The Council is set to recommend formal adoption of the Regulation to amend the Regulation on Credit Rating Agencies. In the Economic and Financial Affairs (ECOFIN) meeting on 7 December, it also published its conclusions on crisis prevention, management and resolution. It stressed the need for co-ordination in bank levies and taxes to minimise the risks of double-charging and distortions within the single market. It also published a roadmap towards an EU-wide framework which involves legislative proposals from the Commission between spring and June 2011 on financial sector taxation, early intervention tools and triggers and resolution measures and triggers.