Financial Regulation: Weekly update. 10 May 2019

Summary

Highlights: BCBS issues Basel III implementation progress report. EU Commission publishes recommendations for the EU’s next strategic agenda of 2019-2024 and a list of priorities for the next BRRD review under the new EU Commission. EMMI applies for authorization from FSMA on hybrid euribor methodology.

Key points

• Key points:
• Global: FSB publishes peer review on resolution planning
• Europe: EC makes recommendations for the EU's next strategic agenda 2019-2024
• Spain: Ministerio de Economía has finalized the transposition of the EU Mortgage Credit Directive

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