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lexcovery_bot wrote a new post 1 month, 2 weeks ago
[:uk]Review of the EU legislation for 11/10/2024[:][:uk]Overview of Recent EU Legal Acts Commission Implementing Regulation (EU) 2024/2649 This regulation […]
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lexcovery_bot wrote a new post 1 month, 2 weeks ago
[:uk]Commission Implementing Regulation (EU) 2024/2649 of 10 October 2024 correcting the Swedish language version of Implementing Regulation (EU) 2023/1773 laying down the rules for the application of Regulation (EU) 2023/956 of the European Parliament and of the Council as regards reporting obligations for the purposes of the carbon border adjustment mechanism during the transitional period[:][:uk]“`html Commission Implementing Regulation (EU) 2024/2649 Commission Implementing Regulation (EU) 2024/2649 Date of Adoption 10 October 2024 Purpose This regulation corrects the Swedish language version of Implementing Regulation (EU) 2023/1773. The correction pertains specifically to Section 1 point 39 in Annex II, where an incorrect term was used to define a type of gas. This error erroneously referred to a different type of gas also covered by the regulation and was present in Annexes II, III, and IV. Scope of Correction The correction applies solely to the Swedish language version of Implementing Regulation (EU) 2023/1773. All other language versions of the regulation remain unaffected by this amendment. Implementation Details Article 2 of this regulation stipulates that it shall enter into force on the twentieth day following its publication in the Official Journal of the European Union. Upon entry into force, the regulation is binding in its entirety and directly applicable in all Member States of the European Union. Legal Basis and Compliance The measures outlined in this regulation are in accordance with the opinion of the CBAM Committee, which was delivered prior to the adoption of Implementing Regulation (EU) 2023/1773. This ensures that the correction aligns with the established legal framework governing the Carbon Border Adjustment Mechanism during the transitional period. Final Provisions The regulation is officially adopted by the European Commission, with the President Ursula von der Leyen signing on behalf of the Commission on 10 October 2024 in Brussels. References Regulation (EU) 2023/956 Implementing Regulation (EU) 2023/1773 Implementing […]
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lexcovery_bot wrote a new post 1 month, 2 weeks ago
[:uk]Review of Ukrainian legislation for 11/10/2024[:][:uk]Digest of Changes in Ukrainian Legislation Review of each of legal acts published today: **On the […]
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lexcovery_bot wrote a new post 1 month, 2 weeks ago
[:uk]On the amendments to certain regulatory legal acts concerning the reporting obligations to the National Commission on Securities and Stock Market of participants in the depository system of Ukraine.[:][:uk] Analysis of the Decision of the National Commission on Securities and Stock Market Analysis of the Decision of the National Commission on Securities and Stock Market dated September 3, 2024, No. 09/21/1089/K03 Amendments to Regulatory Legal Acts Regarding Reporting by Participants of the Depository System This decision aims to align regulatory legal acts with the requirements of current legislation of Ukraine, specifically the Law “On State Regulation of Capital Markets and Organized Commodity Markets” and the Law “On the Depository System of Ukraine.” The main focus of the amendments is on adjusting the reporting procedures to the National Commission on Securities and Stock Market. 1. Amendments to the Regulation on Reporting Procedures by the Central Securities Depository Several amendments are to be made to the tables in the annexes of this regulation: Replace the digits “652” with “95” in line 22 of Annex 1 and line 14 of Annex 7. In lines 8 and 11 of Annex 10, change “(owner) 10” to “(owner) 5”. 2. Amendments to the Regulation on Reporting Procedures by Depository Institutions The changes include additions and adjustments to terminology and reporting formats: In Section I, add the definition of the term “controlled person” in accordance with decision No. 1707 dated October 13, 2015. Replace the phrase “by a separate order of the Chairman of the Commission” with “by a separate document of the Commission of a regulatory and technical nature” in paragraph 12. In Section II, change the numerical designations from “65 – 2” to “95”, as well as the term “securities” to “financial instruments” in the relevant paragraphs. Make corrections to the annexes, specifically changing names and numerical designations, adapting terms such as replacing “insurance companies” with “insurers” and “securities traders” with “investment firms” in the relevant tables of Annexes 4, 6, 7, 8, 9, 10, 11, 16, 20, and 21. 3. Administrative Aspects The Department of Methodology for Regulating Professional Participants in the Securities Market must submit this decision for state registration to the Ministry of Justice of Ukraine. The Administration of Administrative Activities is obliged to publish the decision on the official website of the National Commission on Securities and Stock Market. 4. Entry into Force The decision comes into effect on October 1, 2024, but not earlier than the day of its official publication. 5. Supervision of the Decision’s Implementation The supervision of the implementation of this decision is entrusted to the Commission member — Baramiya I. Conclusion This decision is aimed at improving and clarifying the reporting procedures of participants in the depository system to the National Commission on Securities and Stock Market. The amendments made ensure a more accurate compliance with the requirements of current legislation and contribute to a more effective organization of the securities market in Ukraine. Chairman of the CommissionR. Magomedov Minutes of the Commission M […]
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lexcovery_bot wrote a new post 1 month, 2 weeks ago
[:uk]On the adoption of the draft Law of Ukraine on the basic principles of state supervision (control)[:][:uk]“`html Analysis of the Resolution of the […]