Basel III: international regulatory framework for banks
Sep 27, 2024 · The final elements of Basel III now being implemented are: changes to the standardised approach to determining RWAs: using parameters that are clearly defined and calibrated in the capital rules; changes to the internal ratings-based (IRB) approach, allowing banks themselves to estimate the parameters used in the calculation of RWAs (namely the introduction of input floors on the parameters of ...
The Schengen area explained - Consilium
Jan 8, 2025 · What are the benefits of Schengen? The Schengen area allows more than 400 million people to travel freely between member countries without going through border controls.. Every day around 3.5 million people cross internal borders for work or study or to visit families and friends, and almost 1.7 million people reside in one Schengen country while working in another.
EU sanctions against Russia explained - Consilium
Dec 16, 2024 · Which sanctions has the EU adopted so far? Since the start of Russia's full-scale invasion of Ukraine on 24 February 2022, the EU has imposed massive and unprecedented sanctions against Russia.. These sanctions come on top of the measures already imposed on Russia since 2014 following the annexation of Crimea and the lack of …
Much more than a market – 4Speed, Security, Solidarity Empowering the Single Market to deliver a sustainable future and prosperity for all EU Citizens adopted in Brussels. However, with 27 Member States the diversity and complexity of the legal
EU sanctions against Russia - Consilium
Dec 16, 2024 · Human rights violations in Russia Why sanctions? The European Union is deeply concerned about the continuing deterioration of the human rights situation in Russia, especially in the context of Russia’s war of aggression against Ukraine.. The EU strongly condemns the very significant expansion of restrictive legislation, the systematic and intensifying repression against civil society and ...
Fit for 55 - The EU's plan for a green transition - Consilium
Apr 12, 2024 · The EU emissions trading system (EU ETS) is a carbon market based on a system of cap-and-trade of emission allowances for energy-intensive industries and the power generation sector. It is the EU's main tool in addressing emissions reductions.Since its introduction in 2005, the EU's emissions have decreased by 41%. The Fit for 55 package aimed to reform the EU ETS by making it more ambitious.
Where does the EU’s gas come from? - Consilium
Mar 21, 2024 · Russia’s unjustified and unprovoked invasion of Ukraine and the weaponisation of energy have made diversification of energy supplies a necessity for EU countries.. Diversification is a lengthy and costly process, requiring investment in infrastructure, for example building new pipelines and liquefied natural gas (LNG) terminals.
EU response to Russia's invasion of Ukraine - Consilium
Dec 16, 2024 · EU leaders demanded repetedely that Russia immediately cease its military actions, unconditionally withdraw all forces and military equipment from Ukraine and fully respect Ukraine’s territorial integrity, sovereignty and independence.. They emphasised the right of Ukraine to choose its own destiny and commended the people of Ukraine for their courage in defending their country.
How the EU responds to crises and builds resilience
In March 2022, the Council adopted conclusions on civil protection work in the EU in view of climate change. As extreme weather events become more frequent and intense, ministers called for the adaptation of civil protection systems to such events, in order for the EU to be more resilient in the face of climate change.
A Strategic Compass for security and defence - Consilium
The Council approved the Strategic Compass on 22 March 2022, just a few weeks after the start of Russia’s full-scale invasion of Ukraine. The Strategic Compass is an action plan that establishes a common strategic vision and concrete objectives to strengthen the EU's security and defence policy by 2030. It addresses rising threats …