What’s next for securities markets in Europe?

On 15 January, European legislators reached an agreement on the review of the Markets in Financial Instruments Regulation and Directive (MiFIR/MiFID II).  The reviewed framework will increase competition and forms also part of the EU’s commitment to decrease systemic risk in the over-the-counter derivatives market. It represents an essential element to ensure and “establish a [...]

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The EU reached landmark agreement on failing banks

In December 2013, an agreement was reached between the European Council and Parliament on the Bank Recovery and Resolution Directive (BRRD). The long awaited directive now bridges the gap between the prudential and financial stability framework. The Directive establishes a clear mechanism and common toolkit for banks to plan and act in stress situations with [...]

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