First comprehensive review of the EU's financial regulation reform

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20 May, 2014

In response to the financial crisis, the European Commission committed itself to a fundamental overhaul of the regulatory and supervisory framework of the financial sector. With most financial reform measures now adopted, the European Commission has published a first comprehensive review of the financial regulation agenda as a whole. Part of the reform includes measures regarding accounting.

The Commission’s communication with the assessment of the reform and the accompanying staff working document present the individual and overall impact of these measures, including interactions between different reforms. Accounting is in particular dealt with in chapter 4.7.4 Enhancing accounting standards of the working document.

Both documents are available on the European Commission website:

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