The European Commission has issued a call for evidence which will help it assess the efficiency, consistency and coherence of the overall EU regulatory framework for financial services. The call for evidence is an essential part of the Commission’s Better Regulation Agenda and compliments the work the European Parliament started in 2013 to look at the coherence of EU financial services legislation, such as the Parliament’s draft report on stocktaking and challenges of EU financial services legislation.
The Commission is looking for evidence and feedback on:
- rules affecting the ability of the economy to finance itself and to grow;
- unnecessary regulatory burdens;
- interactions, inconsistencies and gaps; and
- rules giving rise to possible other unintended consequences.
The deadline for parties to submit their contributions is 6 January 2016.
View Call for evidence: EU regulatory framework for financial services, 30 September 2015