The Capital Markets Union project has been at the heart of this Commission’s ambition to boost growth in Europe, invest in innovation and promote the EU’s global competitiveness. With now 11 out of 13 proposals agreed, the CMU will become a true driver of investment in the Single Market, providing additional sources of financing to EU companies and opportunities for citizens to save for their future. The CMU channels investment to environmentally-friendly projects, thereby contributing to the EU’s sustainable and carbon-neutral agenda.
Building up a more sustainable and resilient European economy and completing Economic and Monetary Union (EMU) should be priorities for the next European Commission and European Parliament: these points emerged from a public hearing held by the European Economic and Social Committee (EESC) on 12 April 2019.
The European Securities and Markets Authority (ESMA) has issued today the official translations of its Guidelines on EMIR Anti-Procyclicality Margin Measures for Central Counterparties.
A briefing by the European Parliamentary Research Service.
Senior officials representing resolution, regulatory and supervisory authorities, central banks, and finance ministries in the United States, the United Kingdom, and the European Banking Union will hold a meeting on Saturday, April 13, as part of a series of regular exchanges to enhance understanding of one another’s resolution regimes for global systemically important banks and strengthen coordination on cross-border resolution.
The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) setting out conditions to allow institutions to calculate capital requirements of the securitised exposures (KIRB) in accordance with the purchased receivables approach laid down in the amended Capital Requirements Regulation (CRR).