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EU Proposes New Digital Age Measures for Payments and Financial Sector

EU aims to usher the financial sector into the digital era, improving consumer protection, fostering competition, and ensuring secure data sharing for access to better and more affordable financial products and services. The proposed new rules cover electronic payments and open banking services, with revision of the Payment Services Directive and regulations for Financial Data Access.
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The EU has a complete legislation on various banking issues and more recently has adopted a series of reforms to secure financial stability and improve the supervision of financial markets.

​EU Legislative Activity

All EU Legislation in force and under discussion. All working documents.  Follow the meetings of the committees and of the EP Plenary. In streaming or the recording. All EU Council decisions as well..
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Regulation & Supervision

The EU has introduced a specific regulatory process for financial services. The EU’s supervisory architecture consists of 3 European supervisory authorities and a board to monitor systemic risks.
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Banking

Single Supervisory Mechanism, Single Resolution Mechanism, European Deposit Insurance Scheme, Sovereign Bond-backed Securities (SBBS). Banking Union.
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Capital Markets

The capital markets union (CMU) is a plan to create a single market for capital. The aim is to get money – investments and savings – flowing across the EU to help consumers, investors and companies.
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Financial Markets

Secutity markets, Corporate bonds, Investment funds, Regulating credit rating agencies, Post-trade services, Prudential rules for investment firms, Financial supervision of shadow banking, Crowdfunding.
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Consumer Finance and Payments

EU policies aim to protect consumers and create a single market in retail financial services. It created the Single payments market and regulates Payment Services..
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Digital Finance - Fintech

New financial technologies can facilitate access to financial services and improve the efficiency of the financial system. Read about Crypto-assets, Digital euro and EU framework for financial data access

International Relations

EU has a financial system integrated with the rest of world.  EU is active in international forums and holds bilateral relations with third countries, In some case, EU must intervene with sanctions.
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Enforcement and Infringements of Banking and Finance Laws

The application of EU directives is essential for the optimal functioning of the European banking and financial system. This is why monitoring the application of EU rules is a crucial step.

Financial Crime

EU has its supervisory system, consisting of three European supervisory authorities and a board to monitor systemic risks.. For risk management concerning banks and financial institutions, EU has prepared specific provisions and regulations.

Financial Markets

EU is working in order to make safe the EU financial markets: Securities markets, Investment Funds, Post-trade Services, Corporate Bonds and rules on Capital Movements. The EU Commission regularly monitors the functioning of financial markets in the EU

Insurance & Pensions

EU Risk management and supervision of insurance companies (Solvency 2), Insurance distribution, all kind of insurances, all pension funds, Insurance & pensions authorities and organisations.
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