Stellungnahmen/Gutachten

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Gefundene Stellungnahmen/⁠Gutachten (18.640)

    • Zu Regelungsvorhaben:

      Neben den Verteilernetzen sind auch die Fernleitungsnetze von den Herausforderungen der Transformation zu erneuerbaren Gasen bei Aufrechterhaltung der Versorgungssicherheit betroffen. Wir unterbreiten insbesondere Vorschläge, den in Art. 38 des EU-Richtlinienentwurfs vorgesehenen Paradigmenwechsel auch im Fernleitungsnetz umzusetzen. Unter anderem die derzeit vorgesehene Anschlusspflicht von Biogasanlagen sollte netzebenen-übergreifend flexibilisiert und einer gesamtwirtschaftlich effizienteren Regelung zugeführt werden. Schließlich sollte auch die Verpflichtung zum anlasslosen Rückbau für sämtliche Netzebenen vermieden werden.

    • Bereitgestellt von: bayernets am 28.06.2024
    • Adressatenkreis:
      • 12.04.2024

        • Bundesregierung:

          • Bundesministerium für Wirtschaft und Klimaschutz (BMWK) (20. WP) [alle SG dorthin]

    • Betroffene Bundesgesetze (1):
    • Zu Regelungsvorhaben:

      At the 2024 April European Council, EU leaders called for a “new European competitiveness deal” by advancing the work on the capital markets union, and by ”relaunching the European securitisation market, including through regulatory and prudential changes”. This ambition echoes the ECB Statement that suggests “reviewing the prudential treatment of securitisation for banks and insurance companies and the reporting and due diligence requirements”. The Eurogroup has also identified securitisation as a topic of priority for developing EU capital markets. In April, both the report by Enrico Letta on the Single Market and the proposals on European capital markets by Christian Noyer stressed the benefits of securitisation as a bridge between bank and capital markets-based funding.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
    • Zu Regelungsvorhaben:

      The building blocks for the regulatory framework for sustainable finance in the EU are now in place or in the process of implementation. The last five years have seen a Herculean effort from policymakers, regulators and financial institutions to establish and implement a regulatory framework for sustainable finance. This has been done at speed and has created important new legislation aiming to facilitate the provision of finance in support of the EU’s sustainability objectives and to ensure that financial institutions manage climate and environmental risk effectively. While this has put the EU at the forefront of regulation in this area, now is an important time to take stock, provide time for implementation and reflect upon how this is working and how it can be improved.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
    • Zu Regelungsvorhaben:

      Slow and complex withholding tax reclaim processes act as a barrier to efficient investment, and a simple, fast, and safe system will encourage intra-union and foreign investment. It is important to note in this context that many EU jurisdictions are presently slow to pay withholding tax reclaims and there is a significant opportunity for improvement in this area – particularly compared to certain other jurisdictions within or outside the EU offering relief at source systems.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
    • Zu Regelungsvorhaben:

      The changes suggested by the EBA to the NSFR RSF factors for reverse repos, if implemented, could have multiple unintended consequences for primary and secondary dealing in securities given the role of repo markets at the centre of the financial system, including an increased cost for European governments wishing to finance their economic needs. This has been recognised previously by a range of policymakers in the objectives to the introduction of the transitional periods for the NSFR under the negotiation of the Capital Requirements Regulation and in response to the global BCBS’ assessment of NSFR regulations in Europe.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
    • Zu Regelungsvorhaben:

      Cloud service customers (CSCs) contract for cloud service on an enterprise-wide basis. CSCs based in the EU will consequently contract through their EU entity and under EU law for the receipt of cloud services that are provided across all the jurisdictions in which the CSC operates. Non-EU CSCs, on the other hand, will contract under the governing law of their home jurisdiction for the receipt of cloud services across the jurisdictions in which the CSC operates globally, which may include its businesses in the EU. Where a non-EU CSC has EU affiliates subject to EU law and regulation, they would include EU-specific terms in their contracts in order to ensure that the CSC’s receipt of services from the CSP complies with applicable EU law.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
    • Zu Regelungsvorhaben:

      AFME strongly supports the EC’s objective of growing and making more efficient the distribution of securities to European retail investors. The Retail Investment Strategy is focused on direct and indirect retail investment. We are concerned by the many ways that the Retail Investment Strategy impacts wholesale capital markets. The vast majority of securities distributed to retail investors are sourced and manufactured by wholesale banks, asset managers and insurers. As such, the proposed changes need to carefully consider the impact on the wholesale to retail distribution chain.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
    • Zu Regelungsvorhaben:

      Supporting the growth potential of Germany and the European Union will require significant investments over the next years and decades. An essential requirement to help meet these investment needs is the further integration of European capital markets. At national level, it is important to consider remaining barriers standing in the way of Germany developing its own national markets. Some of these relate to specific financial market activities, such as trading or listing, whilst others relate to the financial ecosystem itself, for example the tax system. Germany has addressed a number of such barriers through the Zukunftsfinanzierungsgesetz, and we support a further review of existing national legislation to support the German financial market ecosystem.

    • Bereitgestellt von: Association for Financial Markets in Europe (AFME) am 28.06.2024
    • Adressatenkreis:
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