Clifford Chance
European Regulatory Reform Progress Report
18 July 2012
The European Union (EU) agenda for regulatory reform in the financial sector continues to take shape. The EU has played a leading role in the development of the G20's action plan to respond to the financial crisis and many of the actions being taken aim to implement the G20 plan. However, not all initiatives are crisis driven. A number of reviews of existing EU legislation were already scheduled to take place and the European Commission continues to develop proposals to further integrate the Single Market. Since we published the November 2011 edition of this Progress Report, a number of significant initiatives have evolved.
Clifford Chance has prepared an updated version of its Report outlining the progress on this regulatory reform agenda, indicating the current status, next main steps and estimated implementation date for each measure and highlighting significant new developments.
