### (22) the accuracy of data included in the beneficial ownership registers is fundamental for all of the relevant authorities and other persons allowed access to that data , and to make valid , lawful decisions based on that data. therefore , where sufficient reasons arise , after careful analysis by the registrars , to doubt the accuracy of the beneficial ownership information held by the registers , legal entities and legal arrangements should be required to provide additional information on a risk-sensitive basis. in addition , it is important that member states entrust the entity in charge of managing the registers with sufficient powers to verify beneficial ownership and the veracity of information provided to it , and to report any suspicion to their fiu. such powers should extend to the conduct of inspections at the premises of the legal entities. ### (22) the accuracy of data included in the beneficial ownership registers is fundamental for all of the relevant authorities and other persons allowed access to that data , and to make valid , lawful decisions based on that data. therefore , where sufficient reasons arise , after careful analysis by the registrars , to doubt the accuracy of the beneficial ownership information held by the registers , legal entities and legal arrangements should be required to provide additional information on a risk-sensitive basis. in addition , it is important that member states entrust the entity in charge of managing the registers with the obligation to verify beneficial ownership and the veracity of information provided to it , and to report any suspicion to their fiu. the powers of entities in charge of managing the registers should extend to the conduct of inspections at the premises of the legal entities.


### (28) public access to beneficial ownership information can allow greater scrutiny of information by civil society , including by the press or civil society organisations , and contributes to preserving trust in the integrity of the financial system. it can contribute to combating the misuse of corporate and other legal entities and legal arrangements for the purposes of money laundering or terrorist financing , both by helping investigations and through reputational effects , given that anyone who could enter into a business relationship is aware of the identity of the beneficial owners. it may also facilitate the timely and efficient availability of information for obliged entities as well as authorities of third countries involved in combating such offences. the access to that information would also help investigations on money laundering , associated predicate offences and terrorist financing. ### (28) public access to beneficial ownership information can allow greater scrutiny of information by civil society , including by the press or civil society organisations , and contributes to preserving trust in the integrity of the financial system. it can contribute to combating the misuse of corporate and other legal entities and legal arrangements for the purposes of money laundering or terrorist financing , both by helping investigations and through reputational effects , given that anyone who could enter into a business relationship is aware of the identity of the beneficial owners. it may also facilitate the timely and efficient availability of information for obliged entities as well as authorities of third countries involved in combating such offences. the access to that information would also help investigations on money laundering , associated predicate offences and terrorist financing. therefore , member states need to provide free access to the public in a readily usable , machine-readable format , to the beneficial ownership registers for companies , trusts , and other legal arrangements.


### (30) confidence in financial markets from investors and the general public depends in large part on the existence of an accurate disclosure regime that provides transparency in the beneficial ownership and control structures of corporate and other legal entities as well as certain types of trusts and similar legal arrangements. member states should therefore allow access to beneficial ownership information in a sufficiently coherent and coordinated way , by establishing confidence rules of access by the public , so that third parties are able to ascertain , throughout the union , who are the beneficial owners of corporate and other legal entities as well as , provided that there is a legitimate interest , of certain types of trusts and similar legal arrangements. ### (30) confidence in financial markets from investors and the general public depends in large part on the existence of an accurate disclosure regime that provides transparency in the beneficial ownership and control structures of corporate and other legal entities as well as certain types of trusts and similar legal arrangements. member states should therefore allow access to beneficial ownership information in a sufficiently coherent and coordinated way , by establishing confidence rules of access by the public , so that third parties are able to ascertain , throughout the union , who are the beneficial owners of corporate and other legal entities as well as of certain types of trusts and similar legal arrangements.


### data measuring the reporting , investigation and judicial phases of the national aml/cft regime , including the number of suspicious transaction reports made to the fiu , the follow-up given to those reports , the information on cross-border physical transfers of cash submitted to the fiu in accordance with article 9 of regulation (eu) 2018/1672 together with the follow-up given to the information submitted and , on an annual basis , the number of cases investigated , the number of persons prosecuted , the number of persons convicted for money laundering or terrorist financing offences , the types of predicate offences identified in accordance with article 2 of directive (eu) 2018/1673 of the european parliament and of the council45 where such information is available , and the value in euro of property that has been frozen , seized or confiscated; ### data measuring the reporting , investigation and judicial phases of the national aml/cft regime , including the number and value of transactions involved in suspicious transaction reports made to the fiu , the follow-up given to those reports , the information on cross-border physical transfers of cash submitted to the fiu in accordance with article 9 of regulation (eu) 2018/1672 together with the follow-up given to the information submitted and , on an annual basis , the number of cases investigated , the number of persons prosecuted , the number of persons convicted for money laundering or terrorist financing offences , the types of predicate offences identified in accordance with article 2 of directive (eu) 2018/1673 of the european parliament and of the council45where such information is available , and the value in euro of property that has been frozen , seized or confiscated;


### 3. member states shall ensure that the statistics referred to in paragraph 2 are collected and transmitted to the commission on an annual basis. the statistics referred to in paragraph 2 , points (a) , (c) , (d) and (f) , shall also be transmitted to amla. ### 3. member states shall ensure that the statistics referred to in paragraph 2 are collected and transmitted to the commission on an annual basis. the statistics referred to in paragraph 2 shall also be transmitted to amla.


### 2. where there are reasons to doubt the accuracy of the beneficial ownership information held by the central registers , member states shall ensure that legal entities and legal arrangements are required to provide additional information on a risk-sensitive basis , including resolutions of the board of directors and minutes of their meetings , partnership agreements , trust deeds , power of attorney or other contractual agreements and documentation. ### deleted


### 3. where no person is identified as beneficial owner pursuant to article 45(2) and (3) of regulation [please insert reference – proposal for anti-money laundering regulation - com/2021/420 final] , the central register shall include: ### deleted


### 4. the commission is empowered to adopt , by means of implementing acts , the format for the submission of beneficial ownership information to the central register. those implementing acts shall be adopted in accordance with the examination procedure referred to in article 54(2). ### 4. the commission is empowered to adopt , by means of implementing acts , the format for the submission of beneficial ownership information to the central register. those implementing acts shall be adopted in accordance with the examination procedure referred to in article 54(2). by [1 year after the date of transposition of this directive] the commission shall adopt an implementing act.


### obliged entities shall report to the entity in charge of the central registers any discrepancies they find between the beneficial ownership information available in the central registers and the beneficial ownership information available to them pursuant to article 18 of regulation [please insert reference – proposal for anti-money laundering regulation]. ### deleted


### in case of express trusts or similar legal arrangements , the name , the month and year of birth and the country of residence and nationality of the beneficial owner as well as the nature and extent of the beneficial interest held , provided that a legitimate interest can be demonstrated. ### in case of express trusts or similar legal arrangements , the name , the month and year of birth and the country of residence and nationality of the beneficial owner as well as the nature and extent of the beneficial interest held.


### 2. member states may choose to make beneficial ownership information held in their central registers available to the public on the condition of authentication using electronic identification means and relevant trust services as set out in regulation (eu) 910/2014 of the european parliament and of the council46 and the payment of a fee , which shall not exceed the administrative costs of making the information available , including costs of maintenance and developments of the register. ### deleted


### the common criteria according to which beneficial ownership information is available through the system of interconnection of registers , depending on the level of access granted by member states; ### the common criteria according to which beneficial ownership information is available through the system of interconnection of registers;


### the technical modalities to implement the different types of access to information on beneficial ownership in accordance with articles 11 and 12 of this directive , including the authentication of users through the use of electronic identification means and relevant trust services as set out in regulation (eu) 910/2014; ### the technical modalities to implement the different types of access to information on beneficial ownership in accordance with articles 11 and 12 of this directive , including the authentication of users through the use of electronic identification means and relevant trust services as set out in regulation (eu) 910/2014; this should not prevent users from other member states to access information;


### the payment modalities where access to beneficial ownership information is subject to the payment of a fee according to article 12(2) taking into account available payment facilities such as remote payment transactions. ### deleted


### 1. member states shall provide competent authorities with access to information which allows the identification in a timely manner of any natural or legal person owning real estate , including through registers or electronic data retrieval systems where such registers or systems are available. competent authorities shall also have access to information allowing the identification and analysis of transactions involving real estate , including their economic value and details of the natural or legal persons involved in those transactions including , where available , whether the natural or legal person owns , sells or acquires real estate on behalf of a legal arrangement. ### 1. member states shall provide competent authorities with access to information which allows the identification , direct , unrestricted , and free access to the information of any natural or legal person owning real estate and the beneficial owners of thereof , including through registers or electronic data retrieval systems. competent authorities shall also have access to information allowing the identification and analysis of transactions involving real estate , including their economic value and details of the natural or legal persons involved in those transactions including , where available , whether the natural or legal person owns , sells or acquires real estate on behalf of a legal arrangement.


### issue instructions to a self-regulatory body for the purpose of remedying a failure to perform its functions under article 29(1) or to comply with the requirements of paragraph 6 of that article , or to prevent any such failures. when issuing such instructions , the authority shall consider any relevant guidance it provided or that has been provided by amla. ### issue instructions to a self-regulatory body for the purpose of remedying a failure to perform its functions under article 29(1) or to comply with the requirements of paragraph 5 and 6 of that article , or to prevent any such failures. when issuing such instructions , the authority shall consider any relevant guidance it provided or that has been provided by amla.


### section 1 of chapter ii (internal controls). ### chapter ii (internal policies , controls and procedures).


### an obliged entity that is part of a group may appoint as its compliance officer an individual who performs that function in another entity within that group. ### an obliged entity that is part of a group may appoint as its compliance officer an individual who performs that function in another entity within that group , provided that the individual resides in the same member state to the one the obliged entity is established.


### obliged entities shall take measures to ensure that employees , managers or agents who report breaches pursuant to the first subparagraph are protected against retaliation , discrimination and any other unfair treatment. ### obliged entities shall take measures to ensure that employees , managers or agents who report breaches pursuant to the first subparagraph are legally protected against retaliation , discrimination and any other unfair treatment in accordance with directive (eu) 2019/1937 of the european parliament and of the council1a.


### 3. by [2 years after the date of entry into force of this regulation] , amla shall develop draft regulatory technical standards and submit them to the commission for adoption. those draft regulatory technical standards shall specify the type of additional measures referred to in paragraph 2 , including the minimum action to be taken by obliged entities where the law of a third country does not permit the implementation of the measures required under article 13 and the additional supervisory actions required in such cases. ### 3. by [2 years after the date of entry into force of this regulation] , amla shall develop draft regulatory technical standards and submit them to the commission for adoption. those draft regulatory technical standards shall specify the type of additional measures referred to in paragraph 2 , including the minimum action to be taken by obliged entities where the law of a third country does not permit the implementation of the measures required under article 13 and the additional supervisory actions required in such cases. the draft regulatory technical standards shall include a list of third countries where the minimum aml/cft requirement are deemed equivalent to those set out in this regulation. this list shall be regularly updated.


### 2. in addition to the circumstances referred to in paragraph 1 , credit and financial institutions and crypto-asset service providers shall apply customer due diligence when either initiating or executing an occasional transaction that constitutes a transfer of funds as defined in article 3 , point (9) of regulation [please insert reference – proposal for a recast of regulation (eu) 2015/847 - com/2021/422 final] , or a transfer of crypto-assets as defined in article 3 , point (10) of that regulation , exceeding eur 1 000 or the equivalent in national currency. ### 2. in addition to the circumstances referred to in paragraph 1 , credit and financial institutions and crypto-asset service providers shall apply customer due diligence when either initiating or executing an occasional transaction that constitutes a transfer of funds as defined in article 3 , point (9) of regulation [please insert reference – proposal for a recast of regulation (eu) 2015/847 - com/2021/422 final] , or a transfer of crypto-assets as defined in article 3 , point (10) of that regulation.


### the criminalisation of money laundering and terrorist financing; ### the criminalisation of money laundering and terrorist financing , including predicate offences;


### 4. with the exception of the cases covered by section 2 of this chapter , in cases of higher risk , obliged entities may apply any of the following enhanced customer due diligence measures , proportionate to the higher risks identified: ### 4. with the exception of the cases covered by section 2 of this chapter , in cases of higher risk , obliged entities shall apply one or more of the following enhanced customer due diligence measures , proportionate to the higher risks identified:


### 6. enhanced customer due diligence measures shall not be invoked automatically with respect to branches or subsidiaries of obliged entities established in the union which are located third countries referred to in articles 23 , 24 and 25 where those branches or subsidiaries fully comply with the group-wide policies , controls and procedures in accordance with article 14. ### deleted


### for the purposes of articles 23 and 25 , the commission may choose from among the following countermeasures: ### for the purposes of articles 23 and 25 , the commission shall choose from among the following countermeasures:


### (1) directive (eu) 2015/849 of the european parliament and of the council23 constitutes the main legal instrument for the prevention of the use of the union financial system for the purposes of money laundering and terrorist financing. that directive sets out a comprehensive legal framework , which directive (eu) 2018/843 of the european parliament and the council24 further strengthened by addressing emerging risks and increasing transparency of beneficial ownership. notwithstanding its achievements , experience has shown that further improvements should be introduced to adequately mitigate risks and to effectively detect criminal attempts to misuse the union financial system for criminal purposes. ### (1) directive (eu) 2015/849 of the european parliament and of the council23 constitutes the main legal instrument for the prevention of the use of the union financial system for the purposes of money laundering and terrorist financing. that directive sets out a comprehensive legal framework , which directive (eu) 2018/843 of the european parliament and the council24 further strengthened by addressing emerging risks and increasing transparency of beneficial ownership. notwithstanding its achievements , experience has shown that further improvements should be introduced to adequately mitigate divergencies regarding its enforcement and implementation resulting to unintended risks and to effectively detect criminal attempts to misuse the union financial system for criminal purposes.


### (9) independent legal professionals should be subject to this regulation when participating in financial or corporate transactions , including when providing tax advice , where there is the risk of the services provided by those legal professionals being misused for the purpose of laundering the proceeds of criminal activity or for the purpose of terrorist financing. there should , however , be exemptions from any obligation to report information obtained before , during or after judicial proceedings , or in the course of ascertaining the legal position of a client , which should be covered by the legal privilege. therefore , legal advice should remain subject to the obligation of professional secrecy , except where the legal professional is taking part in money laundering or terrorist financing , the legal advice is provided for the purposes of money laundering or terrorist financing , or where the legal professional knows that the client is seeking legal advice for the purposes of money laundering or terrorist financing. ### (9) independent legal professionals should be subject to this regulation when participating in financial or corporate transactions , including when providing tax advice , where there is the risk of the services provided by those legal professionals being misused for the purpose of laundering the proceeds of criminal activity or for the purpose of terrorist financing. there should , however , be exemptions from any obligation to report information obtained before , during or after judicial proceedings , or in the course of ascertaining the legal position of a client , which should be covered by the legal privilege. therefore , legal advice should remain subject to the obligation of professional secrecy , except where the legal professional is taking part in money laundering or terrorist financing , the legal advice is provided for the purposes of money laundering or terrorist financing , or where the legal professional knows or has a well-grounded suspicion that the client is seeking legal advice for the purposes of money laundering or terrorist financing.


### (24) in order to reflect the latest developments at international level , a requirement has been introduced by this regulation to identify , understand , manage and mitigate risks of potential non-implementation or evasion of proliferation financing-related targeted financial sanctions at obliged entity level. ### (24) in order to reflect the latest developments at international level , a requirement has been introduced by this regulation to identify , understand , manage and mitigate risks of potential non-implementation or divergent implementation or evasion of targeted financial sanctions and proliferation financing-related targeted financial sanctions at obliged entity level.


### (47) cross-border correspondent relationships with a third-country’s respondent institution are characterised by their on-going , repetitive nature. moreover , not all cross-border correspondent banking services present the same level of money laundering and terrorist financing risks. therefore , the intensity of the enhanced due diligence measures should be determined by application of the principles of the risk based approach. however , the risk based approach should not be applied when interacting with third-country’s respondent institutions that have no physical presence where they are incorporated. given the high risk of money laundering and terrorist financing inherent in shell banks , credit institutions and financial institutions should refrain from entertaining any correspondent relationship with such shell banks. ### (47) cross-border correspondent relationships with a third-country’s respondent institution are characterised by their on-going , repetitive nature. moreover , not all cross-border correspondent banking services present the same level of money laundering and terrorist financing risks. therefore , the intensity of the enhanced due diligence measures should be determined by application of the principles of the risk based approach. however , the risk based approach should not be applied when interacting with third-country’s respondent institutions that have no physical presence where they are incorporated or with non-compliant crypto-asset service providers. given the high risk of money laundering and terrorist financing inherent in shell banks , credit institutions , financial institutions and other obliged entities , such as crypto-asset service providers , should refrain from entertaining any correspondent relationship with such shell banks and with non-compliant crypto-asset service providers.


### (65) detailed rules should be laid down to identify the beneficial owners of corporate and other legal entities and to harmonise definitions of beneficial ownership. while a specified percentage shareholding or ownership interest does not automatically determine the beneficial owners , it should be one factor among others to be taken into account. member states should be able , however , to decide that a percentage lower than 25% may be an indication of ownership or control. control through ownership interest of 25% plus one of the shares or voting rights or other ownership interest should be assessed on every level of ownership , meaning that this threshold should apply to every link in the ownership structure and that every link in the ownership structure and the combination of them should be properly examined. ### (65) detailed rules should be laid down to identify the beneficial owners of corporate and other legal entities and to harmonise definitions of beneficial ownership. while a specified percentage shareholding or ownership interest does not automatically determine the beneficial owners , it should be one factor among others to be taken into account. the commission or member states shall define based on the assessment of risks the type of sectors and types of legal entities where a lower threshold shall apply as an indication of ownership control. control through ownership interest as a defined percentage or voting rights or other ownership interest should be assessed on every level of ownership , meaning that this threshold should apply to every link in the ownership structure and that every link in the ownership structure and the combination of them should be properly examined.


### (86) it is essential that the alignment of the aml/cft framework with the revised fatf recommendations is carried out in full compliance with union law , in particular as regards union data protection law and the protection of fundamental rights as enshrined in the charter. certain aspects of the implementation of the aml/cft framework involve the collection , analysis , storage and sharing of data. such processing of personal data should be permitted , while fully respecting fundamental rights , only for the purposes laid down in this regulation , and for carrying out customer due diligence , ongoing monitoring , analysis and reporting of unusual and suspicious transactions , identification of the beneficial owner of a legal person or legal arrangement , identification of a politically exposed person and sharing of information by credit institutions and financial institutions and other obliged entities. the collection and subsequent processing of personal data by obliged entities should be limited to what is necessary for the purpose of complying with aml/cft requirements and personal data should not be further processed in a way that is incompatible with that purpose. in particular , further processing of personal data for commercial purposes should be strictly prohibited. ### (86) it is essential that the alignment of the aml/cft framework with the revised fatf recommendations is carried out in full compliance with union law , in particular as regards union data protection law and the protection of fundamental rights as enshrined in the charter. certain aspects of the implementation of the aml/cft framework involve the collection , analysis , storage and sharing of data. such processing of personal data should be permitted , while fully respecting fundamental rights , only for the purposes laid down in this regulation , and for carrying out customer due diligence , ongoing monitoring , analysis and reporting of unusual and suspicious transactions , identification of the beneficial owner of a legal person or legal arrangement , identification of a politically exposed person and sharing of information by credit institutions and financial institutions and other obliged entities. the collection and subsequent processing of personal data by obliged entities should be limited to what is necessary for the purpose of complying with aml/cft requirements and personal data should not be further processed in a way that is incompatible with that purpose. in particular , further processing of personal data for commercial purposes and of personal data relating to criminal convictions and breaches of this regulation should be strictly prohibited.


### investment migration operators permitted to represent or offer intermediation services to third country nationals seeking to obtain residence rights in a member state in exchange of any kind of investment , including capital transfers , purchase or renting of property , investment in government bonds , investment in corporate entities , donation or endowment of an activity to the public good and contributions to the state budget. ### investment migration operators permitted to represent or offer intermediation services to third country nationals seeking to obtain residence or citizenship rights in a member state in exchange of any kind of investment , including capital transfers , purchase or renting of property , investment in government bonds , investment in corporate entities , donation or endowment of an activity to the public good and contributions to the state budget; as well as government agencies directly operating residency by investment or citizenship by investment schemes.


### investment migration operators permitted to represent or offer intermediation services to third country nationals seeking to obtain residence rights in a member state in exchange of any kind of investment , including capital transfers , purchase or renting of property , investment in government bonds , investment in corporate entities , donation or endowment of an activity to the public good and contributions to the state budget. ### investment migration operators permitted to represent or offer intermediation services to third country nationals seeking to obtain the citizenship of or residence rights in a member state in exchange for any kind of investment , including capital transfers , purchase or renting of property , investment in government bonds , investment in corporate entities , donation or endowment of an activity to the public good and contributions to the state budget;


### in addition to the obligation to apply targeted financial sanctions , mitigate and manage the risks of non-implementation and evasion of proliferation financing-related targeted financial sanctions. ### in addition to the obligation to apply targeted financial sanctions , mitigate and manage the risks of non-implementation divergent implementation and evasion of targeted financial sanctions and proliferation financing-related targeted financial sanctions.


### 4. by [2 years after the entry into force of this regulation] , amla shall issue guidelines on the elements that obliged entities should take into account when deciding on the extent of their internal policies , controls and procedures. ### 4. by [2 years after the entry into force of this regulation] , amla shall issue guidelines on the elements that obliged entities should take into account when deciding on the extent of their internal policies , controls and procedures based on their assessed level of risk , including further guidance on how to define the number of staff entrusted with compliance functions as defined by article 9 , taking into account the size and type of obliged entities and the risk of the sector in which they operate. considering the specificities of different types of obliged entities covered by article 3 , specific guidelines may be issued.


### for the purpose of this article , ‘control through an ownership interest’ shall mean an ownership of 25% plus one of the shares or voting rights or other ownership interest in the corporate entity , including through bearer shareholdings , on every level of ownership. ### for the purpose of this article , when ‘control through an ownership interest’ is based on a threshold it shall be determined based on the member states’ assessment of risk with a maximum of an ownership of 25% plus one of the shares or voting rights or other ownership interest in the corporate entity , including through bearer shareholdings , on every level of ownership.


### 4. the commission shall make recommendations to member states on the specific rules and criteria to identity the beneficial owner(s) of legal entities other than corporate entities by [1 year from the date of application of this regulation]. in the event that member states decide not to apply any of the recommendations , they shall notify the commission thereof and provide a justification for such a decision. ### 4. the commission shall define , when applicable the specific rules and criteria to identify the beneficial owner(s) of legal entities other than corporate entities by [1 year from the date of application of this regulation].


### 4. the commission shall make recommendations to member states on the specific rules and criteria to identity the beneficial owner(s) of legal entities other than corporate entities by [1 year from the date of application of this regulation]. in the event that member states decide not to apply any of the recommendations , they shall notify the commission thereof and provide a justification for such a decision. ### 4. the commission shall make recommendations to member states on the specific rules and criteria to identify the beneficial owner(s) of legal entities other than corporate entities by [1 year from the date of application of this regulation]. in the event that member states decide not to apply any of the recommendations , they shall notify the commission thereof and provide a justification for such a decision.


### a statement , accompanied by a justification , that there is no beneficial owner or that the beneficial owner(s) could not be identified and verified; ### where there are reasons to doubt the accuracy of the beneficial ownership information or no beneficial owner is identified , legal entities and legal arrangements are required to provide additional information on a risk-sensitive basis , including resolutions of the board of directors and minutes of their meetings , partnership agreements , trust deeds , power of attorney or other contractual agreements and documentation;


### the details on the natural person(s) who hold the position of senior managing official(s) in the corporate or legal entity equivalent to the information required under article 44(1) , point (a). ### where no person is identified as beneficial owner pursuant to paragraph (2) and (3) , the central register shall include:


### acquire real estate in their territory. ### own or acquire real estate in their territory.


### 1. by way of derogation from article 50(1) , member states may allow obliged entities referred to in article 3 , point (3)(a) , (b) and (d) to transmit the information referred to in article 50(1) to a self-regulatory body designated by the member state. ### 1. by way of derogation from article 50(1) , member states may allow obliged entities referred to in article 3 , point (3)(a) , (b) and (d) to transmit the information referred to in article 50(1) to a self-regulatory body designated by the member state or directly to the fiu.


### 5. for obliged entities referred to in article 3 , points (1) , (2) , (3)(a) and (b) , in cases relating to the same customer and the same transaction involving two or more obliged entities , and by way of derogation from paragraph 1 , disclosure may take place between the relevant obliged entities provided that they are located in the union , or with entities in a third country which imposes requirements equivalent to those laid down in this regulation , and that they are from the same category of obliged entities and are subject to professional secrecy and personal data protection requirements. ### 5. for obliged entities referred to in article 3 , points (1) , (2) , (3)(a) and (b) , in cases relating to the same customer and the same transaction involving two or more obliged entities , and by way of derogation from paragraph 1 , disclosure may take place between the relevant obliged entities provided that they are located in the union , or with entities in a third country which imposes requirements equivalent to those laid down in this regulation , and that they are from the same category of obliged entities and are subject to professional secrecy and personal data protection requirements comparable to those laid down in regulation (eu)2016/679.


### the data originate from reliable sources , are accurate and up-to-date; ### the data originate from reliable sources , are accurate relevant and up-to-date;


### 3. companies shall be prohibited from issuing bearer shares , and shall convert all existing bearer shares into registered shares by [2 years after the date of application of this regulation]. however , companies with securities listed on a regulated market or whose shares are issued as intermediated securities shall be permitted to maintain bearer shares. ### 3. companies shall be prohibited from issuing bearer shares , and shall convert all existing bearer shares into registered shares by [2 years after the date of application of this regulation].


### by [3 years from the date of application of this regulation] , the commission shall present reports to the european parliament and to the council assessing the need and proportionality of: ### by [2 years from the date of application of this regulation] , the commission shall present reports to the european parliament and to the council assessing the need and proportionality of:


### customer is a third country national who applies for residence rights in a member state in exchange of any kind of investment , including capital transfers , purchase or renting of property , investment in government bonds , investment in corporate entities , donation or endowment of an activity contributing to the public good and contributions to the state budget; ### customer is a third country national who applies for citizenship of or residence rights in a member state in exchange of any kind of investment , including capital transfers , purchase or renting of property , investment in government bonds , investment in corporate entities , donation or endowment of an activity contributing to the public good and contributions to the state budget;


### achieving the union’s overarching objectives concerning climate change mitigation and climate change adaptation; ### achieving the union’s overarching objectives concerning biodiversity loss , climate change mitigation and climate change adaptation;


### (56) the new eu forest strategy for 203081 outlined the need to restore forest biodiversity. forests and other wooded land cover over 43 ,5 % of the eu’s land space. forest ecosystems that host rich biodiversity are vulnerable to climate change but are also a natural ally in adapting to and fighting climate change and climate-related risks , including through their carbon-stock and carbon-sink functions , and provide many other vital ecosystem services and benefits , such as the provision of timber and wood , food and other non-wood products , climate regulation , soil stabilisation and erosion control and the purification of air and water. ### (56) the new eu forest strategy for 203081 outlined the need to restore forest biodiversity. forests and other wooded land cover over 43 ,5 % of the eu’s land space. forest ecosystems that host rich biodiversity are vulnerable to climate change but are also a natural ally in adapting to and fighting climate change and climate-related risks , including through their carbon-stock and carbon-sink functions , and provide many other vital ecosystem services and benefits , such as the provision of timber and wood , food and other non-wood products , climate regulation , soil stabilisation and erosion control and the purification of air and water. forests , and specially mature forests , have also proven positive effects on physical and mental health and well-being of people.


### 3. masters of union catching vessels shall also send electronically the information referred to in article 14 at the time of any inspection and upon request of the competent authority of their flag member state. ### 3. masters of union catching vessels shall also send the information referred to in article 14 at the time of any inspection and upon request of the competent authority of their flag member state.


### a. whereas the common fisheries policy (cfp) is aimed at ensuring that fishing and aquaculture activities are environmentally sustainable in the long term and at progressively restoring and maintaining populations of fish stocks above biomass levels capable of producing the maximum sustainable yield (msy); ### a. whereas the common fisheries policy (cfp) is aimed , inter alia , at ensuring that fishing and aquaculture activities are environmentally sustainable in the long term and at progressively restoring and maintaining populations of fish stocks capable of producing the maximum sustainable yield (msy);


### b. whereas the aim of the marine strategy framework directive (msfd) is to protect and preserve the marine environment , prevent its deterioration and restore marine ecosystems , and to achieve good environmental status (ges) for eu marine waters by 2020; ### b. whereas the aim of the marine strategy framework directive (msfd) is to protect and preserve the marine environment , prevent its deterioration and restore marine ecosystems , and to achieve good environmental status (ges) for eu marine waters;


### c. whereas fisheries management measures adopted under the cfp are beginning to bear fruit , as the number of fish stocks exploited at sustainable levels is increasing , making higher yields possible for stocks which were until recently overexploited; ### c. whereas fisheries management measures adopted under the cfp are beginning to bear fruit in european waters , as the number of fish stocks exploited at sustainable levels is increasing , making higher yields possible for stocks which were until recently overexploited;


### e. whereas fishing at maximum economic yield (mey) refers to the level of capture at which social , environmental and economic benefits for society are maximised , which improves the resilience of the sector; ### e. whereas fishing at maximum economic yield (mey) refers to the level of capture at which social , environmental and economic benefits for society are maximised , which improves the resilience of the sector; stresses , however , the complexity of its calculation method;


### f. whereas the international union for conservation of nature (iucn) calls for at least 30 % of all marine habitats to be transformed by 2020 into a network of highly protected marine protected areas (mpas) , among other efficient area-based conservation measures , the aim being to have no extractive activities carried out in at least 30% of the ocean; ### deleted


### h. whereas the loss of marine biodiversity has socio-economic impacts on the fishing sector , coastal communities and society as a whole , and should therefore be prevented; whereas rebuilding fish populations would bring larger economic benefits than the current state of marine fish populations , according to the world bank; ### h. whereas the loss of marine biodiversity has socio-economic impacts on the fishing sector , coastal and overseas communities and society as a whole , and should therefore be prevented; whereas rebuilding fish populations would bring larger economic benefits than the current state of marine fish populations , according to the world bank;


### 2. calls on the commission and the member states to strengthen scientific coverage with the objective that 100 % of the fish stocks exploited in european waters be assessed at the latest by 2025 and that the msy can be calculated for all these stocks; ### 2. calls on the member states to strengthen scientific coverage with the objective that 100 % of the fish stocks exploited in european waters be assessed at the latest by 2025 and that the msy can be calculated for all these stocks;


### 3. urges the commission to strengthen the implementation of the ecosystem approach to fisheries management in order to minimise negative impacts on marine ecosystems , fish stocks and society; ### 3. suggests that studies on the ecosystem approach to fisheries management be stepped up in order to establish the extent to which that approach makes it possible to minimise negative impacts on marine ecosystems , fish stocks and society;


### 4. calls on the commission to continue to support plans to improve selectivity and to take into account the results of studies showing the detrimental impacts of fishing techniques such as bottom-contacting gear or fish aggregating devices (fads) by strongly limiting their use; ### 4. calls on the commission to continue to support plans to improve selectivity and to take into account the results of studies showing the detrimental impacts of some fishing techniques;


### 1. recalls the eu’s sustainable commitment to achieving its zero-carbon climate target by 2050 , as confirmed in the european green deal and the recovery plan; ### 1. recalls the eu’s sustainable commitment to achieving its zero-carbon climate target by 2050 , as confirmed in the european green deal and the recovery plan; stresses that tackling the problem of climate change requires global fossil energy consumption to be reduced by a factor of 2 to 4 as soon as possible and , in developed countries , by a factor of 4 to 12 (that is a reduction of 75% to 92%) , and that wind power , which in 2013 replaced 1% of this consumption , continues to provide only marginal room for manoeuvre;


### this regulation lays down rules for the sustainable use of plant protection products by providing for the setting , and achievement by 2030 , of reduction targets for the use and risk of chemical plant protection products , establishing requirements for use , storage , sale and disposal of plant protection products and for application equipment , providing for training and awareness raising , and providing for implementation of integrated pest management. ### this regulation lays down rules for the sustainable use of plant protection products with the aim to reduce the risks and impacts of pesticide use on human health and the environment and promote the use of integrated pest management and of alternative approaches or techniques such as nonchemical alternatives to pesticides by providing for the setting , and achievement by 2030 , of reduction targets for the use and risk of chemical plant protection products , establishing requirements for use , storage , sale and disposal of plant protection products and for application equipment , providing for training and awareness raising , and providing for implementation of integrated pest management.


### (3) the european parliament resolution of 12 february 2019 on the implementation of directive 2009/128/ec on the sustainable use of pesticides41noted that the union must act without delay to transition to a more sustainable use of pesticides and called on the commission to propose an ambitious union-wide binding target for the reduction of pesticide use. the european parliament re-affirmed its call for binding reduction targets in its resolution of 20 october 2021 on a farm to fork strategy for a fair , healthy and environmentally-friendly food system42. ### (3) the european parliament resolution of 12 february 2019 on the implementation of directive 2009/128/ec on the sustainable use of pesticides41noted that the union must act without delay to transition to a more sustainable use of pesticides and called on the commission to propose an ambitious union-wide binding target for the reduction of pesticide use by ensuring that chemicals banned in the eu are not produced or exported. the european parliament re-affirmed its call for binding reduction targets in its resolution of 20 october 2021 on a farm to fork strategy for a fair , healthy and environmentally-friendly food system42and the need to promote an agricultural model that does not depend on synthetic pesticides and does not put at risk our health and that of our environment. .


### 1. supports the just transition to agro-ecological and organic farming; reiterates its support for the ambitions , targets and goals of the farm to fork , biodiversity and zero-pollution strategies; welcomes their published and announced legislative proposals , including those related to the reduction in the use of pesticides and their associated risks and the setting of eu food waste reduction targets; ### 1. supports the just transition to agro-ecological and organic farming; draws attention to the preparation of a comprehensive impact study , which includes the impact on food security , agricultural production and competitiveness in the european union , as well as the impact of banning the use of pesticides in sensitive areas;


### 3. highlights that the availability of plant proteins , if consumed directly , is more than sufficient to meet global protein needs; acknowledges the positive impact that plant-based diets have on humans , animals , the planet and food security; stresses that reducing the number and density of farmed animals can effectively combat the climate and biodiversity crises , decrease the risk of zoonotic diseases and contribute to food security in the short and long terms; ### deleted


### 4. emphasises that biofuel production negatively affects food security; denounces , moreover , the focus on short-term policy measures , for example on fertilisers; ### 4. emphasises the need to develop a realistic approach to biofuel production , given that the discontinuation thereof and thus the loss of protein-rich by-products would significantly exacerbate rather than help alleviate the food crisis;


### 9. considers it irresponsible that the eu continues to support environmentally harmful and cruel practices under the common agricultural policy and common fisheries policy. ### deleted


### (4) companies supported under the solvency support instrument should be established and operating in the union , meaning that they should have their registered office in a member state and should be active in the union in the sense that they have substantial activities in terms of staff , manufacturing , research and development or other business activities in the union. they should pursue activities in support of objectives covered by this regulation. they should have a viable business model and not have been in difficulty in terms of the state aid framework7 already at end 2019. support should be targeted at eligible companies operating in those member states and sectors which are most impacted by the covid-19 crisis and/or where the availability of state solvency support is more limited. ### (4) companies supported under the solvency support instrument should be established and operating in the union , meaning that they should have their registered office in a member state and should be active in a preponderant manner in the union in the sense that they have substantial activities in terms of staff , manufacturing , research and development or other business activities in the union. they should pursue activities in support of objectives covered by this regulation. they should have a viable business model and not have been in difficulty in terms of the state aid framework7 already at end 2019. support should be targeted at eligible companies operating in those member states and sectors which are most impacted by the covid-19 crisis and/or where the availability of state solvency support is more limited. in order to ensure its additionality (the equity financing would not have taken place to the same extent without the support of efsi) , the instrument will also take into account the disparity of equity markets in europe. finally , it would be legitimate not to automatically exclude companies already in difficulty , within the meaning of the state aid rules , at the end of 2019 , before the start of the pandemic , which would be worse off than post-covid-19 companies , even though this definition does not prejudge a company that is irremediably compromised.


### (4) companies supported under the solvency support instrument should be established and operating in the union , meaning that they should have their registered office in a member state and should be active in the union in the sense that they have substantial activities in terms of staff , manufacturing , research and development or other business activities in the union. they should pursue activities in support of objectives covered by this regulation. they should have a viable business model and not have been in difficulty in terms of the state aid framework7 already at end 2019. support should be targeted at eligible companies operating in those member states and sectors which are most impacted by the covid-19 crisis and/or where the availability of state solvency support is more limited. ### (4) companies supported under the solvency support instrument should be established and operating in the union , meaning that they should have their registered office in a member state and should be active in the union in the sense that they have substantial activities in terms of staff , manufacturing , research and development or other business activities in the union. they should pursue activities in support of objectives covered by this regulation. they should have a viable business model and not have been in difficulty in terms of the state aid framework7 already at end 2019. support should be targeted at eligible companies operating in those member states and sectors which are most impacted by the covid-19 crisis in terms of the effect of the lockdown measures on gdp.


### (10) the financing and investment operations should be aligned with current policy priorities of the union such as the european green deal and the strategy on shaping europe’s digital future. support to cross-border activities should also be targeted. ### (10) support to cross-border activities should also be targeted.


### (10) the financing and investment operations should be aligned with current policy priorities of the union such as the european green deal and the strategy on shaping europe’s digital future. support to cross-border activities should also be targeted. ### (10) the financing and investment operations should be aligned with current policy priorities of the union such as the european green deal and the strategy on shaping europe’s digital future. safeguarding employment and support to cross-border activities should also be targeted.


### (2) in accordance with regulation [european union recovery instrument] and within the limits of resources allocated therein , recovery and resilience measures under the solvency support window of the european fund for strategic investments should be carried out to address the unprecedented impact of the covid-19 crisis. such additional resources should be used in such a way as to ensure compliance with the time limits provided for in regulation [euri]. ### (2) in accordance with regulation [european union recovery instrument] and within the limits of resources allocated therein , recovery and resilience measures under the solvency support window of the european fund for strategic investments should be carried out to address the unprecedented impact of the national and regional lockdown measures in response to the covid-19 pandemic. these resources should be used in such a way as to ensure compliance with the time limits provided for in regulation [euri].


### (9) the equity funds , special purpose vehicles , investment platforms and national promotional banks and institutions should provide equity or quasi-equity (such as hybrid debt , preferred stock or convertible equity) to eligible companies , but excluding entities targeting buy-out (or replacement capital) intended for asset stripping. ### (9) the equity funds , special purpose vehicles , investment platforms and national promotional banks and institutions should provide equity to eligible companies , but excluding entities targeting buy-out (or replacement capital) intended for asset stripping and excluding quasi-equity and debt-financing; these investments should not be diverted to operations outside the union.


### (11) financing and investment operations under the solvency support window should be decided upon until end-2024 with at least 60 % of financing and investment operations to be decided by end-2022 to allow for a rapid reaction to the economic crisis caused by the covid-19 pandemic. ### (11) financing and investment operations under the solvency support window should be decided upon until end-2023 with at least 60 % of financing and investment operations to be decided by end-2021 to allow for a rapid reaction to the economic crisis caused by the covid-19 pandemic.


### (12) in order to be able to channel support to the european economy through the european investment fund (eif) , the commission should be in a position to participate in one or more possible capital increases of the eif in order to allow it to continue supporting the european economy and its recovery. the union should be able to maintain its overall share in the eif capital. a sufficient financial envelope to this effect should be foreseen in the revised multiannual financial framework for the current period. ### (12) in order to ensure a stable and sustainable economic recovery across the union , political meddling with investment decisions should be avoided , therefore the commission should not be allowed to participate in one or more possible capital increases of the european investment fund (eif). the union should gradually and swiftly decrease its overall share in the eif capital.


### the operations concerned shall be consistent with union policies , including the european green deal9 and the strategy on shaping europe’s digital future10 , as well as supporting an inclusive and symmetric recovery in the aftermath of the covid-19 pandemic , and support any of the following general objectives:’ ### the operations concerned shall be consistent with union policies , including the european green deal9 , the european pillar of social rights and the strategy on shaping europe’s digital future10 , as well as supporting an inclusive and symmetric recovery in the aftermath of the covid-19 pandemic , and support any of the following general objectives:’


### the eu guarantee shall be granted to support , directly or indirectly , the financing of new operations. in the infrastructure field , greenfield investments (asset creation) should be encouraged. brownfield investments (extension and modernisation of existing assets) may also be supported. under the solvency support window , financing shall aim at improving the equity base of companies and their solvency. the terms of the financing should avoid distorting competition between companies. as a rule , the eu guarantee shall not be granted for supporting refinancing operations (such as replacing existing loan agreements or other forms of financial support for projects which have already partially or fully materialised) , except under the solvency support window or in exceptional and well-justified circumstances where it is demonstrated that such a transaction will enable a new investment of an amount at least equivalent to the amount of the transaction and that would fulfil the eligibility criteria and general objectives laid down in article 6 and article 9(2) respectively. ### the eu guarantee shall be granted to support , directly or indirectly , the financing of new operations. in the infrastructure field , greenfield investments (asset creation) should be encouraged. brownfield investments (extension and modernisation of existing assets) may also be supported. under the solvency support window , financing shall aim at improving the equity base of companies and their solvency. the terms of the financing should avoid distorting competition between companies and be designed in ways that prevent market concentration. as a rule , the eu guarantee shall not be granted for supporting refinancing operations (such as replacing existing loan agreements or other forms of financial support for projects which have already partially or fully materialised) , except under the solvency support window or in exceptional and well-justified circumstances where it is demonstrated that such a transaction will enable a new investment of an amount at least equivalent to the amount of the transaction and that would fulfil the eligibility criteria and general objectives laid down in article 6 and article 9(2) respectively.


### – companies targeted by funds , special purpose vehicles or investment platforms shall be encouraged to comply , to the extent possible , with minimum high-level social and environmental safeguards in line with guidance provided by the steering board. such guidance should include adequate provisions for avoiding undue administrative burdens , taking into account the size of companies and including lighter provisions for smes. companies with a certain level of exposure to a pre-defined list of environmentally harmful activities , in particular the sectors covered by the eu emissions trading system (eu ets) , shall be encouraged to put in place , in the future , green transition plans. companies shall also be encouraged to advance in their digital transformation. technical assistance shall be available to assist companies for the purpose of these transitions. ### – companies targeted by funds , special purpose vehicles or investment platforms shall be required to comply with minimum high-level social and environmental safeguards in line with guidance provided by the steering board. such guidance should include adequate provisions for avoiding undue administrative burdens , taking into account the size of companies and including lighter provisions for smes. companies with a certain level of exposure to a pre-defined list of environmentally harmful activities , in particular the sectors covered by the eu emissions trading system (eu ets) , shall be required to put in place , in the future , within a specified time frame , green transition plans , including measures to reduce carbon emissions. companies shall also be encouraged to advance in their digital transformation. technical assistance shall be available to assist companies for the purpose of these transitions.


### 1. welcomes the commission’s intention to establish the european union as a standard-setting and world-leading region for hydrogen; stresses that hydrogen is an important tool to decarbonise the energy system and to achieve the goals of the paris agreement; notes that an ambitious strategy can generate up to 1 million jobs and eur 150 billion in annual revenue by 2030 , while reducing annual co2 emissions by roughly 560 mt by 2050; calls , therefore , on the commission to introduce a comprehensive terminology and criteria for the certification of renewable and low-carbon hydrogen , since this constitutes the basis for any future investments; ### 1. welcomes the commission’s intention to establish the european union as a standard-setting and world-leading region for hydrogen; stresses that hydrogen is an important tool to decarbonise the energy system and to achieve the goals of the paris agreement; notes that an ambitious strategy can generate up to 1 million jobs and eur 150 billion in annual revenue by 2030 , while reducing annual co2 emissions by roughly 560 mt by 2050; calls , therefore , on the commission to introduce a comprehensive terminology and criteria for the comprehensive certification of renewable and low-carbon hydrogen , since this constitutes the basis for any future investments , while taking into account that this terminology needs to fit into a robust international framework in order to avoid mislabelling or double counting of environmental impacts;


### 1. welcomes the commission’s intention to establish the european union as a standard-setting and world-leading region for hydrogen; stresses that hydrogen is an important tool to decarbonise the energy system and to achieve the goals of the paris agreement; notes that an ambitious strategy can generate up to 1 million jobs and eur 150 billion in annual revenue by 2030 , while reducing annual co2 emissions by roughly 560 mt by 2050; calls , therefore , on the commission to introduce a comprehensive terminology and criteria for the certification of renewable and low-carbon hydrogen , since this constitutes the basis for any future investments; ### 1. welcomes the commission’s intention to establish the european union as a standard-setting and world-leading region for hydrogen; stresses that hydrogen can be an important tool to help decarbonise the energy system and to achieve the goals of the paris agreement; notes that an ambitious strategy can generate up to 1 million jobs and eur 150 billion in annual revenue by 2030 , while reducing annual co2 emissions by roughly 560 mt by 2050; calls , therefore , on the commission to introduce a comprehensive terminology and criteria for the certification of renewable and low-carbon hydrogen , since this constitutes the basis for any future investments; notes that terminology should also include the different ways of hydrogen consumption;


### 2. notes that hydrogen may be produced through a variety of processes; stresses the importance of a clear commitment to the transition to renewable and ultra-low-carbon hydrogen production to achieve the union’s 2050 climate neutrality target , while ensuring technological neutrality; points out that during a transitional period , incentives will be required to scale-up renewable and ultra-low-carbon hydrogen in industry and the transport sector , building on the established emission trading system (ets) framework; ### 2. notes that hydrogen may be produced through a variety of processes; stresses the importance of a clear commitment to the transition to renewable and ultra-low-carbon hydrogen production to achieve the union’s 2050 climate neutrality target , while ensuring technological neutrality; points out , however , that during a transitional period , incentives will be required to ensure a level playing field and scale-up renewable and ultra-low-carbon hydrogen in industry and the transport sector , building on the revision of the renewable energy directive (red) and established emission trading system (ets)framework;


### 2. notes that hydrogen may be produced through a variety of processes; stresses the importance of a clear commitment to the transition to renewable and ultra-low-carbon hydrogen production to achieve the union’s 2050 climate neutrality target , while ensuring technological neutrality; points out that during a transitional period , incentives will be required to scale-up renewable and ultra-low-carbon hydrogen in industry and the transport sector , building on the established emission trading system (ets) framework; ### 2. notes that hydrogen may be produced through a variety of processes; stresses the importance of a clear commitment to the transition to 100% renewable hydrogen production to achieve the union’s 2050 climate neutrality target , while ensuring technological neutrality; points out that during a transitional period , incentives will be required to scale-up renewable and zero-carbon hydrogen in industry and the transport sector , building on the established emission trading system (ets) framework;


### b. whereas the transition to a net-zero greenhouse gas economy requires a clean energy transition that ensures sustainability , security of supply and affordability of energy; ### b. whereas the transition to a net-zero greenhouse gas economy requires a clean energy transition that ensures sustainability , technology neutrality , security of supply , affordability of energy and competitiveness of energy prices;


### d. whereas the effectiveness of the wfd depends upon its implementation by the member states; ### d. whereas the effectiveness of the wfd depends upon its implementation by the member states; whereas regional authorities are also responsible for the implementation of the wfd; whereas member states may develop water strategies contrary to the will of affected regions;


### l. whereas there are currently over 21.000 hydropower plants in europe; whereas no comprehensive eu action has taken place for dam removal; ### l. whereas there are currently over 21.000 hydropower plants in europe; whereas no comprehensive eu action has taken place for dam removal; whereas the sponging of huge waterproofed surfaces could be the solution to ensure greater drainage capacity in urban drainage networks;


### 2. welcomes the assessment of the commission that the wfd is fit for purpose , yet its implementation needs to be improved and speeded up; ### 2. welcomes the assessment of the commission that the wfd is fit for purpose , yet its implementation needs to be improved and speeded up , taking into consideration that regional authorities should be involved in the correct and proper implementation of the wfd in order to achieve its objectives;


### 3. regrets that the objectives of the wfd still are not reached mainly due to inadequate funding , particularly slow implementation , insufficient enforcement and broad use of the exemptions of the directive , that integration of environmental objectives in sectoral policies have been insufficient , and that half of the eu`s water bodies are still not in a good status; ### 3. regrets that the objectives of the wfd still are not reached mainly due to inadequate funding , particularly slow implementation , insufficient enforcement and broad use of the exemptions of the directive , that integration of environmental objectives in sectoral policies have been insufficient , that not all authorities with water management competences may have been considered , and that half of the eu`s water bodies are still not in a good status;


### 4. notes that climate change can have a significant negative impact on freshwater sources with droughts leading to depleted river flows and higher concentrations of pollutants , and intense rainfall leading to increased urban and agricultural run-off; emphasises that increasing temperatures lead to increased water stress , impacting several economic sectors; underlines that resilience of water ecosystems , flooding and water scarcity should be duly taken into account in the upcoming eu climate adaptation strategy; ### 4. notes that climate change can have a significant negative impact on freshwater sources with droughts leading to depleted river flows and higher concentrations of pollutants , and intense rainfall leading to increased urban and agricultural run-off; emphasises that increasing temperatures lead to increased water stress , impacting several economic sectors; underlines that resilience of water ecosystems , flooding and water scarcity should be duly taken into account in the upcoming eu climate adaptation strategy and also in the wfd implementation process (rbm planning process);


### 4. notes that climate change can have a significant negative impact on freshwater sources with droughts leading to depleted river flows and higher concentrations of pollutants , and intense rainfall leading to increased urban and agricultural run-off; emphasises that increasing temperatures lead to increased water stress , impacting several economic sectors; underlines that resilience of water ecosystems , flooding and water scarcity should be duly taken into account in the upcoming eu climate adaptation strategy; ### 4. notes that climate change can have a significant negative impact on freshwater sources with droughts leading to depleted river flows and higher concentrations of pollutants , and intense rainfall leading to increased urban and agricultural run-off; emphasises that increasing temperatures lead to increased water stress , impacting several economic sectors as well as on quality of people’s life; underlines that resilience of water ecosystems , flooding and water scarcity should be duly taken into account in the upcoming eu climate adaptation strategy;


### 5. notes that there is room for improvement in the area of chemicals; calls on the commission to update relevant substances contained in the annexes to the wfd; recommends the development of new guidelines on improved monitoring methods for chemical mixtures; ### 5. notes that there is still lots to do to prevent the release of chemicals , such as pfoa and pfas , in water; calls on the commission to update relevant substances contained in the annexes to the wfd and set up a timeline to phase out all pfas; recommends the development of new guidelines on improved monitoring methods for chemical mixtures;


### 5. notes that there is room for improvement in the area of chemicals; calls on the commission to update relevant substances contained in the annexes to the wfd; recommends the development of new guidelines on improved monitoring methods for chemical mixtures; ### 5. notes that there is room for improvement in the area of chemicals; calls on the commission to update relevant substances contained in the annexes to the wfd; recommends the development of new guidelines on improved monitoring methods and reporting for chemical mixtures;


### 6. notes that the “one-out-all-out”-principle should remain intact , yet poses a problem in the communication on progress made with regards to single parameters; calls for complementary reporting methodologies (such as distance to target);; highlights the importance of transparency and provision of comprehensive information to the public on the quality of water in the eu; ### 6. notes that maintaining of the “one-out-all-out”-principle poses a problem in the communication on progress made with regards to single parameters; calls on the commission to elaborate complementary reporting methodologies (such as distance to target); highlights the importance of transparency and provision of comprehensive information to the public on the quality of water in the eu;


### 7. deplores the use of exemptions for over half of europe’s water bodies , with limited justification; calls for an update of guidance documents for the use of exemptions in order to reduce this practice; ### 7. deplores the use of exemptions for over half of europe’s water bodies , with limited justification; calls on the commission and member states to update the guidance documents for the use of exemptions in order to reduce this practice , highlighting that the documents shall take into account provisions laid down in point 4;


### 8. regrets that the cost-recovery principle , that foresees that all water users have an effective and proportionate financial participation , remains low to non-existent in several member states; calls on member states to consider and implement adequate water pricing policies and fully apply the cost recovery principle in line with the wfd; emphasises however that all citizens should have affordable access to water; ### 8. points out that access to water and sanitation is a universal human right and that therefore all citizens should have a minimum daily amount per person and free access to water;


### 10. notes that hydropower stations provide the largest share of renewable energy in the eu , points out , however , that the construction of dams can negatively affect habitats and that the wfd imposes strict criteria for the protection of hydromorphological conditions; calls for strict assessments of the impacts of resulting alterations to water quality and ecosystems; ### 10. notes that hydropower and small hydro stations provide the largest share of renewable energy in the eu , points out , however , that the construction of dams can negatively affect habitats and that the wfd imposes strict criteria for the protection of hydromorphological conditions; calls for strict assessments of the impacts of resulting alterations to water quality and ecosystems;


### 13. notes that the uwwtd does not sufficiently reflect the problems of storm water overflows and urban runoff , individual systems and small agglomerations; ### 13. notes that the uwwtd does not sufficiently reflect the problems of storm water overflows and urban runoff , individual systems and small agglomerations and the impacts of the treated waste water to the recipient water body;


### 13. notes that the uwwtd does not sufficiently reflect the problems of storm water overflows and urban runoff , individual systems and small agglomerations; ### 13. notes that the uwwtd does not sufficiently reflect the problems of storm water overflows and urban runoff , , the increasing of water overflows , individual systems and small agglomerations caused by climate change;


### 14. calls on member states to achieve full compliance with the wfd as soon as possible , and in any case no later than 2027; ### 14. calls on member states to achieve full compliance with the wfd as soon as possible , according to the deadlines in the wfd;


### 14. calls on member states to achieve full compliance with the wfd as soon as possible , and in any case no later than 2027; ### 14. calls on member states to achieve full compliance with the wfd as soon as possible , and in any case no later than 2027; calls on member states to use expertise that may have been developed in their regional and local authorities in case these possess water management competences;


### 16. calls on the commission to take strict and swift action on pursuing infringements of member states to ensure full compliance of all member states with the wfd as soon as possible , and no later than 2027; urges the commission to act on the open infringement cases related to systemic violation of the water legislation; ### 16. calls on the commission to take strict and swift action on pursuing infringements of member states to ensure full compliance of all member states with the wfd as soon as possible; urges the commission to act on the open infringement cases related to systemic violation of the water legislation;


### 17. stresses the need for alignment of the common agricultural policy (cap) with the wfd regarding the need for increased water protection measures in agriculture; welcomes the inclusion of improved nutrient management as one of the objectives of the new cap strategic plans and of the biodiversity strategy; ### 17. stresses the need for alignment of the common agricultural policy (cap) with the wfd regarding the need for increased water protection measures in agriculture; welcomes the inclusion of improved nutrient management as one of the objectives of the new cap strategic plans and of the biodiversity strategy; calls the commission to ensure the implementation of the wfd via the means of cohesion policy (cpr1a , erdf/cf1b) and in line with policy objective 2 of the cpr; the cpr should contain a specific intervention field for the implementation of the wfd , while operations with adequate indicators should give priority to support the investments contributing to the achievement of the good status of waterbodies


### 17. stresses the need for alignment of the common agricultural policy (cap) with the wfd regarding the need for increased water protection measures in agriculture; welcomes the inclusion of improved nutrient management as one of the objectives of the new cap strategic plans and of the biodiversity strategy; ### 17. stresses the need for alignment of the common agricultural policy (cap) with the wfd regarding the need for increased water protection measures in agriculture; welcomes the inclusion of improved nutrient management , pesticides reduction targets and increased organic farming as some of the objectives of the new cap strategic plans and of the biodiversity strategy;


### 18. urges the commission to streamline and improve monitoring systems for water quality , collecting , among others , data on pesticide residue and metabolites in the water bodies in europe; ### 18. urges the commission to streamline and improve monitoring systems for water quality , collecting , among others , data on pesticide residue , metabolites , pfas , pharmaceutical residues and microplastics in the water bodies in europe;


### 19. calls on the commission and the member states to develop drought management strategies as part of the river basin management plans and flood risk management plans; ### 19. calls on the commission , the member states and , where applicable , regional authorities to develop drought management strategies as part of the river basin management plans and flood risk management plans;


### 20. suggests to address droughts with projects for the reuse of disused quarries , transformed into basins to contain rainwater and flood waves; encourages research and investments in this direction; ### 20. suggests to address droughts with projects for the reuse of disused quarries , transformed into basins to contain rainwater and flood waves; encourages research and investments in this direction; notes that the use of abandoned quarries as a solution should not be the only one and sometimes it could not be suitable; calls on the union and its member states to develop a balance between adopting both solutions;


### 21. calls on the member states to identify and secure the necessary funds and to step up efforts to maintain and reinvest in existing infrastructures that do not raise environmental or public health concerns; stresses the need to provide financial support for innovative methods and nature-based solutions; ### 21. calls on the member states and , where applicable , regional authorities to identify and secure the necessary funds and to step up efforts to maintain and reinvest in existing infrastructures that do not raise environmental or public health concerns; stresses the need to provide financial support for innovative methods and nature-based solutions;


### 21. calls on the member states to identify and secure the necessary funds and to step up efforts to maintain and reinvest in existing infrastructures that do not raise environmental or public health concerns; stresses the need to provide financial support for innovative methods and nature-based solutions; ### 21. calls on the commission , the council and the member states to identify and secure the necessary funds and to step up efforts to maintain and reinvest in existing infrastructures that do not raise environmental or public health concerns; stresses the need to provide financial support for innovative methods and nature-based solutions;


### 22. encourages a better integration of the flood risk management directive in policies on prioritising nature-based solutions , and adjusting funding streams accordingly; ### 22. encourages the commission and the member states to better integrate the flood risk management directive in policies on prioritising nature-based solutions , and adjusting funding streams accordingly;


### 23. calls for increased action at union and member state level to tackle pollutants of emerging concern , such as microplastics and pharmaceuticals; ### 23. calls for increased action at union and member state level to tackle pollutants of emerging concern , such as macro- and microplastics and pharmaceuticals;


### 23. calls for increased action at union and member state level to tackle pollutants of emerging concern , such as microplastics and pharmaceuticals; ### 23. calls for increased action at union , member state and regional level to tackle pollutants of emerging concern , such as microplastics and pharmaceuticals;


### 23. calls for increased action at union and member state level to tackle pollutants of emerging concern , such as microplastics and pharmaceuticals; ### 23. calls for increased action at union and member state level to tackle pollutants of emerging concern , such as pfas , microplastics and pharmaceuticals;


### products and equipment unlawfully placed on the market after the date referred to in the first subparagraph , shall not be subsequently used or supplied , or made available to other persons within the union for payment or free of charge or exported. such products and equipment may only be stored or transported for subsequent disposal and for the recovery of the gas prior to the disposal pursuant to article 8. ### products and equipment unlawfully placed on the market after the date referred to in the first subparagraph , shall not be subsequently used or supplied , or made available to other persons within the union for payment or free of charge or exported. such products and equipment may only be stored or transported for subsequent return to the origin country or for disposal and for the recovery of the gas prior to the disposal pursuant to article 8.


### 2. the prohibition set out in paragraph 1 , first subparagraph , shall not apply to equipment for which it has been established in ecodesign requirements adopted under directive 2009/125/ec that due to higher energy efficiency during its operation , its lifecycle co2 equivalent emissions would be lower than those of equivalent equipment which meets relevant ecodesign requirements. ### 2. the prohibition set out in paragraph 1 , first subparagraph , shall not apply to equipment for which it has been established in ecodesign requirements adopted under directive 2009/125/ec that due to higher energy efficiency during its operation , its lifecycle co2 equivalent emissions would be lower than equipment which meets relevant ecodesign requirements.


### 2. the prohibition set out in paragraph 1 , first subparagraph , shall not apply to equipment for which it has been established in ecodesign requirements adopted under directive 2009/125/ec that due to higher energy efficiency during its operation , its lifecycle co2 equivalent emissions would be lower than those of equivalent equipment which meets relevant ecodesign requirements. ### 2. the prohibition set out in paragraph 1 , first subparagraph , shall not apply to equipment for which it has been established in ecodesign studies and/or requirements adopted under directive 2009/125/ec that due to higher energy efficiency during its operation , its lifecycle co2 equivalent emissions would be lower than equipment which meets relevant ecodesign requirements.


### following a substantiated request by a competent authority of a member state and taking into account the objectives of this regulation , the commission may , exceptionally , by means of implementing acts , authorise an exemption for up to four years to allow the placing on the market of products and equipment listed in annex iv , including parts thereof , containing fluorinated greenhouse gases or whose functioning relies upon those gases , where it is demonstrated that: ### following a substantiated request by a competent authority of a member state and taking into account the objectives of this regulation , the commission may , exceptionally , by means of implementing acts , authorise an exemption for up to four years to allow the placing on the market of products and equipment listed in annex iv , containing fluorinated greenhouse gases or whose functioning relies upon those gases , where it is demonstrated that:


### the tonnes of co2 equivalent of bulk gases and of gases contained in products or equipment , and parts thereof. ### the tonnes of co2 equivalent of bulk gases and of gases contained in products or equipment.


### 1. this regulation applies to the fluorinated greenhouse gases listed in annexes i , ii and ii , whether alone or in a mixture. ### 1. this regulation applies to products and equipment , containing fluorinated greenhouse gases or whose functioning relies upon those gases.


### 1. this regulation applies to the fluorinated greenhouse gases listed in annexes i , ii and ii , whether alone or in a mixture. ### 1. this regulation also applies to products and equipment , containing fluorinated greenhouse gases or whose functioning relies upon those gases.


### (6) ‘placing on the market’ means the supplying or making available to another person within the union , for the first time , for payment or free of charge , the customs release for free circulation in the union , and the use of substances produced or the use of products or equipment manufactured for own use; ### (6) ‘placing on the market’ means supplying or making available to another party in the union for the first time , for payment or free of charge , or using for its own account in the case of a producer , and includes customs release for free circulation in the union;


### (6) ‘placing on the market’ means the supplying or making available to another person within the union , for the first time , for payment or free of charge , the customs release for free circulation in the union , and the use of substances produced or the use of products or equipment manufactured for own use; ### (6) ‘placing on the market’ means supplying or making available to another party in the union for the first time , for payment or free of charge , or using for its own account in the case of a producer , and includes customs release for free circulation in the union.


### (9) ‘hermetically sealed equipment’ means equipment in which all fluorinated greenhouse gas containing parts are made tight during its manufacturing process at the premises of the manufacturer by welding , brazing or a similar permanent connection , which may include capped valves or capped service ports that allow proper repair or disposal; ### (9) 'hermetically sealed equipment’ means equipment in which all refrigerant containing parts are made tight by welding , brazing or a similar permanent connection , which may include capped valves or capped service ports that allow proper repair or disposal. these capped valves have a tested leakage rate of less than 3 grams per year under a pressure of at least a quarter of the maximum allowable pressure;


### (9) ‘hermetically sealed equipment’ means equipment in which all fluorinated greenhouse gas containing parts are made tight during its manufacturing process at the premises of the manufacturer by welding , brazing or a similar permanent connection , which may include capped valves or capped service ports that allow proper repair or disposal; ### (9) 'hermetically sealed equipment’ means equipment in which all refrigerant containing parts are made tight by welding , brazing or a similar permanent connection , which may include capped valves or capped service ports that allow proper repair or disposal. these capped valves have a tested leakage rate of less than 3 grams per year under a pressure of at least a quarter of the maximum allowable pressure.


### the placing on the market of products and equipment , including parts thereof , listed in annex iv , with an exemption for military equipment , shall be prohibited from the date specified in that annex , differentiating , where applicable , according to the type or global warming potential of the gas contained. ### the placing on the market of products and equipment , listed in annex iv , with an exemption for military equipment , shall be prohibited from the date specified in that annex , differentiating , where applicable , according to the type or global warming potential of the gas contained.


### b. whereas the development and deployment at scale of carbon removal solutions is indispensable to climate neutrality and requires significant targeted support over the next decade for carbon capture , utilisation and storage (ccus); ### b. whereas the development and deployment at scale of carbon removal solutions is indispensable to climate neutrality and requires significant targeted support over the next decade for carbon capture and utilisation (ccu);


### 1. welcomes the commission communication of 15 december 2021 on sustainable carbon cycles (com(2021)0800); ### 1. takes note of the commission communication of 15 december 2021 on sustainable carbon cycles (com(2021)0800);


### 2. reiterates that the european climate law sets the goal of climate neutrality by 2050 , and recognises the need to drastically reduce carbon reliance; ### deleted


### by [2 years after the entry into force] , member states shall adopt a plan or plans designating , within the areas referred to in article 15b(1) , renewables go-to areas for one or more types of renewable energy sources. in that plan or plans , member states shall: ### by [no more than 2 years after the entry into force] , member states shall adopt a plan or plans designating , within the areas referred to in article 15b(1) , renewables go-to areas for one or more types of renewable energy sources. in that plan or plans , member states shall:


### a. whereas the forestry sector is an essential contributor to achieving the eu target of reducing greenhouse gas emissions by at least 55 % by 2030 , while also being a major source of biodiversity and playing an important role in the lives of communities; ### a. whereas the forestry sector is an essential contributor to reducing greenhouse gas emissions , while also being a major source of biodiversity and playing an important role in the lives of communities;


### 1. recalls the eu’s responsibility in the protection , restoration and resilience of the world’s forests , which should prioritise proforestation in forest management as a strategy for increasing carbon sequestration and biodiversity benefits; ### 1. recalls that forests and wooded land cover over 182 million hectares in the eu which is about 42% of the eu's total land area (eurostat) and this area is continuously growing due to the effort of the member states and forest make up almost half of the area of natura 2000 protection sites (ie. 37.5 million ha) and 23% of all forest in europe are within natura 2000 sites; recalls the eu’s responsibility in the protection , restoration and resilience of the world’s forests , which should prioritise proforestation in forest management as a strategy for increasing carbon sequestration and biodiversity benefits because forests play a significant role in reducing greenhouse gas emissions as they have high co2 absorption capacity


### 2. recognises the multifunctional role of forests; stresses that policies that enhance biodiversity will help tackle climate change; calls on the eu to address the challenges and trade-offs resulting from the increasing demand for wood for materials , energy and the bioeconomy and the related rising risks of embodied deforestation imports , land grabbing , illegal logging and violation of indigenous peoples’ and local communities’ rights; ### 2. recognises the multifunctional role of forests; calls for sustainable forest management (sfm) which has not only economic benefit but the forest growth also help to implement climate goals , which is key in decreasing deforestation and forest degradation; stresses that policies that enhance biodiversity will help tackle climate change; calls on the eu to address the challenges and trade-offs resulting from the increasing demand for wood for materials , energy and the bioeconomy and the related rising risks of embodied deforestation imports , land grabbing , illegal logging and violation of indigenous peoples’ and local communities’ rights;


### 3. stresses that eu bioenergy policy , notably the renewable energy directive , must meet strict environmental and social criteria , reflecting the need to ensure effective recognition of and respect for customary land tenure rights of forest-dependent communities and of indigenous people; ### 3. stresses that eu bioenergy policy , notably the renewable energy directive , must meet strict environmental and social criteria , reflecting the need to ensure effective recognition of and respect for customary land tenure rights of forest-dependent communities and of indigenous people; stresses that priority should be given also to knowledge on forestry and forest protection , including innovation and digitalisation , as well as knowledge transfer


### 4. calls on the union and its member states to exclude burning forest biomass from any renewable energy targets; ### 4. calls on the union and its member states to exclude burning forest biomass from any renewable energy targets; calls on the eu to consider providing support to third countries with the potential to switch to non-wood based renewable energy sources , thereby reducing the pressure on deforestation caused by the use of wood as fuel , and encourages actions to increase forest cover and other wooded land where relevant , especially in abandoned lands , close to urban and peri-urban areas as well as in mountainous areas considering regional siteand changing climatic condition


### 5. calls on the union to comply with the principle of policy coherence for development and to ensure consistency between its development , trade , agriculture , energy and climate policies; ### 5. calls on the union to comply with the principle of policy coherence for development and to ensure consistency between its development , trade , agriculture , energy and climate policies; recognises the positive economic , societal and environmental contribution of the forest industry and ask for further investment in research , innovation and technological advancement;


### 6. recalls that the sustainability chapters of trade agreements must contain binding and enforceable forest-specific , human rights and responsible business conduct provisions; ### 6. recalls that the sustainability chapters of trade agreements must contain forest-specific , human rights and responsible business conduct provisions; calls for strengthening standards and certification schemes that already exist instead of new ones and that those standards and certification need to comply with wto rules