The European Commission is to launch a fresh, all-encompassing review of regulatory changes made in response to the financial crisis, as part of its push towards a Capital Markets Union – a move that could ultimately see changes made to huge pieces of legislation, including Mifid II.
The EC has revealed its intentions in its action plan for the CMU - which is being led by the European commissioner for financial services Lord Jonathan Hill - a draft copy of which has been seen by Financial News.
