Its rules will be enforced by the national market surveillance
authorities in EU countries.
When I tell them that market surveillance
rules are blocked because of an item from another legislation, which does not even concern them, they find this unbelievable.
To address the aforementioned issues, the Ministry of Economic Development and Trade of Ukraine, as the body responsible for the shaping of market surveillance
policy, has initiated the holding of a meeting of the coordination platform between market surveillance
The project aims to reinforce the market surveillance
system for medical devices by improving the coordination of activities by all member states of the European Union, and ensuring adequate communications and cooperation.
MEPs are therefore pleased that the draft regulation on market surveillance
brings the rules together into one instrument, which will no longer distinguish between the use of the product (by a consumer or professional) or between harmonised products (chemical products, toys, cosmetics, etc) and non-harmonised products.
The combination of the Progress Apama Complex Event Processing (CEP) Platform and Detica's market surveillance
and trading expertise is expected to deliver a real-time and post-trade market surveillance
system that will capture breaches of trading rules, eliminate market irregularities and develop enhanced trading execution analytics.
In addition, the competitive force of broader participation will be reinforced by proposals targeted at manipulative abuse: tighter enforcement of auction rules and enhanced market surveillance
by the Federal Reserve Bank of New York to identify potential manipulative episodes that could trigger SEC investigation and Treasury supply management to reopen offerings.
Daniel Dalton (ECR, UK), who is steering this legislation through Parliament, has tabled 196 amendments to the Commissions draft regulation to overhaul the current system, including on the obligations of the national approval authorities, market surveillance
authorities and car manufacturers, the designation of the technical services performing the tests, the duration of the type-approvals and on the access to the vehicles software and engine management strategies.
The aim of the European Commissions product safety and market surveillance
package is to perform a major cleanup of a complex legislative architecture.