Regulatory monitoring: EU version Newsletter - September 2024

1. Bank regulation -

1.1 PRUDENTIAL REGULATION -

a) General -

(i) EU -

EC: Report on the future of European competitiveness Status: Final -

The EC has published a report on the future of European competitiveness, prepared by Mario Draghi, former President of the ECB. The report aims to set out a new industrial strategy for Europe to overcome barriers to the EU’s competitive strength. It sets out priority proposals in the short and medium term in key strategic sectors. For financial regulation, the report focuses on the completion of the Capital Markets Union and the Banking Union.

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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. Attorney Advertising.

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