Financial services: banking

Table of Contents:

Financial services: banking

Outline of the Community (European Union) legislation about Financial services: banking

Topics

These categories group together and put in context the legislative and non-legislative initiatives which deal with the same topic.

Internal market > Single market for services > Financial services: banking

Financial services: banking

Banking services are essential to the smooth functioning of economic activity – be it to do with payments, loans or investments.
European policy objectives in this area are twofold. The first is to complete the creation of an integrated market for banks and financial conglomerates, on the basis in particular of mutual recognition and the “European passport”. The second is to ensure that the market operates properly so that European citizens have all the security guarantees they need when using banking services.
These issues are especially important in view both of increasing cross border activity and the massive growth in services based on new technologies.

CREDIT INSTITUTIONS

  • Framework for crisis management in the financial sector
  • Bank Resolution Funds
  • Reorganisation and winding-up of credit institutions
  • Capital adequacy of investment firms and credit institutions
  • The taking-up and pursuit of the business of credit institutions
  • Deposit-guarantee schemes
  • Financial conglomerates
  • Annual accounts of banks and other financial institutions
  • Accounting documents of branches of foreign credit and financial institutions

ELECTRONIC MONEY INSTITUTIONS

  • The business and prudential supervision of electronic money institutions

PAYMENT AND TRANSACTION

Payment systems

  • Electronic payment: code of conduct
  • Relationship between card-holders and card-issuers (II)
  • Settlement finality in payment and securities settlement systems
  • Combating fraud and counterfeiting of means of payment
  • Electronic commerce

Cross-border transaction

  • Information on the payer accompanying transfers of funds
  • New legal framework (NLF) for payments

CREDIT INVESTMENTS

Investments

  • Undertakings for collective investment in transferable securities (UCITS): applicable rules
  • Risk Capital Action Plan (RCAP)
  • White Paper on the single market for investment funds
  • Investment services
  • Enhancing the framework for investment funds

Credit

  • Integration of European Mortgage Credit Markets (White Paper)
  • Financial collateral arrangements
  • Consumer credit agreements
  • Mortgage Credit in the EU (Green Paper)

SUPERVISORY BODIES

  • European Banking Authority (EBA)
  • European Banking Committee

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