European Commission Publishes a List of Planned Initiatives for 2016

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On March 7, the European Commission (EC) published a document containing a list of planned EC initiatives (List). The List sets out the scope, objectives and expected adoption dates of legislative and non-legislative initiatives, and forms part of the 2016 work program of the EC.

Agenda items noted on the List include:

  • a proposal for a regulation on the recovery and resolution of central counterparties;
  • a “possible” legislative proposal to amend the Capital Requirements Regulation (CRR) to incorporate changes to the Basel framework and findings from other reviews required under the CRR; and
  • various delegated and implementing acts in relation to the amended Markets in Financial Instruments Directive and Markets in Financial Instruments Regulation.

The work program can be found here.

A copy of the List can be found here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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