“On July 19, the European Commission (EC) issued a press release, announcing that it has referred Spain and Slovenia to the Court of Justice of the European Union (ECJ) for their failure to fully enact the revised Markets in Financial Instruments Directive (MiFID II) and certain MiFID II implementing legislation. The deadline for implementation by all EU member states was January 3, 2018.

On the same day, the EC separately confirmed that it has referred Spain to the ECJ for its failure to fully implement the EU Capital Requirements Directive (CRD IV) into national law. EU member states had until December 31, 2013 to do so. Following the EC’s formal request to transpose the CRD IV into national law in January 2015 and issuance of a reasoned opinion in January 2018, Spain has not subsequently notified the EC of the relevant missing measures.” (National Law Review)


A memorial ceremony at the Russian Chapel today under Vršič attracted a multiparty crowd of visitors and among them many distinguished names. In his address, the honorary patron of the ceremony, Slovenian President Borut Pahor stressed that efforts for peace are an inspirational sense of living.

‘It is necessary to abstain from any violence,’ added Borut Pahor and highlighted the case of an attack on journalists a few days ago. For the president this was not just an attack on journalists, but he understood the attack as an attack on all of us and a grave violation of freedom. ‘We should not get used to violence and intolerance,’ the President stressed. ‘Since the First World War, mankind has not learned enough, and that’s why the Second World War broke out,’ the President assessed, and wondered ‘if we learned from these experiences enough that there would be no Third World War. With the judgments and decisions, the most responsible leaders must not call into question peace.’ ‘This is their responsibility to generations for the future and also for future generations,’ he added and warned that ‘during the war we are dreaming about peace, but in the period of peace we forget about this. Therefore, peace should be considered,’ Pahor said.” (translated from Delo)