EU FINANCIAL STABILITY, FINANCIAL SERVICES, CAPITAL MARKETS UNION POLICY COMMITMENTS 2014-2019

EU Financial Stability, Financial Services, Capital Markets Union Policy Commitments 2014-2019

• Develop a Capital Markets Union including, in the short term, standards for high quality securisation, better cross-border credit information for small businesses, and a review of the Prospectus Directive
• Create an effective resolution regime for non-bank financial institutions
• Give priority to proposals that encourage European long-term investment funds
• Tackle remaining sources of risk to financial stability by seeking agreement on outstanding legislative proposals such as those on Money Market Funds and benchmarks
• Work for rapid adoption of the proposed banking structural reform to limit the systematic risk of the trading activities of ‘too-big-to-fail’ banks
• Monitor the impact of the Deposit Guarantee Scheme and consider alternatives before July 2019
• If necessary, propose a strengthening of the oversight and regulation of shadow banking