Legislation on Banking & Financial Services

Capital Markets Union

• A single EU market for capital to boost jobs and growth
• Covered bonds and covered bond public supervision
• Capital Markets Union Action Plan

Financial supervision and risk management

• Sustainability-related disclosures in the financial services sector
• Banking Union
  • Single supervisory mechanism framework regulation
• Supervision of financial institutions
  • Credit rating agencies
  • Supervision of financial conglomerates
  • Reporting of supervisory financial information
  • European Securities and Markets Authority (ESMA)
  • European Systemic Risk Board
  • European Insurance and Occupational Pensions Authority (EIOPA)
  • European Banking Authority (EBA)
  • European Banking Committee
  • ECB Banking Supervision
    • European Central Bank — Close cooperation within the Single Supervisory Mechanism with non-euro EU countries
    • Systemically important payment systems (SIPS)
    • Supervising banks' health: ECB accountability and transparency
    • Single supervisory mechanism framework regulation
    • The European Central Bank’s role in supervising banks
    • The European Central Bank (ECB)
    • Powers of the ECB to impose sanctions
    • Failing banks and investment firms: rules and procedures
    • Eurosystem procurement framework

Managing risks to banks and financial institutions

• Addressing troubled financial institutions’ problems
• State aid: European Union financial crisis rules for banks
• Reorganisation and winding-up of credit institutions
• Prudential requirements for credit institutions and investment firms
• Liquidity coverage requirement for credit institutions
• Failing banks and investment firms: rules and procedures
• EU notification procedure for UCITS
• Establishing bank resolution funds
• Deposit guarantee schemes
• Crisis management in the financial sector
• Banks and investment firms – prudential supervision

Consumer finance and payments

• Consumer finance
  • Buying residential immovable property – rules on loans
  • Opening/switching bank accounts and information on fees
  • Key information about investment products
  • Deposit guarantee schemes
  • Consumer credit agreements
• Payment services
  • Cross-border payments in the EU
  • Single Euro Payments Area Regulation
  • Revised rules for payment services in the EU
  • Fees for card-based payments
  • Electronic money: business and prudential supervision
  • ECB Guideline on TARGET2

Financial markets, financial instruments

• Securities markets
  • Admission of securities to official stock-exchange listing and information to be published on those securities
  • Transparent securities financing transactions
  • Simpler, more transparent and more standardised securitisation
  • Short selling of securities
  • Preventing market abuse in financial markets
  • Protecting investors when an investment firm fails
  • Prospectus to be published when securities are offered to the public or admitted to trading on a regulated market
  • Markets in financial instruments regulation (MiFIR)
  • Issuers of securities - more transparent information
  • Criminal sanctions for market abuse
  • Better regulated and transparent financial markets
• Investment funds
  • Cross-border distribution of collective investment undertakings
  • UCITS: organisational requirements and rules of conduct
  • Strengthening the global competitiveness of EU investment funds
  • Rules on the obligations of depositaries for EU investment funds
  • Key information about investment products
  • Fund mergers and master-feeder structures relating to undertakings for collective investment in transferable securities (UCITS)
  • Hedge funds and private equity funds — rules for managers
  • European venture capital funds
  • European social entrepreneurship funds
  • European crowdfunding service providers for business
  • Ensuring accuracy and integrity of benchmarks
• Post-trade services
  • EU rules on over-the-counter derivatives contracts, central counterparties and trade repositories
  • Settlement finality in payment and securities settlement systems
  • Recovery and resolution of central counterparties
  • Financial collateral arrangements - improving legal clarity
  • Improving securities settlement in the EU

Capital movements

• Effects of foreign legislation on the EU’s financial interests
• Purchasing property in other EU countries
• Free movement of capital in the EU

Insurance and pensions

• Civil liability insurance for motor vehicles
• Export credit insurance
• Insurance and reinsurance
• Insurance and occupational pensions: advisory committee
• Disaster insurance

Company reporting and auditing

• Accounting documents of branches of foreign credit and financial institutions
• The statutory audit — ensuring accurate company financial statements
• Rules for statutory audit of public-interest entities
• International Financial Reporting Standards (IFRSs)
• International accounting standards adopted within the European Union
• Insurance companies: annual accounts
• Disclosure of non-financial and diversity information by large companies and groups
• Annual accounts of banks and other financial institutions