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GrahamBishop.com's weekly e-mails resume 4th September - now only updating the website occasionally. Happy holidays!

Graham Bishop at ECON's public hearing on DRF/eurobills - 1 April Video

"Capital Market Union": You heard it here first - 3 July '14

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Graham Bishop at 33 in Top 40 British EU policy 'influencers' link

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Graham Bishop @GrahamBishopcom
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#EBA publishes final templates for the 2014 #EU-wide #stress test
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6:40 PM Aug 20

#EIOPA - guidelines on Submission of Information to National Competent Authorities
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8:55 PM Aug 19

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The aim of the timelines is to give an overview of where the legislative process on a specific dossier stands. The co-decision process involves the three EU institutions (Commission, Parliament and Council). In a nutshell, the European Commission proposes a piece of legislation. Then the European Parliament and the Council separately debate the proposal. In the case of the European Parliament, MEPs formally table amendments to the Commission proposal and it has to be approved in the correspondent EP committee. It usually takes nine months to have a Parliamentary committee position on a dossier.

Once the EP has its positions and the Council also has also agreed on a common position, formal trialogue negotiations begin. These types of negotiation are held between the three institutions, and the final outcome would be the final legislative text. Since the beginning of the crisis, all the pieces of legislation on financial services have been approved in first reading, which usually takes one-and-a-half years to be completed.






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