex

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This paper forms part of a series of nine studies on the role of the European Union in International economic fora, prepared by Policy Department A at the request of the Committee on Economic and Monetary Affairs. International Financial Reporting Standards define the rules for corporate accounting and are set by a private standard setter: the International Accounting Standards Board (IASB). The EU has no formal role in developing these standards, but de facto endorses them ex post. This raises questions ...

This study examines the budget structure and cost allocation, fee determination as well as treatment of surpluses/deficits and potential financial reserves of the partially selffinanced EU agencies (i.e. the agencies which carry out public tasks for the EU and provide services to clients from industry and are not co-financed by national public authorities), namely the European Aviation Safety Agency (EASA), the European Chemicals Agency (ECHA) and the European Medicines Agency (EMA). The study identifies ...

'Gold-plating' refers to obligations that go beyond EU requirements: an excess of norms, guidelines and procedures accumulated at national, regional and local levels interfering with the expected policy goals. A broad range of gold-plating issues have been identified in the EAFRD, related above all to eligibility and agri-environmental commitments, but also to payment issues, controls and procurement rules set at the RDPs level. Goldplating and related errors can be addressed by capacity building ...

Single Market Act: 12 priorities

Mad-Daqqa t’Għajn 21-10-2011

New impetus for the EU single market has come via the twelve priority projects contained in the European Commission's April 2011 Single Market Act communication. The intention is that the EP and Council will have adopted the legislation by the end of 2012.