http://www.internetnews.me/2013/07/04/article-29-working-party-to-icann-eu-registrars-exempt-from-data-retention-requirements/
The totally predictable outcome of the over reach on data retention and validation etc in the new RAA is that EU registrars will end up being exempt due to the requirements being unlawful.
Which is pretty much what everyone has been telling ICANN since this started, and renders the entire process fairly ridiculous. 

Cheers
David