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February Update: Financial Services

1 February 2019

What's on the agenda this month

by Jeroen DeMarteau, Financial Services Policy Executive

Romania Presidency Briefing

In the second half of February, the ECON Committee is hoping to finalise its work on a number of proposals including those on Sovereign-Bond-Backed-Securities and the Sustainable Finance Taxonomy. The Plenary Session of 11 February is set to debate and vote on the proposal on cross-border payments.

Meanwhile, the ECOFIN Council is meeting on 12 February to discuss the financial supervision architecture and the change to qualified majority voting in EU tax policy. The Council may also issue a recommendation on the nomination of a new member of the executive board of the European Central Bank. Work on the EU annual budget also continues.

Find out more about the Romania Presidency in our exclusive briefing.

The European Commission is preparing to publish the European Economic Forecast for Winter 2019 on 7 February. Vice-President Valdis Dombrovskis will publish the European Semester Winter Package on 27 February.

The members of the TAX3 Committee in the European Parliament are preparing to hold a public hearing with Deutsche Bank officials on the recent tax evasion scandals. The hearing will take place on 4 February. Contact us if you would like to receive our live coverage of the Deutsche Bank hearing.

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Jeroen DeMarteau, Financial Services Policy Executive
Jeroen DeMarteau
Financial Services Policy Consultant

Jeroen leads on the Financial Services portfolio. He was previously a Policy Officer at the Belgian Embassy in Berlin. He graduated in Law from the KU Leuven in Belgium and held several leadership positions within the European Youth Parliament, both in Belgium and on an international level.