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The EU adopted a comprehensive and innovative regulatory framework on markets in crypto-assets (MiCA) in June 2023 that will regulate crypto-asset markets. The regulation focuses on stablecoins, which are crypto-assets promising a 'stable value' against official currencies or values. The MiCA provides for strict transparency and governance rules, on the one hand, and prudential rules as per other financial institutions, on the other. By covering all aspects of the crypto-assets, MiCA is expected ...

The European Commission tabled a proposal for an EU regulatory framework on artificial intelligence (AI) in April 2021. The draft AI act is the first comprehensive EU legislation to regulate AI and address its potential harms. Parliament is preparing to debate and vote on the joint report from the Internal Market and Consumer Protection (IMCO) and Civil Liberties (LIBE) Committees during its June plenary session. This would then set Parliament's position for trilogue negotiations with the Council ...

This study assesses the ECB’s first three progress reports on the digital euro from a legal perspective. It looks into what key design choices proposed by the ECB reveal in terms of the legal qualification of the digital euro and discusses legal aspects of the infrastructure supporting it.

Stress-testing is a promising foresight policy tool that can support the design of EU policies able to withstand the shocks and challenges of both the present day and the years to come. This study explores how the European Parliament could use stress-tests to identify weak points in EU legislation and avenues for further EU action. The study draws on the findings of a stress-test of EU rail transport policy and recommendations from an expert practitioner of foresight and regulatory policy. It finds ...

In recent decades, concern for animal welfare has been growing among citizens, businesses and policy-makers. The topic has been on the EU policy agenda for nearly 50 years, with the first EU law on the welfare of animals adopted in 1974. Since then, the EU has developed and expanded the scope of legislation in this area, achieving considerable improvements in the living conditions of farm animals and establishing some of the world's highest animal welfare standards. In 2012, the EU adopted a strategy ...

'Brexit Freedoms Bill'

Kort overzicht 07-11-2022

On 22 September 2022, the UK government tabled the Retained EU Law (Revocation and Reform) Bill, also referred to as the Brexit Freedoms Bill. It aims to abolish the principle of the supremacy of EU law in the UK by the end of 2023, and proposes to give the government new powers to amend, replace or repeal the EU laws copied into UK domestic legislation following the UK's withdrawal from the EU – 'Brexit'. The bill will now undergo parliamentary scrutiny and votes in both the House of Commons and ...

Illegal, unreported and unregulated (IUU) fishing is widely recognised as a significant environmental, economic and social problem. It represents a major threat to marine ecosystems, a disruption for the seafood market, and an unfair disadvantage for responsible fishermen. Combatting IUU fishing has become a key means for achieving sustainable management of global fisheries. While the root cause of IUU fishing is states' failure to discipline vessels operating under their flag, tackling this phenomenon ...

This in-depth analysis commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the JURI Committee, looks at the past and current developments in the EU better regulation agenda. The author finds that, despite important achievements that put the EU at the forefront in this field, many of the most ambitious reforms announced over the past few years are still far from complete. The in-depth analysis offers several policy recommendations ...

This study focuses on options for regulating the use of AI enabled and algorithmic management systems in the world of work under EU law. The first part describes how these technologies are already being deployed, particularly in recruitment, staff appraisal, task distribution and disciplinary procedures. It discusses some near-term potential development prospects and presents an impact assessment, highlighting some of these technologies' most significant implications. The second part addresses the ...

This study reviews current artificial intelligence (AI) systems legislation, the AI techniques definition proposed by the AI Act and main applications of AI methods in the fisheries sector with special focus on applications to enhance traceability of fishery products, fishing gear selectivity, good practices, and potential to help young people finding jobs. Finally, this study offers policy recommendations relevant to EU decision-making to achieve a better use of AI systems in the fisheries sector ...