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:


  • Single Supervisory Mechanism (SSM)
  • Single Resolution Mechnanism (SRM)
  • Bank Recovery and Resolution Directive (BRRD)
  • Deposit Guarantee Schemes Directive (DGS)
  • Capital Requirements Directive (CRD IV)   


  • Solvency II and Omnibus II 
  • Insurance Mediation Directive (IMD)


  • 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)


  • Packaged Retail Investment Products (PRIPs)
  • Directive on Credit Agreements Relating to Residential Property –(Mortgage Credit Directive)
  • Payment Services Directive (PSD II)