12.5 C
Bucharest
19 September 2019
Economic and financial affairs News

Investment firms: Presidency and Parliament agree on a new regulatory and supervision framework

The EU will soon have in place a dedicated regulatory framework for investment firms.

The Romanian presidency of the Council and the European Parliament reached today a provisional agreement on a package of measures, composed of a regulation and a directive, setting out new prudential requirements and supervisory arrangements for investment firms. The objective of the reform is to adapt the requirements to the firms’ risk profiles and business models while preserving financial stability. The deal will now be submitted for endorsement by EU ambassadors.

https://www.consilium.europa.eu/en/press/press-releases/2019/02/26/investment-firms-presidency-and-parliament-agree-on-a-new-regulatory-and-supervision-framework/

Related posts

Secretary of State Melania-Gabriela Ciot participates in the event on “Convergence Europe: Growth, Competitiveness, Connectivity” hosted by the European Institute of Romania

Iulian Anghel

Remarks by President of the Romanian Senate, Călin Popescu-Tăriceanu, at the opening ceremony of the Romanian Presidency

Iulian Anghel

The 36th Meeting of the Groundwater Working Group, jointly organised by the Ministry of Waters and Forests and the European Commission in Bucharest

Iulian Anghel