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European Commission Spokesman's Briefing for 07-03-19

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>


CONTENTS / CONTENU

  • [01] Financial services : Commission acts to improve efficiency of EU investment fund market
  • [02] Participation de Louis Michel aux élections législatives belges
  • [03] Commission approves proposed acquisition of joint control of Capio AB by Apax Partners Worldwide LLP, Apax Partners SA and Nordic Capital, subject to conditions
  • [04] Télécommunications : la Commission est satisfaite de la décision du régulateur italien d'abandonner sa proposition de réguler les services valeur ajoutée
  • [05] Autre matériel diffusé Midday Express of 2007-03-19 Reference: MEX/07/0319 Date: 19/03/2007 EXME07 / 19.3

    MIDDAY EXPRESS

    News from the Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Générale Communicationb

    19/03/07


  • [01] Financial services : Commission acts to improve efficiency of EU investment fund market

    The European Commission has taken action in two specific areas to improve the efficiency of the EU single market for retail investment funds. These funds, known as 'UCITS', provide consumers with access to professionally managed investments on affordable terms and now account for over €5500 billion of assets. First, the Commission has adopted legally binding guidance on whether new financial instruments can be included in investment funds. Second, it has issued guidance on how host country authorities should exercise limited scrutiny powers when UCITS are notified for sale in their country. These clarifications will ensure consistency in the authorisation and marketing of investment funds across the EU. The Commission will propose a more fundamental redesign of the EU 'passport' for investment funds later in 2007.

    [02] Participation de Louis Michel aux élections législatives belges

    Le Président de la Commission européenne, José Manuel Barroso, a marqué son accord la demande de congé du Commissaire Louis Michel afin qu'il puisse être candidat de son parti lors des prochaines élections législatives en Belgique, qui se tiendront le 10 juin. Comme il l'avait déj avancé, M. Michel a tenu informer officiellement le Président en premier lieu dès qu'il a pris cette décision. M. Michel sera en congé sans rémunération partir du 12 mai, date de dépôt des listes électorales, jusqu'au 10 juin 2007, date des élections. Il s'est engagé ne pas avoir recours aux services de la Commission ni ses ressources humaines et matérielles pendant cette période.

    [03] Commission approves proposed acquisition of joint control of Capio AB by Apax Partners Worldwide LLP, Apax Partners SA and Nordic Capital, subject to conditions

    The European Commission has approved under the EU Merger Regulation the proposed acquisition of joint control of Capio AB, a Swedish provider of healthcare services, by the private equity funds Apax Partners Worldwide LLP ("APW") of the UK, Apax Partners SA ("APSA") of France and Nordic Capital of the Channel Islands. The Commission's decision is conditional upon the divestiture by Capio AB of most of its UK subsidiaries. In light of these commitments, the Commission has concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it.

    [04] Télécommunications : la Commission est satisfaite de la décision du régulateur italien d'abandonner sa proposition de réguler les services valeur ajoutée

    le 16 mars, le régulateur italien, AGCOM, a informé la Commission qu'il retirait son projet de mesure relatif au marché des services valeur ajoutée sur les réseaux mobiles (y compris les services de renseignements). Dans sa lettre du 8 février 2007, la Commission avait fait part AGCOM de ses doutes quant la définition de marché d'AGCOM et l'existence de problèmes de concurrence portant atteinte aux intérêts des consommateurs ou requérant une réglementation ex-ante.

    [05] Autre matériel diffusé

    Electronic communications: the Article 7 procedure and the role of the Commission - frequently asked questions

    Discours de Mme Danuta Hübner : "¿Dónde está la Unión europea?" la conferencia internacional "El futuro de Europa", Universidad San Pablo (16/03, Madrid) From EUROPA, the European Commission Server at http://europa.eu.int/


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