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Greek Presidency to complete MiFID legislative changes

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.

External | what does this mean?

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

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