Legislative initiatives undertaken by the EU
The financial crisis gave rise to a major legislative programme within the EU. Below is a list of main proposed and planned directives and regulations:
Banking
- Single Supervisory Mechanism (SSM)
- Single Resolution Mechnanism (SRM)
- Bank Recovery and Resolution Directive (BRRD)
- Deposit Guarantee Schemes Directive (DGS)
- Capital Requirements Directive (CRD IV)
Insurance
- Solvency II and Omnibus II
- Insurance Mediation Directive (IMD)
Markets
- Market in Financial Instruments Directive and Regulation (MiFID II & MiFIR)
- Regulation on Market Abuse and Directive on Criminal Sanctions for Insider Dealing and Market Manipulation (MAD II & MAR)
- Undertakings for Collective Investment in Transferable Securities (UCITS V)
Consumers
- Packaged Retail Investment Products (PRIPs)
- Directive on Credit Agreements Relating to Residential Property –(Mortgage Credit Directive)
- Payment Services Directive (PSD II)