On the 15 May 2014, the European Commission presented a summary of the first comprehensive review of the EU's Financial Regulation Reform Agenda. This review sets out how the reforms will deliver a safer and more responsible financial system by enhancing financial stability, deepening the single market of financial services and improving its efficiency whilst improving market integrity and confidence. The evidence suggests that the total expected benefits of the Financial Regulation Agenda will outweigh the expected costs, both on a rule by rule basis and when considering the reforms as a whole. Many rules create considerable positive synergies e.g. between the capital requirements package and banking and the reform of derivatives markets. The Commission has also published a Frequently Asked Questions document on this as well as a Working Document outlining the reform agenda.