European Commission Publishes Financial Services Priorities for 2019

The European Commission (“EC”) has published its work programme for 2019 which covers a variety of areas including financial services. No new measures have been introduced in the work programme and instead the EC is focusing on existing financial services priorities.  These include proposals to deepen the Capital Markets Union (“CMU”) covering areas such as the pan-European personal pension product, cross-border distribution of investment funds, proportionate and more effective rules for investment firms, amendments to the European Market Infrastructure Regulation (“EMIR”) as well as various anti-money laundering measures.

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