Background

The Risk and Regulation Monthly provides a summary of the key International, European and UK regulatory developments and pertinent regulatory activity affecting the Financial Services industry.

Ahead of the elections, April saw the approval of a major package of legislation in the European Parliament, including the bank recovery and resolution Directive (RRD) and the Markets in Financial Instruments Directive II and accompanying Regulation (MiFID II/MiFIR). EU and UK authorities also released details of the forthcoming bank stress tests, while the Single Supervisory Mechanism continued to develop, with the European Central Bank (ECB) finalising its Framework Regulation and providing further details of its Comprehensive Assessment.

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Risk and Regulation Monthly - April 2014 (PDF)

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