During the December plenary session, the European Parliament, the Commission and the Council agreed on their policy priorities for 2017. On the legislative priority list of fast-tracked initiatives, a ‘new boost to jobs, growth and investment’ ranks first and includes financial sector regulation in the context of the Banking Union and the Capital Markets Union (CMU) project.
On the agenda of the Commission work programme 2017 are a mid-term review of the CMU’s progress, the completion of the Securitisation Regulation and the conclusion of the review of the Prospectus Directive. Furthermore, a REFIT review of the European Market Infrastructure Regulation (EMIR) will be conducted and an action plan for retail financial services issued. In response to new international standards, the Capital Requirement Regulation and Directive as well as the Bank Recovery and Resolution Directive will be reviewed. Finalyse is continually monitoring policy developments and offering its clients regulatory briefings and regulatory compliance services.
Category: Group News
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