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20 Nov 2024 à 05:00
Politics & Economy
Questions and Answers - Agreement on the EU Annual Budget 2025
An agreement was reached on 16 November between the European Parliament and the Council of the European Union on the EU’s annual budget for 2025 Here are some targeted questions and answers to help you understand the issues What are the priorities of the annual budget for 2025? How is the Mid-Term Revision of the MFF reflected in the annual budget for 2025? The budget...
15 Nov 2024 à 05:00
Environment & Mobility
Progress in national climate policy efforts remains insufficient to achieve 2030 targets
A significant gap in policy ambition exists between globally agreed temperature goals and the emissions reductions of national climate targets, according to a new report on countries covered by the OECD’s International Programme for Action on Climate (IPAC). OECD (2024), The Climate Action Monitor 2024, OECD Publishing, Paris, https://doi.org/10.1787/787786f6-en According to the 4th edition of the Climate Action Monitor, Nationally Determined Contributions (NDCs) currently commit...
27 Oct 2024 à 04:00
Politics & Economy
COP29: MEPs set out their vision ahead of this year’s global climate talks
A few days ago, the Committee on the Environment, Public Health and Food Safety adopted its demands for the UN Climate Change Conference COP29. The resolution, adopted with 54 votes in favour, 23 against and four abstentions, calls on all countries to agree on a post-2025 new collective goal on climate finance at COP29. This goal should be socially fair, aligned with the polluter-pays principle,...
26 Oct 2024 à 04:00
Business & Law
Applying the European sustainability reporting standards
The European Commission is hosting a one-day seminar entitled ‘Supporting companies in applying the European sustainability reporting standards (ESRS)’ on 15 November 2024. The seminar will bring together experts and practitioners from Member State representations, business and trade associations, companies, consultancies, auditors and other stakeholders. Building on the Commission’s expert dialogue, held on 16 May 2024, the event will further explore the key challenges...
26 Oct 2024 à 04:00
Politics & Economy
For co-ordinated approaches on climate action, carbon pricing, and policy spillovers
21 Oct 2024 à 04:01
Tax
Country-by-Country Reporting soon to become "public"
Belgium has introduced public Country-by-Country Reporting ("public CbCR") through the law of 8 January 2024 amending the Belgian Code of Companies and Associations with respect to the disclosure of income tax information by certain undertakings and branches (Dutch/ French) ("Law"), and as further set out in the Royal Decree of 18 April 2024 (Dutch/French). This new reporting legislation implements the EU Directive 2021/2101 as regards...
10 Oct 2024 à 06:00
Bank, Insurance & Finances
"Recovery Rooms" fraud : the FSMA sound the alarm
The FSMA is again warning the Belgian public against certain companies suspected of recovery room fraud. Recovery room fraud is a practice whereby fraudsters offer to help victims of investment fraud to obtain compensation for their losses or to recover their lost assets. Generally, the fraudsters contact their victims by phone or by e-mail. The FSMA has noted, however, that victims sometimes come into contact...
08 Oct 2024 à 08:30
Business
Report on EU trade policy's implementation and enforcement
Enforcement of trade policy delivers prosperity and growth for EU companies The value of EU trade covered by the vast network of 42 agreements with 74 partners in place in 2023 was more than €2.3 trillion, having risen by over 30% over the past five years, according to the Annual Report on the implementation and enforcement of EU trade policy published today. EU exports to...
30 Sep 2024 à 12:13
Accountancy
IFAC Releases Third Installment in Implementation Support Series for Small Firms on the IAASB's Quality Management Standards
Today, the International Federation of Accountants (IFAC) released the third and final installment in its three-part publication series to help small- and medium-sized practices (SMPs) implement the International Auditing and Assurance Standards Board’s (IAASB) suite of quality management standards. Installment Three: Monitoring and Remediation provides tips and guidance for the practical implementation of the monitoring and remediation of a firm’s system of quality management.Installment Three...
27 Sep 2024 à 06:00
Apps, Cloud & Digital
OECD and UN: a strategic alliance for a secure and éthical AI Future
Foster human-centred, safe, secure and trustworthy AI … Meeting on the margins of the Summit of the Future at United Nations (UN) headquarters in New York, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Ulrik Vestergaard Knudsen and the UN Secretary-General’s Envoy on Technology, Under-Secretary-General Amandeep Singh Gill, announced a new enhanced collaboration between the UN and the OECD on global AI...
27 Sep 2024 à 06:00
Business & Law
Measures to ensure complete and timely transposition of EU directives
Commission takes action to ensure complete and timely transposition of EU Directives Belgium is thus singled ou in two process of transposing European directives > Corporate Sustainability Reporting Directive > procedures for renewable energy projectsRules The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The...
22 Sep 2024 à 13:00
Politics & Economy
Which future for the European Competitiveness ? In en outs of the Draghi Report ...
13 Sep 2024 à 04:00
Politics & Economy
The future of European competitiveness: report by Mario Draghi
The report looks at the challenges faced by the industry and companies in the Single Market. The findings of the report will contribute to the Commission’s work on a new plan for Europe’s sustainable prosperity and competitiveness. And in particular, to the development of the new Clean Industrial Deal for competitive industries and quality jobs, which will be presented in the first 100 days of...
06 Sep 2024 à 08:00
Tax
About Taxation and Inequality
> This report, commissioned by the Brazilian G20 Presidency ahead of the July 2024 G20 Finance Ministers and Central Bank Governors meeting, contributes to discussions on the role of tax systems in addressing inequality. It explores how tax systems can mitigate or exacerbate inequality with a focus on the distribution of income and wealth and identifies scope for potential reform. It zooms in...
05 Sep 2024 à 06:00
Business & Law
"Black and grey" lists of FATF : changes in 2024
The FATF identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML/CFT) in two FATF public documents that are issued three times a year. The FATF’s process to publicly list countries with weak AML/CFT regimes has proved effective. As of June 2024, the FATF has reviewed 133 countries and jurisdictions and publicly identified 108 of them. Of these, 84 have since made...
23 Aug 2024 à 04:00
Patrimony & personal finance
Real household income increases in most countries in the first quarter of 2024
Real household income per capita in the OECD rose by 0.9% in the first quarter of 2024, compared with 0.3% in the previous quarter, while real GDP per capita grew by 0.3% (Figure 1). All G7 economies experienced an increase in real household income per capita in Q1 2024. Italy saw the strongest increase (3.4%), driven by a rise in compensation of employees and social...
21 Aug 2024 à 08:00
Bank, Insurance & Finances
Financing SMEs and Entrepreneurs 2024, following OCDE rapport ...
Since 2020, a series of shocks to the global economy has had significant impacts on small and medium-sized enterprises (SMEs) and entrepreneurs and their access to finance. Most recently, significant inflationary pressures have led to tighter lending conditions, limiting the flow of finance to SMEs and acting as a barrier to investment OECD (2024), Financing SMEs and Entrepreneurs 2024: An OECD Scoreboard, OECD Publishing, Paris,...
02 Aug 2024 à 04:00
Tax