Following the outbreak of the financial crisis in 2008, the stabilization of financial markets became a priority and financial sector reform a crucial instrument to achieve it.
Since then, the European Commission has proposed more than 40 legislative and non-legislative measures to build new rules for the global financial system; to establish a safe, responsible and growth enhancing financial sector in Europe; and to create a banking union to strengthen the euro.
You can find below a table listing the proposals already adopted by the European Union and those being discussed in the Parliament and the Council. For each measure, you will find links to legislative texts and other relevant information.
- Leaflet: “A new financial system for Europe – Financial reform at the service of growth” (last updated: 27.06.2014)
Financial reform: List of all actions
Building new rules for the global financial system
Single Rule Book of prudential requirements for banks capital, liquidity & leverage + stricter rules on remuneration and improved transparency (‘CRD IV / CRR’)
Establishing a safe, responsible & growth-enhancing financial sector in Europe
Long-term financing of the European economy / Revised rules for occupational pension funds (‘IORP’)
- Texts adopted by the Commission:
- Press release
- Frequently asked questions:
- Read more
Completing the banking union to strengthen the euro
* Under 'Read more' you can find the text of the original proposal from the Commission.