The Luxembourg Presidency of the Council of the EU has published its work programme for the period from 1 July to 31 December 2015.

The priorities of the new Luxembourg Presidency include:

• a proposal to ensure transparent, simple and high-quality securitisation in order to revitalise a market that has not yet regained its pre-crisis levels and to address the risks associated with securitisation;
• a review of the Prospectus Directive requirements in order to facilitate access to capital markets for SMEs;
• advancing negotiations on a range of issues, in particular with regard to the banking structural reform; and
• seeking to launch negotiations on a new legislative proposal regarding the resolution of market infrastructures.

View A Union for the citizens: Priorities of the Luxembourg Presidency, 30 June 2015