The EESC thinks that, in addition to strengthening the coordination between supervisory authorities and streamlining procedures, operations should also be coordinated with other relevant parties to tackle money laundering and terrorism financing effectively. The EESC stresses the importance of internal and external communication on money laundering and financing of terrorism. The key element in internal communications is improving and protecting information streams between the supervisory bodies concerned; in the case of external communication, the public in question should be provided with information and made aware of the different ways this kind of crime may be presented, as a means of preventing and preparing for it.
539th Plenary session, 12-13 December 2018 - Related Opinions
The proposal for a Regulation (COM(2018) 366) is based on Article 3 of the Treaty on European Union: the EU pursues the goal
to promote peace, its values and the well-being of its peoples, the EU
shall respect its rich cultural and linguistic diversity, and shall ensure that Europe's cultural heritage is safeguarded and enhanced. But there is a clear perception that the number of challenges to face is larger, in particular the competition from online platforms and search engines, the concentration of the sector around a limited number of big players, or the rise of disinformation. With this new programme, the EU Commission wants to offer opportunities for operators to develop technologically and artistically innovative European trans-border initiatives to exchange, co-create, co-produce, and distribute European works. The purpose is also to strengthen the position of EU actors in the EU and global markets.
The EESC welcomes the Commission proposal on preventing the dissemination of terrorist content online, while calling for the indeterminate legal concepts such as "terrorist information, terrorist acts, terrorist groups or advocacy of terrorism" to be defined as precisely as possible. The EESC highlights the need to assess the effects of the application of this proposal on SMEs, as well as to consider transition arrangements facilitating their adaptation and a level playing field.
The EESC calls on the authorities at all levels to engage in close cooperation with all the stakeholders with a view to drawing up a specific action plan on the future of European retail in the 21st century.
The EESC points out that a non-immigration scenario in Europe would mean among other things that Member States' economies would suffer substantially; demographic challenges would be aggravated; pension systems might become unsustainable; racism and xenophobia would flourish even more than at present. Non-integration bears economic, socio-cultural and political risks and costs. Hence, investment in migrant integration is the best insurance policy against potential future costs, problems and tensions.
The EESC notes that achieving clean energy is a high priority and to this end fusion energy is recognised as a potential long-term solution with Europe being at the forefront of developing fusion technologies which are carbon-free, sustainable and help secure our mix of energy supplies.
The EESC emphasises that the high level of long-term investment needed for the development of a fusion power plant does still entail some industrial risk, but in the event of success the realisation of a fusion power plant would be a newly introduced factor that would significantly change the existing energy supply by providing a disruptive innovation, with fusion fuel being abundant and virtually inexhaustible.
The EESC supports the objectives of the Commission proposal and agrees that democracy is one of the fundamental values on which the EU is founded. The EESC recognises that the procedures for the elections of the EP are Member State governed within the EU framework. Enabling the Authority for European political parties and European political foundations (the 'Authority') to impose sanctions is one way of ensuring personal data is protected and not misused for political gain. The EESC supports the additional staffing of the Authority with a view that this staff will be better positioned to work with the national DPAs to ensure that data protection infringements are properly investigated and where found sanctions applied.