Category: CTF

  • MIL-OSI Europe: Written question – Cutting red tape and the failure to extend the Omnibus provisions for SMEs to banking supervision and prudential requirements – E-001837/2025

    Source: European Parliament

    Question for written answer  E-001837/2025
    to the Commission
    Rule 144
    Mario Mantovani (ECR), Denis Nesci (ECR)

    The proposed Omnibus package lays down provisions to relieve the administrative burden on small and medium-sized enterprises (SMEs) under the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). SMEs would become exempt from the obligation to report on a series of environmental, social and governance (ESG) standards linked to environmental sustainability.

    However, this lifting of reporting and due diligence obligations would not extend to EU banking supervision and prudential requirements. In particular, the Capital Requirements Directive (CRD) and the Capital Requirements Regulation (CRR) would, regardless of the Omnibus exemption, continue to oblige SMEs to report on a series of ESG/ESR environmental sustainability factors and standards used to assess risk profiles in banking relations. Such an assessment would be particularly complicated and costly for SMEs, would require them to go to great lengths to provide the necessary information and could lead to difficulties in accessing credit for reasons that do not necessarily have any bearing on the way the company is managed. There is no point to the proposed Omnibus package if simplifications are not extended to the banking sector too.

    In view of this, given that the proposed Omnibus package lifts the obligation on SMEs to report sustainability metrics, does the Commission not think that it should provide for their exemption from ESG/ESR reporting obligations in the CRR and CRD with respect to banking supervision and prudential requirements?

    Submitted: 7.5.2025

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Statements of Reasons (SoRs) in the Digital Services Act (DSA) – E-001833/2025

    Source: European Parliament

    Question for written answer  E-001833/2025
    to the Commission
    Rule 144
    Markéta Gregorová (Verts/ALE)

    Digital platforms are required to submit SoRs, pursuant to Article 17 of the DSA and in conjunction with Article 24 (5) of the DSA, to the DSA Transparency Database. The corresponding application programming interface (API) documentation[1] provides, inter alia, the option ‘DECISION_VISIBILITY_CONTENT_LABELLED’ for reporting visibility restrictions.

    Does the Commission believe that the application of content labelling triggers the obligation to issue an SoR to the affected recipient of the service and therefore expect platforms to also report these SoRs to the DSA Transparency Database?[2]

    Submitted: 6.5.2025

    • [1] https://transparency.dsa.ec.europa.eu/page/api-documentation.
    • [2] See Müller-Terpitz/Köhler/Barudi, 1st edition 2024, DSA Article 17, marginal no 17.
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Highlights – Istanbul Convention baseline evaluation of the EU is launched – Committee on Women’s Rights and Gender Equality

    Source: European Parliament

    On Tuesday, 20 May 2025, the FEMM-LIBE Committees have invited the European Commission to present the procedure which has put in place to comply with the monitoring set out by the Istanbul Convention.

    The Group of Experts on Action against Violence against Women and Domestic Violence (GREVIO) launched its monitoring procedure in respect of the European Union in order to assess the legislative and other measures taken by the EU institutions, bodies and agencies to give effect to the provisions of the Council of Europe Convention on preventing and combating violence against women and domestic violence (Istanbul Convention). Following the entry into force of the Istanbul Convention in relation to the European Union on 1 October 2023, GREVIO transmitted its baseline evaluation questionnaire to the European Union.

    On 10 April, the European Commission adopted its Communication outlining the monitoring process set out by the Istanbul Convention and the procedures that the Commission intends to put in place to comply with this process. Aiming to serve as a reference point throughout the process, it outlines the Commission’s role, details the steps involved along with the expected timeline.

    MIL OSI Europe News

  • MIL-OSI USA: Bergman Introduces Bipartisan Resolution to Strengthen U.S.-Israel Defense Partnership

    Source: United States House of Representatives – Congressman Jack Bergman (MI-1)

    On Wednesday, Rep. Jack Bergman (MI-01), joined by Reps. Davis (NC-01), Golden (ME-02), and Goldman (TX-12), introduced a resolution reaffirming the United States’ steadfast commitment to Israel and calling for expanded U.S.-Israel defense cooperation in the face of evolving global threats.

    The resolution emphasizes the deep strategic alliance between the two nations, citing shared democratic values, regional stability priorities, and extensive military collaboration—including joint work on the Iron Dome, David’s Sling, and Arrow missile defense systems.

    “Our partnership with Israel is rooted in trust, strength, and shared national security interests,” said Rep. Jack Bergman.As threats grow more complex—ranging from cyberattacks to terrorism and state-sponsored aggression—we must double down on defense innovation and intelligence sharing. This resolution makes clear that Israel’s security is America’s security.”

    “In an increasingly dangerous world, the alliance between the United States and Israel has taken on even greater significance. Our partnership, marked by deepening bilateral defense collaboration, counters the threats posed by global extremists,” said Congressman Don Davis. “By working closely, we will only strengthen our national security and reinforce the fundamental principles that unite us—democracy and freedom.”

    “When our allies embrace their responsibility to help defend against mutual threats, families are safer in both of our countries,” said Congressman Jared Golden.Israel has stepped up to the plate to counter the drone and digital tactics favored by our enemies. I fully support the continued coordination of intelligence and defense efforts to protect Americans and Israelis alike from both independent terrorist organizations and state-sponsored aggressors.”

    Rep. Craig Goldman stated, “For decades, the United States has stood shoulder to shoulder with Israel, demonstrating our steadfast partnership. I’m proud to join Representatives Bergman, Davis, and Golden in co-sponsoring this resolution to strengthen the U.S.-Israel defense partnership. This measure reaffirms our security cooperation and emphasizes our commitment to expanding defense collaboration between our two nations. The national security of both the United States and Israel depends on a strong and enduring defense alliance.”

    The resolution highlights recent advancements in joint defense initiatives such as counter-unmanned aircraft systems (C–UAS) and anti-tunneling technologies, developed through cooperation at the Irregular Warfare Support Directorate. It also calls for prioritizing emerging technologies like artificial intelligence and cybersecurity during the renegotiation of the U.S.-Israel Memorandum of Understanding (MOU).

    If adopted, the resolution would reaffirm congressional support for Israel’s right to self-defense, endorse further investment in bilateral defense initiatives, and ensure Israel retains its qualitative military edge in an increasingly volatile region.

    Rep. Bergman concluded, “This resolution reinforces a message our adversaries must hear loud and clear: the United States stands firmly with Israel—today, tomorrow, and in the future.”

    MIL OSI USA News

  • MIL-OSI USA: ADL Report: Congressman Brad Sherman Named Top Target of Antisemitic Hate in the House of Representatives

    Source: United States House of Representatives – Congressman Brad Sherman (D-CA)

    WASHINGTON, D.C. – Following a report released by the Anti-Defamation League (ADL) identifying him as the most targeted Member of the House of Representatives for antisemitic abuse, Congressman Brad Sherman (CA-32) issued the following statement:

    “The findings in the ADL’s report are disturbing but not surprising. Antisemitism is on the rise, and it’s hitting closer to home than ever. When hate is left unchecked online, it doesn’t stay online—it seeps into our communities, our institutions, and even our government. So unfortunately, it’s no surprise that this uptick in online hate coincides with the rise in offline antisemitism – which has reached record-breaking levels since Hamas’s massacre of 1,200 innocent Israelis, Americans, and others on October 7th, 2023. 

    This wave of hate has continued to impact constituents in and near my district: two Jewish men were shot in an attempted murder while leaving religious services in Pico-Robertson[1]; a Jewish couple was assaulted outside of their synagogue in Beverly Hills[2]; the infamous antisemitic riot outside of the Adas Torah synagogue on Pico Boulevard, wherein an anti-Israel mob tried to prevent worshippers from entering the synagogue and assaulted a number of Jewish community members.[3] And just outside my district in Thousand Oaks, a 69 year old Jewish man, Paul Kessler, was brutally assaulted and killed by a anti-Israel protester.

    I will not be intimidated. I will not be silenced. I’ve spent my career standing up to extremism and antisemitism, and defending the right of all marginalized groups – including American Jews – to live in peace. That commitment only deepens in the face of these attacks.”

    In a report that was released on May 8, Anti-Defamation League researchers said they collected and analyzed antisemitic comments directed at 30 Jewish members of Congress with Facebook accounts. 

    The report concluded that among these 30 Jewish members of Congress, the most frequently targeted Senators were Bernie Sanders (D-VT) and Chuck Schumer (D-NY), while Congressman Brad Sherman stood as the most frequently targeted in the House of Representatives. 

    To read the ADL’s full report, click here.

    ###


    [1] U.S. DOJ: Former California Man Sentenced to 35 Years in Prison for Attempting to Murder Two Jewish Men Leaving Los Angeles Synagogues Last Year
    https://www.justice.gov/archives/opa/pr/former-california-man-sentenced-35-years-prison-attempting-murder-two-jewish-men-leaving-los

    [2] ‘Despicable act of hate’: Suspect arrested after antisemitic assault in Beverly Hills

    https://www.latimes.com/california/story/2023-12-10/arrest-made-in-the-antisemitic-assault-of-an-elderly-man-in-beverly-hills

    [3] JPost: Lawsuit hits protest groups, funder over Pico-Robertson synagogue riots

    https://www.jpost.com/diaspora/antisemitism/article-812203

    MIL OSI USA News

  • MIL-OSI USA: Congressman Valadao Introduces Legislation to Improve Access to Healthcare in Rural Communities

    Source: United States House of Representatives – Congressman David G Valadao (CA-21)

    WASHINGTON – Today, Congressman David Valadao (CA-22) and Congressman Adam Gray (CA-13) introduced the Telehealth Network and Telehealth Resource Centers Grant Program Reauthorization Act. This bipartisan bill would provide investment in rural healthcare by reauthorizing the telehealth network and telehealth resource centers grant programs through Fiscal Year 2030.

    “In the Central Valley and rural communities across the country, telehealth isn’t just a convenience—it’s a lifeline,” said Congressman Valadao. “With too few doctors, long wait times, and clinics often hours away, families are still struggling to get the care they need. This bipartisan bill gives Valley families the flexibility and tools required to better connect with providers, and I’m proud to join Congressman Gray in strengthening rural healthcare for the long haul.”

    “In rural areas like the Central Valley, access to telehealth may be the only way folks can see a medical provider,” said Congressman Gray. “While our community experiences one of the worst physician shortages in the country, we need to make it easier to get care—not harder. This bipartisan, commonsense bill to reauthorize telehealth network and resource grants will allow families to access care no matter where they live.”  

    Background:

    Originally enacted in 1944, the Public Health Service Act (PHSA) provides the foundation for the nation’s public health programs and workforce. Over the years, it has been a critical tool in addressing America’s evolving health care needs—particularly in rural and underserved communities where access to quality care remains a challenge.

    Through key provisions supporting community health centers, workforce development programs, and telehealth expansion, the PHSA has helped bring vital services to millions of Americans living in rural areas. Reauthorizing the telehealth network and telehealth resource grant programs ensures continued investment in initiatives that recruit and retain health professionals in rural communities, strengthens rural hospitals and clinics, and closes the geographic gaps in receiving quality care.

    Read the full bill here.

    ###

    MIL OSI USA News

  • MIL-OSI Banking: Apple brings insights, ratings, and reviews from expert sources to Apple Maps

    Source: Apple

    Headline: Apple brings insights, ratings, and reviews from expert sources to Apple Maps

    UPDATE May 14, 2025

    Users can now view and search for restaurants and hotels in the U.S. with distinctions from MICHELIN Guide; The Infatuation and Golf Digest coming soon

    Starting today, Apple Maps makes it even easier for users to search and discover top-ranked restaurants, hotels, golf courses, and more, with the addition of rankings and insights from expert sources. Users can now view and search for MICHELIN-starred, Green Star, and Bib Gourmand restaurants — along with MICHELIN Key hotels — starting in the U.S., with support for additional regions coming in the future. Soon, rankings and insights from The Infatuation and Golf Digest will also be added to Maps, with more expert sources to follow.

    With this update, place cards will now reflect distinctions, descriptions, and images from expert sources. Additionally, for select hotels, users can now book directly from Maps, with the option to schedule restaurant reservations through MICHELIN and tee times through Supreme Golf coming soon.

    “MICHELIN Guide, The Infatuation, and Golf Digest are leading industry experts that consumers rely on for finding the best restaurants, hotels, and golf courses, and we’re excited to bring their valuable insights and accolades to our users in Apple Maps,” said David Dorn, Apple’s senior director of Internet Software and Services Product. “These new integrations make Maps an even more useful and seamless resource for users to discover great new places whether in their hometown or traveling somewhere new.”

    “We are pleased to bring MICHELIN Guide’s expertise to Apple Maps. The integration of MICHELIN Guide’s ratings, expert insights, and booking services into Apple Maps will significantly enhance global access to exceptional gastronomy and hospitality experiences,” said Gwendal Poullennec, MICHELIN Guide’s international director. “By bringing MICHELIN Guide’s restaurant and hotel distinctions into the Apple Maps app, we are providing travelers and food enthusiasts with easy and convenient access to MICHELIN’s curated recommendations and insights for their next memorable experience.”

    “Apple and The Infatuation share a commitment to high-quality content — and we are thrilled to soon bring our authentic, relatable, and curated restaurant recommendations to Apple Maps,” said Paul Needham, CEO of The Infatuation. “It’s important for us to meet users where they are, and we know Apple Maps is a key part of their daily lives, making this integration a natural fit.”

    “As the leading authority in golf course rankings and reviews, Golf Digest is proud to bring our trusted insights to Apple Maps,” said Meredith Bausback, Golf Digest’s vice president of Marketing & Audience Development. “This integration will soon empower golfers to discover and choose courses with the confidence that comes from decades of expert evaluation.”

    To use this feature, users can leverage search filters in Maps and find places with these distinctions. To explore more great places around the world, users can also view curated guides from MICHELIN Guide, The Infatuation, and Golf Digest.

    MIL OSI Global Banks

  • MIL-OSI: Fiera Capital Corporation announces increase to previously announced bought deal offering of 7.75% Senior Subordinated Unsecured Debentures to $70 million

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) — Fiera Capital Corporation (“Fiera Capital” or the “Company”) (TSX: FSZ) is pleased to announce that, due to strong demand, it has entered into a revised agreement with Scotiabank, CIBC Capital Markets, Desjardins Capital Markets and RBC Capital Markets, as joint bookrunners, on behalf of a syndicate of underwriters which also included National Bank Financial Inc., BMO Capital Markets, TD Securities Inc., Canaccord Genuity Corp., iA Private Wealth Inc. and Raymond James Ltd. (collectively, the “Underwriters”), to increase the size of its previously announced bought deal offering of senior subordinated unsecured debentures due June 30, 2030  (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”) to $70 million. Fiera Capital has also granted the Underwriters an option to purchase up to an additional $10.5 million aggregate principal amount of Debentures, on the same terms and conditions, exercisable in whole or in part, for a period of 30 days following closing of the Offering. The Offering is expected to close on or about June 3, 2025.

    The Debentures will bear interest at a rate of 7.75% per annum, payable semi-annually in arrears on June 30 and December 31 of each year, with the first interest payment on December 31, 2025. The December 31, 2025 interest payment will represent accrued interest from the closing of the Offering, to but excluding December 31, 2025. The Debentures will mature on June 30, 2030 (the “Maturity Date”).

    The Debentures will not be redeemable prior to June 30, 2028 (the “First Call Date”), except upon the occurrence of a change of control of the Company in accordance with the terms of the indenture (the “Indenture”) governing the Debentures. On and after the First Call Date and prior to June 30, 2029, the Debentures will be redeemable in whole or in part from time to time at the Company’s option at a redemption price equal to 103.875% of the principal amount of the Debentures redeemed plus accrued and unpaid interest, if any, up to but excluding the date set for redemption. On and after June 30, 2029 and prior to the Maturity Date, the Debentures will be redeemable, in whole or in part, from time to time at the Company’s option at par plus accrued and unpaid interest, if any, up to but excluding the date set for redemption. The Company shall provide not more than 60 nor less than 30 days’ prior notice of redemption of the Debentures.

    The Company will have the option to satisfy its obligation to repay the principal amount of the Debentures due at redemption or maturity by issuing and delivering that number of freely tradeable Class A subordinate voting shares (the “Class A Shares”) in accordance with the terms of the Indenture.

    The Debentures will not be convertible into Class A Shares at the option of the holders at any time.

    The net proceeds of the Offering will be used to fund the redemption of the Company’s 8.25% Senior Subordinated Unsecured Debentures due December 31, 2026 (the “2026 Debentures”) that the Company intends to effect on the first call-date, December 31, 2025, and for general corporate purposes. Pending such use, the net proceeds from the Offering will temporarily be used by the Company to reduce indebtedness under the Company’s unsecured revolving credit facility. The foregoing is not a redemption notice with respect to the 2026 Debentures. Any redemption of the 2026 Debentures will be made pursuant to a notice of redemption under the indenture governing those securities.

    The Debentures will be direct, senior subordinated unsecured obligations of the Company which will rank pari passu with one another and will rank (a) effectively subordinate to any existing and future secured indebtedness of the Company but only (other than with respect to the Senior Credit Facilities (as defined in the Indenture)) to the extent of the value of the assets securing such secured indebtedness, (b) subordinate to the obligations under the current and future Senior Credit Facilities (as defined in the Indenture), (c) pari passu with the Company’s existing 2026 Debentures and 6.00% Senior Subordinated Unsecured Debentures due June 30, 2027 and, except as prescribed by law, all existing and future unsecured indebtedness (other than the Senior Credit Facilities) that by its terms is not subordinated in right of payment to the Debentures, including indebtedness to trade creditors, and (d) senior to all existing and future unsecured indebtedness that by its terms is subordinated in right of payment to the Debentures, including any convertible unsecured subordinated debentures which may be issued by the Company in the future. In addition, the Debentures will be structurally subordinated to all existing and future indebtedness and other liabilities of the Company’s subsidiaries.

    A preliminary short form prospectus will be filed with securities regulatory authorities in all provinces of Canada. The Offering is subject to customary regulatory approvals, including the approval of the Toronto Stock Exchange.

    The securities to be offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    Legal advisors

    Legal advice is being provided to Fiera Capital by Fasken Martineau DuMoulin LLP. Legal advice is being provided to the Underwriters by Norton Rose Fulbright Canada LLP.

    Forward-Looking Statements

    This document may contain certain forward-looking statements relating to future events or, future performance reflecting management’s expectations or beliefs regarding future events, including, without limitation, business and economic conditions, outlook and trends, Fiera Capital’s growth, results of operations, performance, business prospects and opportunities, objectives, plans and strategic priorities, new initiatives, such as those related to sustainability and other statements that do not refer to historical facts. In particular, this press release includes forward-looking statements relating to the proposed timing of completion of the Offering and the anticipated use of the net proceeds of the Offering. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. These forward-looking statements may typically be identified by words and expressions such as “assumption, “continue”, “estimate”, “forecast”, “goal”, “guidance”, “likely”, “plan”, “objective”, “outlook”, “potential”, “foresee”, “project”, “strategy”, “target”, and other similar words or expressions or future or conditional verbs (including in their negative form), such as “aim”, “anticipate”, “believe”, “could”, “expect”, “foresee”, “intend”, “may”, “plan”, “predict”, “seek”, “should”, “strive” and “would”.

    Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on several assumptions, which make it possible for actual results or events to differ materially from management’s expectations and that predictions, forecasts, projections, expectations, conclusions or statements will not prove to be accurate. As a result, Fiera Capital does not guarantee that any forward-looking statement will materialize and readers are cautioned not to place undue reliance on these forward-looking statements. These risks include, but are not limited to, the failure or delay in satisfying any of the conditions to the completion of the Offering. Additional factors include, but are not limited to, market and general economic conditions, the nature of the financial services industry, and the risks and uncertainties detailed from time to time in Fiera Capital’s interim condensed and annual consolidated financial statements, and its latest Annual Report and Annual Information Form filed on www.sedarplus.ca. These forward-looking statements are made as of the date of this document, and Fiera Capital assumes no obligation to update or revise them to reflect new events or circumstances.

    About Fiera Capital Corporation

    Fiera Capital is a leading independent asset management firm with a growing global presence. The Company delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary and private wealth clients across North America, Europe and key markets in Asia and the Middle East. Fiera Capital’s depth of expertise, diversified investment platform and commitment to delivering outstanding service are core to our mission of being at the forefront of investment management science to create sustainable wealth for clients. Fiera Capital trades under the ticker FSZ on the Toronto Stock Exchange.

    Headquartered in Montreal, Fiera Capital, with its affiliates in various jurisdictions, has offices in over a dozen cities around the world, including New York (U.S.), London (UK), Hong Kong (SAR) and Abu Dhabi (ADGM).

    Each affiliated entity (each an “Affiliate”) of Fiera Capital only provides investment advisory or investment management services or offers investment funds in the jurisdictions where the Affiliate is authorized to provide services pursuant to the relevant registrations, an exemption from such registrations and/or the relevant product is registered or exempt from registration.

    Fiera Capital does not provide investment advice to U.S. clients or offer investment advisory services in the U.S. In the U.S., asset management services are provided by Fiera Capital’s Affiliates who are investment advisers that are registered with the U.S. Securities and Exchange Commission (SEC) or exempt from registration. Registration with the SEC does not imply a certain level of skill or training. For details on the particular registration of, or exemptions therefrom relied upon by, any Fiera Capital entity, please consult https://www.fieracapital.com/en/registrations-and-exemptions

    Additional information about Fiera Capital, including its Annual Information Form, is available on SEDAR+ at www.sedarplus.ca

    SOURCE Fiera Capital Corporation

    The information contained in press releases and company news is valid as of the date indicated. You should not assume that statements remain accurate or valid after the date.

    For more information: Analysts and investors, Marie-France Guay, Senior Vice President, Treasury and Investor Relations, Fiera Capital Corporation, 514 294-5878, mguay@fieracapital.com

    The MIL Network

  • MIL-OSI: Nasdaq Applauds Signing of Senate Bill 29, Strengthening Texas’ Standing as a National Leader in Corporate Governance and Innovation

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 14, 2025 (GLOBE NEWSWIRE) — Today, Nasdaq issued a statement in support of Texas Senate Bill 29 after Governor Abbott signed the bill into law. This legislation, which codifies the Business Judgment Rule and promotes predictability in corporate governance litigation, enhances Texas’ competitiveness as a jurisdiction for incorporation and business growth. Nasdaq’s Executive Vice Chairman Ed Knight joined Governor Abbott, leadership from the Texas legislature, and other Texas business community leaders for the signing ceremony.

    “Senate Bill 29 is a milestone for corporate governance in Texas. By embracing smart, innovation-focused regulation like SB 29, Texas is showing the world what it means to lead on economic growth and modern, clear governance principles,” said Ed Knight, Executive Vice Chairman of Nasdaq. “We commend Senator Bryan Hughes, Representative Morgan Meyer, and Governor Greg Abbott for advancing legislation that strengthens Texas’ position as a global center for capital formation.”

    Texas has become a national model for innovation-driven policy that balances economic growth with investor confidence. The passage of SB 29 aligns with Nasdaq’s mission to promote fair, efficient, and accessible capital markets, and reinforces Texas as a destination for corporate formation and public company investment. Nasdaq has a longstanding history of advocating for clients by minimizing the complexity associated with navigating the public markets. Its efforts for corporate issuers encompass addressing issues such as the SEC’s proposed climate disclosure rules, cyber disclosure rules, proxy advisory reform, AI regulation, PCAOB reforms, and emerging growth company timelines.

    “At Nasdaq, we are honored to have been part of the Texas community for nearly two decades” said Rachel Racz, Senior Vice President, Head of Listings for Texas, Southern U.S. and Latin America at Nasdaq. “We remain committed to advocating for our clients on both a federal and local level and supporting the bold Texas leadership that continues to power our state’s dynamic economy.”

    Nasdaq’s presence in Texas continues to expand. The company recently announced the opening of a new regional headquarters in Dallas, serving as a Southeast hub and convening space for its Texas-based clients. Nasdaq currently is home to over 200 listed companies headquartered in the state and generates over $750 million in revenues in Texas and the Southeast region of the U.S., partnering with over 2,000 clients, approximately 800 of which are based in Texas.

    About Nasdaq

    Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Nasdaq Media Contact

    Michelle Mendiola
    (646) 634-8350
    michelle.mendiola@nasdaq.com

    Chris Hayden
    (301) 523-5829
    christopher.hayden@nasdaq.com 

    Cautionary Note Regarding Forward-Looking Statements

    Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, information regarding our regional presence. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    The MIL Network

  • MIL-OSI: Boralex announces the election of its directors and highlights of its Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    MONTREAL, May 14, 2025 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) held its annual meeting of shareholders earlier today. During the meeting chaired by Alain Rhéaume, Chairman of the Board, shareholders elected directors and adopted the resolutions proposed.

    Mr. Rhéaume opened the meeting by outlining Boralex’s highlights for the year 2024, during which the Company continued to stand out thanks to the agility and flexibility that have long characterized it. He pointed out that the Company had achieved several important and structuring achievements in 2024, in addition to maintaining its growth strategy aimed at sustainability and value creation. He also underlined the arrival of three new directors: Ricky Fontaine, Nadia Martel and Rémi G. Lalonde. These appointments reflect a commitment to ongoing renewal and to maintaining the highest level of expertise, skills and diversity on the Board of Directors. Finally, Mr. Rhéaume announced to shareholders that Boralex’s 2030 Strategy will be presented at an Investor Day on June 17.

    Election of directors 

    All nominees proposed in the Management Proxy Circular dated March 7, 2025, were elected directors of Boralex by the shareholders present or represented by proxy at the meeting. The results of the vote were as follows: 

    Nominee  For  Against 
      # % # %
    André Courville 76,556,022 98.95 812,983 1.05
    Lise Croteau 76,824,339 99.30 544,666 0.70
    Patrick Decostre 76,561,100 98.96 807,905 1.04
    Marie-Claude Dumas 74,681,322 96.53 2,687,683 3.47
    Ricky Fontaine 74,609,408 96.43 2,759,597 3.57
    Rémi G. Lalonde 75,192,680 97.19 2,176,325 2.81
    Patrick Lemaire 75,020,952 96.97 2,348,053 3.03
    Nadia Martel 77,339,203 99.96 29,802 0.04
    Dominique Minière 76,551,622 98.94 817,383 1.06
    Alain Rhéaume 72,224,746 93.35 5,144,259 6.65
    Zin Smati 75,171,508 97.16 2,197,496 2.84
    Dany St-Pierre 76,127,159 98.39 1,241,845 1.61

    The final voting results on all questions submitted to a vote at the Annual Meeting will be filed with SEDAR+ (www.sedarplus.ca).

    About Boralex

    At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France’s largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to over 3.2 GW. Our pipeline of projects and growth path total over 78GW in wind, solar and electricity storage projects. We develop those projects guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex’s shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.  

    For more information, visit boralex.com or sedarplus.com. Follow us on Facebook, Twitter, LinkedIn and Instagram.

    For more information

    MEDIA INVESTOR RELATIONS
    Camille Laventure
    Senior Advisor, Public Affairs and External
    Communications

    Boralex Inc.

    438-883-8580
    camille.laventure@boralex.com

    Stéphane Milot
    Vice President, Investor Relations and Financial
    Planning & Analysis

    Boralex Inc.

    514-213-1045
    stephane.milot@boralex.com

    Source: Boralex inc.        

    The MIL Network

  • MIL-OSI: S&P assigns Positive Outlook to Banco Itaú Chile’s Risk Rating

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, May 14, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) – – S&P Global Ratings (“S&P”) revised its outlook on Banco Itau Chile to “Positive” from “Stable”, based on an improvement in asset quality metrics, strengthened capitalization and a decrease in its exposure to Colombia.

    Additionally, S&P affirmed its ‘BBB+’ long- term issuer credit rating for Banco Itaú Chile.

    For detailed information, please visit Banco Itaú Chile’s Investor Relations website at ir.itau.cl.

    Investor Relations – Banco Itaú Chile
    IR@itau.cl | ir.itau.cl

    The MIL Network

  • MIL-OSI USA: PHILADELPHIA – Shapiro Administration to Announce $3.4 Million Investment to Support Farms, Expand Fresh, Affordable Food Availability Across Pennsylvania

    Source: US State of Pennsylvania

    May 15, 2025Philadelphia, PA

    ADVISORY – PHILADELPHIA – Shapiro Administration to Announce $3.4 Million Investment to Support Farms, Expand Fresh, Affordable Food Availability Across Pennsylvania

    Agriculture Secretary Russell Redding will announce recipients of Pennsylvania’s Fresh Food Financing Initiative grants, a $3.4 million investment in connecting low-income communities with fresh, healthy, affordable food produced by local farms.

    Sec. Redding will be joined at Weaver’s Way Co-op by farmers and food business leaders to share insights from a roundtable discussion held just prior to the announcement. The discussion will explore the challenges farmers face in getting fresh food to those who need it, as well as solutions provided in Governor Josh Shapiro’s proposed budget. The Governor’s budget includes $8 million in food assistance funding increases, plus initiatives to tackle root causes of food insecurity during a time when federal funding cuts are magnifying regional food supply challenges for farmers and families, and when proposed cuts to core food programs like the Supplemental Nutrition Assistance Program (SNAP) threaten to shift billions in costs onto states like Pennsylvania and leave more children at risk of going hungry.

    In late March, Governor Shapiro called on Sec. Redding to appeal USDA’s abrupt cancellation of $13 million in Local Food Purchasing Program funds that would benefit 189 Pennsylvania farms over the next three years. To date, the USDA has not acknowledged or responded to the appeal.

    WHO:
    Agriculture Secretary Russell Redding
    Senator Vincent J. Hughes
    Representative Andre D. Carroll
    Weaver’s Way Co-op General Manager Jon Roesser
    The Food Trust President and CEO Mark Edwards

    WHEN:
    Thursday, May 15 at 11:15 a.m.

    WHERE:
    Weavers Way Co-Op Germantown Outreach Office
    326b West Chelten Ave.
    Philadelphia, PA 19144

    RSVP: Press attending should RSVP with news outlet and photographer and reporter names to aginfo@pa.gov.

    MIL OSI USA News

  • MIL-OSI Europe: Written question – Moldova – E-001834/2025

    Source: European Parliament

    Question for written answer  E-001834/2025
    to the Commission
    Rule 144
    Fernand Kartheiser (ECR)

    On 17 April 2025, the Moldovan authorities prevented Archbishop Marchel, of the Moldovan Orthodox Church linked to the Moscow Patriarchate, from travelling to Jerusalem for the the Holy Fire Ceremony. He was detained at Chisinau airport without any official explanation, raising concerns about respect for religious freedom.

    As the EU has opened accession negotiations with Moldova, the country is obliged to fully respect the fundamental principles of the Union, such as the rule of law, human rights and religious freedoms. Any failure to respect these values could jeopardise its future within the European Union.

    In light of the above:

    • 1.What is the Commission’s view of this incident? Does the Commission view this as an infringement of religious freedom in Moldova?
    • 2.Does the Commission intend to raise this issue with the Moldovan authorities and warn them that they must avoid the kind of abuse in Moldova that we have seen perpetrated in Ukraine, namely against Orthodox Christians belonging to the Moscow Patriarchate or Russian-speaking citizens?

    Submitted: 7.5.2025

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – NECCA’s mismanagement of environmental resources to the benefit of Nea Dimokratia’s propaganda team revealed – E-001806/2025

    Source: European Parliament

    Question for written answer  E-001806/2025
    to the Commission
    Rule 144
    Nikolas Farantouris (The Left)

    Greece’s Natural Environmental and Climate Change Agency (NECCA), which is supervised by the Ministry of the Environment and Energy, was established in 2020 following the transposition into Greek law of Directive (EU) 2018/844 and Directive (EU) 2019/692 of the European Parliament and of the Council. The agency is responsible for coordinating national environmental and biodiversity protection policy.

    Recent reports from Greek and European media outlets have denounced that NECCA awarded contracts for communication services[1] worth more than EUR 1 million to companies owned by persons with ties to the ruling Nea Dimokratia party – namely Thomas Varvitsiotis and Yiannis Olympios[2]. The reports reveal that one of these companies, Blue Skies, employs staff that in fact work for the Nea Dimokratia party propaganda team, ‘Team Truth’, raising serious questions about the possible diversion of national and European environmental funds for party purposes[3].

    At the same time, civil society organisations complain[4] that NECCA is failing to manage protected areas, secure funding and fulfil the country’s obligations under EU law.

    In light of the above, can the Commission say:

    • 1.Is the Commission aware of these complaints, which may call into question Greece’s compliance with environmental protection obligations?
    • 2.Does the Commission intend to investigate whether funds earmarked for environmental protection are being misused to fund the ruling group’s political propaganda machine?

    Submitted: 5.5.2025

    • [1] https://www.in.gr/2025/04/26/politics/politiki-grammateia/symvaseis-xiliadon-eyro-metaksy-dimosiou-kai-etaireion-pou-idrysan-galazia-paidia-misthodotoumena-apo-tin-blue-skies-kai-ergazomena-se-nd-maksimou/
    • [2] https://www.politico.eu/article/financing-scandal-rocks-greece-ruling-party-new-democracy/
    • [3] https://insidestory.gr/article/poia-einai-i-etaireia-poy-stegazei-kentrika-prosopa-toy-mihanismoy-propagandas-tis-nd
    • [4] https://www.topontiki.gr/2025/04/23/ofipeka-afthono-chrima-stin-omada-alithias-pliris-adiaforia-gia-tin-parnitha-ti-katangelloun-ethelontes/
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Need for sanctions and embargo on the sale of military equipment in response to Türkiye’s threats to invade Cyprus – E-001809/2025

    Source: European Parliament

    Question for written answer  E-001809/2025
    to the Commission
    Rule 144
    Geadis Geadi (ECR)

    A few days ago, the Turkish Ministry of Defence launched direct threats against Cyprus. In what is a total provocation and failure to respect the European Union, the Republic of Cyprus’ status as an EU Member State or Türkiye’s supposed aspirations to EU membership, the Ministry has stated its intention to launch a fresh invasion of Cyprus or, as it calls it, a second ‘peaceful’ intervention in Cyprus.

    At the same time, Turkish Foreign Minister Hakan Fidan has once again referred to a two-state solution in Cyprus, which is completely incompatible with international law, which constitutes the foundation of European principles and values.

    Can the Commission therefore answer the following:

    • 1.With European Commissioners referring to Türkiye as an ‘important partner’ and ‘strategic ally’, while putting up with the country’s threats to relaunch its invasion of the European territories of the Republic of Cyprus and firmly upholding their double standards – which calls into question European strength and sovereignty – when will this farce end?
    • 2.Will it continue to support defence cooperation with Türkiye and tolerate the use of European military equipment against Member States, or will there finally be serious discussions on the need for an embargo on the sale of European equipment to Türkiye?
    • 3.Will it finally stop its funding to Türkiye and, at the same time, move forward with harsh economic and other sanctions, or will it wait for Türkiye to make good on its threats?

    Submitted: 2.5.2025

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – State of water in the River Limia drainage basin and the As Conchas reservoir – E-001822/2025

    Source: European Parliament

    Question for written answer  E-001822/2025
    to the Commission
    Rule 144
    Nicolás González Casares (S&D)

    On 26 March 2025, it was reported that legal proceedings had been started by residents living near the As Conchas reservoir, fed by the River Limia. The proceedings relate to nitrate pollution and its consequences for water quality, impact on health and the quality of the environment, particularly eutrophication.

    The Commission brought a case against Spain at the CJEU – in case C-576/22 – which covered, among other matters, the eutrophication in the water and the failure to designate vulnerable zones in Galicia.

    The Spanish Government has passed Royal Decree 47/2022, which made it compulsory for autonomous communities to declare vulnerable zones; as a result, the Galician Regional Government announced the creation of a number of vulnerable zones, including in the district of Limia.

    In light of this:

    • 1.Is the Commission monitoring the state of water in the district of Limia and downstream, in the As Conchas reservoir?
    • 2.Is the Commission considering issuing a recommendation to the Member State authorities to go further than designating a vulnerable zone?
    • 3.Is the Commission considering opening an infringement procedure in this regard?

    Submitted: 6.5.2025

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Packaging and Packaging Waste Regulation – E-001023/2025(ASW)

    Source: European Parliament

    The Impact Assessment[1] of the new Packaging and Packaging Waste Regulation[2] examined the economic impacts, also in quantitative terms, on businesses, including small and medium-sized enterprises (SMEs) . This assessment was done for the whole package of measures but also for specific measures, such as reuse targets. I t concluded that, overall, the new rules do not result in increased compliance costs for businesses. W here however, significant administrative burden was anticipated, mitigation measures were introduced , such as exemptions for small businesses or reduced requirements. Micro-enterprises were exempted from many requirements and granted alleviations[3].

    The Commission will develop implementing legislation with a specific focus to prevent that SMEs face disproportionate administrative burden. Furthermore, it will consider coming up with guidance to help SMEs comply with the new rules. More generally, one of the key criteria for this implementing legislation will be the competitiveness of the EU businesses, in line with recent Commission communications[4].

    The Commission anticipates big efficiency gains as regards the enforcement of the reuse targets, also due to digitalisation[5]. Moreover, Member States have several possibilities to exempt operators from the reuse targets, subject to the local conditions. These measures ensure a proportionate implementation of the reuse targets established in the regulation.

    • [1] https://environment.ec.europa.eu/document/download/920f946e-4e98-4de5-b1e5-c948a81a10f5_en.
    • [2] Regulation (EU) 2025/40 of the European Parliament and of the Council of 19 December 2024 on packaging and packaging waste, amending Regulation (EU) 2019/1020 and Directive (EU) 2019/904, and repealing Directive 94/62/EC, OJ L, 2025/40, 22.1.2025.
    • [3] For instance, as regards reporting to the producer responsibility organisations.
    • [4] https://commission.europa.eu/law/law-making-process/better-regulation/simplification-and-implementation_en.
    • [5] The regulation has established digital labels for reusable packaging, which would allow tracking of the rotations of the reusable packaging; digital tracking of the achieved rotations of the reusable packaging can facilitate demonstration of compliance of the economic operators with the new Regulation. This can ensure lower administrative costs, especially for small companies.
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Use of the Commission President’s X account for party political activities – E-001836/2025

    Source: European Parliament

    Question for written answer  E-001836/2025
    to the Commission
    Rule 144
    Fabio De Masi (NI)

    In the Commission’s view, is it permissible for Commission President Ursula von der Leyen to regularly advertise party political activities (e.g. during the election campaign as the EPP’s lead candidate) on her Commission President X account? Are Commission staff involved in this work[1]?

    Submitted: 7.5.2025

    • [1] Reference: https://x.com/vonderleyen/status/1917275143082225873
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Latest developments in western Syria – E-001117/2025(ASW)

    Source: European Parliament

    The Assad regime’s fall has been a historic moment for the Syrian people. Throughout the conflict, including in the 2018 Council conclusions on Syria[1], the EU condemned the Assad regime’s brutal violations of international law and deliberate and indiscriminate attacks against civilians, including the use of chemical weapons. What was discovered since the fall of the regime only confirmed its brutality.

    In this critical period, the EU supports an inclusive, peaceful, Syrian-led and Syrian-owned transition built on the respect of international law and human rights. In this context, the EU has welcomed the interim authorities’ first positive steps towards an inclusive transition, such as the National Dialogue Conference, the Constitutional Declaration, and the formation of the new government. The EU is in contact with interim authorities and local actors, including civil society, to strongly advocate for tolerance and pluralism. The EU remains attentive to the actions of the new authorities in ensuring the protection of all Syrians, regardless of their background, notably ethnic or religious, and upholding the universality and indivisibility of human rights and the principles of equality and non-discrimination.

    Gravely alarmed by the violence in Syria’s coastal region, on 11 March 2025, the High Representative/Vice-President issued a statement[2] on behalf of the EU strongly condemning the attacks by pro-Assad militias and the horrific crimes against civilians, including summary killings, many of which were allegedly perpetrated by armed groups supporting the transitional authorities. The EU called for a swift, transparent and impartial investigation to ensure that perpetrators are brought to justice, and welcomed the transitional authorities’ establishment of an independent investigative committee. Everything must be done to prevent any such crimes from happening again.

    • [1] https://data.consilium.europa.eu/doc/document/ST-7956-2018-INIT/en/pdf .
    • [2] https://www.consilium.europa.eu/en/press/press-releases/2025/03/11/syria-statement-by-the-high-representative-on-behalf-of-the-european-union-on-the-recent-wave-of-violence/.
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Lake Trichonida – ‘Energy Centre’ in a Natura area – E-001078/2025(ASW)

    Source: European Parliament

    The Commission has not been made aware of the project referred to by the Honourable Member but is aware of the importance of protecting natural habitats and species of European and international interest, such as the ecosystems hosted by Lake Trichonida.

    The protection of these ecosystems is governed by EU legislation, specifically the Habitats Directive[1] and the Birds Directive[2]. Under Article 6 of the Habitats Directive, if the project is likely to have a significant negative effect on a Natura 2000 site, the competent authorities must conduct an appropriate assessment of its implications for the site in view of its conservation objectives[3].

    The project also falls under Annex II[4] to the Environmental Impact Assessment (EIA) Directive[5]. For such projects, there is no automatic obligation for an EIA. Member States have to determine, through a case-by-case examination, by applying thresholds or criteria, or a combination of both, if the project is likely to have significant effects on the environment. If this is the case, an EIA has to be carried out. For projects for which it is determined that an assessment is not required, the determination must be made available to the public and specify the main reasons for not requiring such assessment.

    Under the Water Framework Directive[6], it should be ensured that Article 4(7), concerning new modifications to the physical characteristics of a surface water body, is considered.

    The primary responsibility for ensuring that renewable energy projects are developed in full compliance with EU law lies with the Greek authorities.

    • [1] Council Directive 92/43/EEC of 21 May 1992 on the conservation of natural habitats and of wild fauna and flora, OJ L 206, 22.7.1992, p. 7-50.
    • [2] Directive 2009/147/EC of the European Parliament and of the Council of 30 November 2009 on the conservation of wild birds (Codified version). OJ L 20, 26.1.2010, p. 7-25.
    • [3] Commission’s guidance document: Guidance on the requirements for hydropower in relation to EU nature legislation, Publications Office of the European Union, 2018, https://data.europa.eu/doi/10.2779/43645.
    • [4] Point 10(g).
    • [5] Directive 2011/92/EU of the European Parliament and of the Council of 13 December 2011 on the assessment of the effects of certain public and private projects on the environment, OJ L 26, 28.1.2012, p. 1-21, as amended by Directive 2014/52/EU of the European Parliament and of the Council of 16 April 2014, OJ L 124, 25.4.2014, p. 1-18.
    • [6] Directive 2000/60/EC of the European Parliament and of the Council of 23 October 2000 establishing a framework for Community action in the field of water policy, OJ L 327, 22.12.2000, p. 1-73.
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Concerns about humanitarian aid in Syria reaching minorities persecuted by Islamists – P-001099/2025(ASW)

    Source: European Parliament

    The EU strictly adheres to the humanitarian principles of humanity, neutrality, impartiality, and independence, as outlined in the EU Treaties and the European Consensus on Humanitarian Aid[1]. The EU provides humanitarian aid to all people in need in Syria, without discrimination and irrespective of ethnicity, faith or other considerations other than need. This includes the Alawite community and Christian populations.

    The EU’s humanitarian assistance is delivered through certified humanitarian partners in all parts of Syria, regardless of the area of control. EU-funded humanitarian operations are based on people’s needs, humanitarian principles, and accountability to affected populations.

    The resilience/non-humanitarian assistance provided in Syria by the EU also follows strict parameters of implementation. It aims to foster social cohesion by bringing together Syrians and countering any form of community or ethnical fragmentation.

    The EU was gravely alarmed by the horrific sectarian violence in Syria’s coastal region targeting minorities. On 11 March 2025, the High Representative/Vice-President issued a statement on behalf of the EU, strongly condemning the attacks[2]. This was also supported by the Joint Press Statement issued on 18 March 2025 by the Commissioner for Equality; Preparedness and Crisis Management, Commissioner for the Mediterranean, High Representative/Vice-President, and the Foreign Minister of the Syrian transitional government, His Excellency Asaad Hasan Al-Shaibani[3].

    The EU welcomed the transitional authorities’ commitments to establish an independent investigative committee and called on them to allow the Independent International Commission of Inquiry on the Syrian Arab Republic to investigate.

    • [1] Joint Statement by the Council and the Representatives of the Governments of the Member States meeting within the Council, the European Parliament and the European Commission, OJ C 25, 30.1.2008, p. 1-12, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A42008X0130%2801%29.
    • [2] https://www.consilium.europa.eu/en/press/press-releases/2025/03/11/syria-statement-by-the-high-representative-on-behalf-of-the-european-union-on-the-recent-wave-of-violence/ .
    • [3] https://www.consilium.europa.eu/en/press/press-releases/2025/03/18/brussels-ix-conference-on-standing-with-syria-meeting-the-needs-for-a-successful-transition-joint-press-statement/ .
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – The Commission’s position on potential money laundering by some Commission staff and their associates – E-002798/2024(ASW)

    Source: European Parliament

    1. The Commission takes allegations of money laundering or any other financial misconduct seriously. It has a zero-tolerance policy for fraud and corruption and is committed to ensuring the highest standards of integrity among its staff. As regards measures against money laundering, the Commission refers to the applicable EU and national legislation in this area, to which staff of EU institutions are also subject. Inside the institution, the Commission already relies on a comprehensive framework of compliance and awareness raising mechanisms on ethics and fraud prevention, while continuously strengthening its procedures and internal controls. In case of violations of staff obligations, disciplinary measures may be applied.

    2. At this stage and pending possible further information from the Belgian judicial authorities, the allegations about the former European Commissioner for Justice do not concern the EU budget or the management of EU funds. Thus, based on the information available to the Commission so far, there is no need to revise the rules and procedures regarding the prevention and the fight against fraud currently in place, as they are solid and comprehensive.

    3. The Commission did not receive such information. However, the Commission can confirm that any information, tip-offs, or notices received, be it from internal or external sources, are systematically assessed and, where necessary, referred to the competent investigative authorities (such as the European Anti-Fraud Office, the European Public Prosecutor’s Office and the national authorities) for examination.

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Impact of the Green Deal on European competitiveness and industry – E-001067/2025(ASW)

    Source: European Parliament

    The European Green Deal[1] aims at putting Europe on a pathway to a climate-neutral continent. The Commission remains committed to the EU’s decarbonisation objectives, which will also allow the economy to become more resilient, while boosting industrial competitiveness.

    The Clean Industrial Deal[2] presents concrete initiatives to strengthen the business case for competitiveness, decarbonisation and circularity in Europe. It responds to clear demands of EU industry[3] for an industrial deal based on energy and materials security, and an effective market for net zero, low carbon and circular products. It therefore includes actions to improve access to affordable energy, lead markets, materials and circularity, funding and skills, as well as to an international level playing field. The Commission is also simplifying EU rules and their implementation to reduce burdens for businesses, including when it comes to sustainability reporting[4].

    The Commission notes that high energy costs have recently been caused by high fossil fuel prices. The Commission adopted the Affordable Energy Action Plan[5], aimed at lowering energy bills while promoting decarbonisation. It will also propose an Industrial Decarbonisation Accelerator Act, with measures to ease permitting for industrial access to energy and decarbonisation.

    The EU is committed to implementing critical raw materials policies[6] by diversifying supply chains, improving access to funding for strategic projects as well as boosting circular business models. Moreover, a Critical Raw Materials Centre will coordinate joint raw material purchases on behalf of interested companies. Regarding energy supply, the Commission calls for swift adoption of the extension of the gas storage rules[7].

    • [1] https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en .
    • [2] https://commission.europa.eu/topics/eu-competitiveness/clean-industrial-deal_en .
    • [3] The Antwerp Declaration for a European Industrial Deal: https://antwerp-declaration.eu/ .
    • [4] Sustainability Omnibus: https://finance.ec.europa.eu/publications/commission-simplifies-rules-sustainability-and-eu-investments-delivering-over-eu6-billion_en .
    • [5] https://energy.ec.europa.eu/strategy/affordable-energy_en .
    • [6] See namely the Critical Raw Materials Act: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202401252 .
    • [7] An update to the Security of Supply Framework is foreseen for 2026.
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Criticism of the bill on developing and promoting research and the excessive level of job insecurity faced by Italian researchers – E-000986/2025(ASW)

    Source: European Parliament

    The Commission is aware that the Ministry of University and Research presented to the Parliament in September 2024, the bill No 1240 ‘Provisions on the valorisation and promotion of research’ with the aim of further modifying the rules concerning the career of researchers, already reformed following the entry into force of the decree-law of 30 April 2022 ‘Further urgent measures for the implementation of the Italian National Recovery and Resilience Plan (NRRP)’, converted with amendments into law of 29 June 2022, no. 79. The Commission, in the context of the implementation of the NRRP, maintains a constant dialogue with the Italian Authorities as well as stakeholders, including trade unions, and carefully monitors the implementation of the reforms and investments. At this stage, the bill no. 1240 has not been adopted. The Commission is not in a position to comment on a draft law.

    The Commission attaches high importance to promote job security and stability for researchers[1], within the remit of EU competences. These elements are addressed in the European framework for research careers and the European Charter for Researchers[2]. The Commission supports Member States and stakeholders in the implementation of the new framework through a set of initiatives.

    Regarding the possibility for the Commission to support the structural financing of pre-tenure and tenure-track university positions , it is a responsibility of the Member State to propose measures amending its Recovery and Resilience Plan, that the Commission can then assess in accordance with the Recovery and Resilience Facility (Regulation (EU) 2021/241).

    • [1] https://eur-lex.europa.eu/eli/C/2024/7282/oj/eng C/2024/7282, 05/12/2024.
    • [2] Council Recommendation of 18 December 2023 on a European framework to attract and retain research, innovation and entrepreneurial talents in Europe.
    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Container port in Lamu, Kenya – E-001225/2025(ASW)

    Source: European Parliament

    Kenya Ports Authority (KPA) had published an open competitive international tender in September 2023 for a 30-year concession contract for the development and operation of port assets for Mombasa Port Berth 11-14 and Mombasa Container Terminal 1, together with Lamu Port Container Terminal Berth 1-3 and Lamu Special Economic Zone. However, this process was on hold due to a legal case. This litigation has now been resolved and KPA intends to resume the tender process. At this time, no competitive tender has been re-issued for Lamu container port. Kenya is not a Member of the Agreement on Government Procurement (GPA) and has no commitments to accept EU bidders. Currently we have no information on the conditions of participation to this tender that has not been launched.

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Protecting EU patients by exempting the medical device sector from EU and US tariffs – E-001185/2025(ASW)

    Source: European Parliament

    The Commission regrets the decision of the United States (US) to impose tariffs on EU exports of steel and aluminium on 12 March 2025, as well as the universal tariffs — which also cover medical devices’ exports to the US –, while welcoming the decision to pause the entry into force of these tariffs for 90 days that was taken afterwards.

    The Commission sees no justification for tariffs. The Commission has emphasised to the US its wish to work together on common challenges and that the EU is not the problem — but is part of the solution.

    The Commission’s priority is to avoid disruptions to EU-US trade and to seek negotiated solutions. The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial.

    In this sense, in light of the decision by the US to delay its country-specific universal tariffs, the EU has decided to put its countermeasures on EUR 21 billion of US exports on hold for the same length of time. Medical devices are not included in the scope of these EU countermeasures.

    The EU wants to give negotiations a chance. If, however, the talks are not satisfactory, the EU countermeasures will come into force on 14 July 2025.

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Justification for the invitation to Ahmed al-Sharaa, linked to terrorism and war crimes, to attend Brussels donor summit – E-001071/2025(ASW)

    Source: European Parliament

    On 17 March 2025, the EU hosted the ninth Brussels Conference on ‘Standing with Syria: meeting the needs for a successful transition’ to support Syria’s transition process and socioeconomic recovery, while also addressing the immediate humanitarian needs, both in Syria and the region. The conference brought together key regional and international partners, as well as members of the Syrian civil society. This being a ministerial event, Foreign Minister H.E. Asaad Hasan Al-Shaibani of the Syrian transitional government was the Syrian representative invited, who attended the Conference[1]. It is worth to remind that he is not listed under the EU restrictive measures against Islamic State of Iraq and the Levant/Da’esh and Al-Qaeda (United Nations-EU mixed regime).

    The fall of the Assad regime signals a historic moment for the Syrian people. In this critical period, the EU supports an inclusive, Syrian-led and Syrian-owned transition, guided by the respect for international law, human rights, fundamental freedoms, pluralism and tolerance among all components of Syrian society.

    The EU welcomes the interim authorities’ recent first steps towards an inclusive transition, such as the National Dialogue Conference, the announcement of the new transitional government on 29 March 2025 and the agreement with the Syrian Democratic Forces. The EU was gravely alarmed by the recent violent events in the coastal areas and strongly condemned the crimes committed against civilians[2]. In this context, it welcomed the swift establishment of an investigative committee to hold all perpetrators accountable. The EU will remain attentive to the statements but more importantly the actions of the new authorities in ensuring the protection and fundamental freedoms of all Syrians, without distinction.

    • [1] See the press release of 18 March 2025: https://www.consilium.europa.eu/en/press/press-releases/2025/03/18/brussels-ix-conference-on-standing-with-syria-meeting-the-needs-for-a-successful-transition-joint-press-statement/.
    • [2] https://www.consilium.europa.eu/en/press/press-releases/2025/03/11/syria-statement-by-the-high-representative-on-behalf-of-the-european-union-on-the-recent-wave-of-violence/.
    Last updated: 14 May 2025

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  • MIL-OSI Europe: Answer to a written question – Direct EU compensation for those affected by floods on Greek islands – P-001393/2025(ASW)

    Source: European Parliament

    The EU Solidarity Fund (EUSF)[1] can only be activated at the request of Greece which has a deadline of 12 weeks as from when the first damage occurred, demonstrating that the total direct damage exceeds the thresholds specified in Article 2 Regulation (EC) No 2012/2002. The EUSF may cover a part of the costs for emergency and recovery operations incurred by public authorities[2]. Private damage is not eligible.

    Member States hit by natural disasters may also benefit from the flexibilities provided by the Regional Emergency Support to Reconstruction (RESTORE) Regulation which entered into force on 24 December 2024[3]. RESTORE primarily focuses on reconstruction, but it can also support disaster resilience. In the 2021-27 programming period, all EU-funded infrastructure with a lifespan of more than 5 years must undergo a climate proofing assessment.

    Although defence was identified as one of the priorities of the mid-term review, climate adaptation and disaster risk management continue to be key priorities for Cohesion Policy. For instance, interventions addressing flood, drought or desertification risks are part of the actions envisaged under the water priority[4]. Moreover, dedicating funding to defence remains voluntary.

    Directive 2007/60/EC[5] establishes a framework for the assessment and management of flood risks, aiming at the reduction of adverse consequences associated with floods. It stipulates that the Flood Risk Management Plans, drawn up by Member States, shall take into account inter alia costs and benefits, and shall in particular address all aspects of flood risk management focusing on prevention, protection, and preparedness. The design and implementation of concrete measures lies with the competent authorities.

    • [1] Council Regulation (EC) No 2012/2002 of 11 November 2002 establishing the European Union Solidarity Fund (OJ L 311, 14.11.2002, p. 3) as amended by Regulation (EU) No 661/2014 of the European Parliament and the Council of 15 May 2014 (OJ L 189, 27.6.2014, p. 143) and by Regulation (EU) 2020/461 of the European Parliament and the Council of 30 March 2020 (OJ L 99, 31.3.2020, p. 9). https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:32002R2012.
    • [2] This means, for example, the recovery of essential infrastructure, provision of temporary accommodation to the population, cleaning-up operations, and protection of the cultural heritage.
    • [3] Regulation (EU) 2024/3236 of the European Parliament and of the Council of 19 December 2024 amending Regulations (EU) 2021/1057 and (EU) 2021/1058 as regards Regional Emergency Support to Reconstruction (RESTORE) https://eur-lex.europa.eu/eli/reg/2024/3236.
    • [4] https://ec.europa.eu/regional_policy/sources/communication/mid-term-review-2025/communication-mid-term-review-2025_en.pdf .
    • [5] Directive 2007/60/EC of the European Parliament and of the Council of 23 October 2007 on the assessment and management of flood, OJ L 288, 6.11.2007, p. 27-34. https://eur-lex.europa.eu/eli/dir/2007/60/oj/eng.
    Last updated: 14 May 2025

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  • MIL-OSI Europe: Answer to a written question – Third-party monitoring mechanism in Libya – E-000728/2025(ASW)

    Source: European Parliament

    The ‘third-party monitoring mechanism’ in Libya is a tool to help the Commission better understand the situation on the ground, ensuring that EU-funded programs respect human rights and measures are taken when shortcomings in this regard are identified. The contractors’ reports track developments and identify risks. These reports are available to relevant Commission services, including the EU Delegations.

    The EU welcomes Libya’s willingness to engage in dialogue on migration, uphold human rights, and improve detention conditions, especially for vulnerable individuals. The EU continues to raise these issues with Libyan authorities who are committed to working with the EU, the United Nations, and other partners to enhance conditions and procedures. EU funding does not go directly to Libyan authorities but is channelled through international organisations or Member States.

    Respect for international law and human rights, including non-refoulement and protection of migrants, refugees, and asylum seekers, is central to EU policy in Libya. The EU Emergency Trust Fund for Africa and the Neighbourhood, Development and International Cooperation Instrument — Global Europe (NDICI — GE) embed human rights in their design and implementation. The NDICI Regulation[1] stresses human rights as a key aspect of EU external action, making them a criterion for funding eligibility and programs implementation.

    The Commission monitors its programmes through regular reports from implementing partners, on-the-ground visits, independent expert evaluations and external monitoring. This information supports dialogue with partner countries on migration, asylum, and border management, strengthening a rights-based approach. For border management, the EU-funded Support to Integrated border and migration management in Libya[2] action, implemented by Italy’s Ministry of Interior and the International Organisation for Migration, operates under a memorandum of understanding with Libya, ensuring compliance with the ‘do-no-harm’ principle and coordination on search-and-rescue activities.

    • [1] https://eur-lex.europa.eu/eli/reg/2021/947/oj/eng.
    • [2] https://trust-fund-for-africa.europa.eu/our-programmes/support-integrated-border-and-migration-management-libya-first-phase_en#:~:text=The%20programme%20aims%20to%20strengthen%20the%20capacity%20of,and%20rescue%20at%20sea%20and%20in%20the%20desert.

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  • MIL-OSI Europe: Other events – Visit to Buenos Aires, Argentina – 26-05-2025 – Committee on the Internal Market and Consumer Protection

    Source: European Parliament

    Argentina © under the license of Adobe Stock

    From 26 May to 30 May 2025, an IMCO Delegation will visit Buenos Aires to discuss on cooperation on key policy IMCO areas while obtaining feedback from Argentinian stakeholders and authorities on the issues that relate to the responsibilities of IMCO.

    The focus will be on exchanging insights across several key areas such as digital and e-commerce cooperation, simplification and reduction of regulatory burden, consumer protection, customs, and alignment of product standards to ensure compliance for Argentinian goods available in the EU.

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