European Commission 2019 Work Program: Financial Services Aspects

Orrick - Finance 20/20
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[author: Heidi Wardle]

On October 23, the European Commission published a communication outlining its work program for 2019. There are a number of priority-pending financial services legislative proposals which the Commission wants the European Parliament and the Council of the EU to take swift action on. The proposals include:

  • Sustainable finance
  • Cross-border investment funds
  • Crowdfunding services
  • The pan-European pension product (“PEPP“)
  • Banking
  • Recovery and resolution on central counterparties (“CPPs“)
  • The European deposit insurance schemes (“EDIS“)
  • Anti-money laundering

The full communication can be found here. The Annexes were published separately, alongside a Q&As document and a factsheet.

 

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