15.5 C
Bucharest
23 March 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

Prime Minister Viorica Dăncilă and Minister of Labour and Social Justice, Marius Budăi, participated in the Tripartite Social Summit in Brussels

Alexandru Stefan

LIVE Automotive Industry Forum 2019 on Craiova, opening and welcome speeches

Alexandru Stefan

European Labour Authority: Romanian Presidency reaches provisional agreement with the European Parliament

Alexandru Stefan