Commission updates on actions: The latest version of the Commission's working document setting out expected legislative initiatives highlights:

  • a recovery and resolution framework for non-bank financial institutions in the fourth quarter of 2014;
  • publication of delegated legislation under the capital requirements regime, mainly in June; and
  • key reports and papers relating to the European Market Infrastructure Regulation (EMIR) throughout the remainder of the year.

(Source: Commission Updates on Actions)