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Greek Presidency to complete MiFID legislative changes

27 January 2014 Be the first to comment

Retired member

The Greek finance minister, has set out the priorities for Greece’s Presidency of the Council of Economic and Financial Affairs (ECOFIN) including:

Banking union - to finalise the framework for the Single Resolution Mechanism;
Reform of the financial sector supervisory framework – to:
- complete work on legislative proposals to reform capital markets supervision (Markets in Financial Instruments Directive (MiFID) and Regulation);
- promote discussions on the legislative proposal on benchmarking;
- promote coordination, transparency and supervision of the private and occupational insurance sector;
- work towards the adoption of a Payment Accounts Directive; and
Taxation - to continue to tackle tax fraud and tax evasion.

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