You are subscribed to Alerts from the Internal Market and Consumer Protection committee for European Parliament. This information has recently been updated, and is now available. The hearing will offer Members the chance to hear the views of a range of experts and stakeholders in order to assess the challenges that the digitalisation of consumer financial services has brought in the course of the current pandemic. The hearing will focus on the upcoming revision of the Consumer Credit Directive (CCD) and the Distance Marketing of Consumer Financial Services Directive (DMFSD), planned for adoption in the Q2 2021 and Q4 2021, and will assess how the financial services sector has been transformed by the ongoing digital transition. The new provisions aim, as a primary objective, to strengthen the functioning of the EU internal market for batteries by addressing the market fragmentation and insufficient level of information The new regulation would create a level playing field in the internal market, through a harmonised set of rules and standards for batteries, promote the circular economy through recycling, and reduce the environmental and social impacts of batteries throughout their lifecycle. Mr Antonius Manders (EPP) is the IMCO Rapporteur for the proposal. Strong political commitment is emerging to modernise the legislative framework for batteries, as a key sector for sustainable growth in the EU. The hearing will offer Members the chance to hear the views of a range of experts and stakeholders in order to assess the challenges that the digitalisation of consumer financial services has brought in the course of the current pandemic. The hearing will focus on the upcoming revision of the Consumer Credit Directive (CCD) and the Distance Marketing of Consumer Financial Services Directive (DMFSD), planned for adoption in the Q2 2021 and Q4 2021, and will assess how the financial services sector has been transformed by the ongoing digital transition. For IMCO it is particularly important that the proposal lays down rules on joint procurement of medical countermeasures. As serious cross-border threats to health are not limited to EU borders, joint procurement of medical countermeasures is to be extended to include EFTA and EU candidate countries. In addition, it is proposed that joint procurement procedure includes an exclusivity clause providing countries participating in a joint procurement shall not run parallel negotiation processes for the same product. The deadline for amendments on the draft opinion was on 24 February and 61 amendments were tabled in total. Among others, the draft opinion of the Rapporteur Ms Barbara Thaler (EPP) focuses on effective better law-making tools that take subsidiarity and proportionality fully into account when drawing up scientifically based and balanced legislation, particularly for consumers and SMEs and on internal market objectives such as improving competitiveness, digitalisation, sustainability and consumer protection that should be underpinned by the enhanced use of scrutiny instruments such as the regulatory fitness and performance programme (REFIT) and the Regulatory Scrutiny Board. IMCO will vote on the draft opinion on 14/15 April and the vote in JURI is foreseen in May 2021. In the context of the exponential growth of the coronavirus disease (COVID-19), the President of the European Parliament has announced a number of measures to contain the spread of epidemic and to safeguard Parliament's core activities. The current precautionary measures adopted by the European Parliament to contain the spread of COVID-19 do not affect work on legislative priorities. Core activities are reduced, but maintained to ensure that the institution's legislative, budgetary, scrutiny functions are maintained. The meetings will be with remote participation for Members (being able to view and listen to proceedings, ask for the floor and intervene in the meeting). Other participants are invited to follow the meeting through webstreaming. Following these decisions, the next remote IMCO Committee Meeting will take place on Wednesday 14 April 2021, 13.45 - 15.45 and 16.45 - 18.45 and Thursday 14 April 2021, 9.30 - 12.30.
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