Capital markets recovery package: MiFID and EU recovery prospectus

At a Glance 04-02-2021

In July 2020, the European Commission adopted a legislative package on capital markets recovery as part of its overall strategy to tackle the economic impacts of the coronavirus pandemic. The package includes targeted amendments to the Prospectus Regulation and the Markets in Financial Instruments Directive II (MiFID II), aimed at reducing the administrative burdens faced by experienced investors in their business-to-business relationships and at increasing the competitiveness of the EU’s commodity derivatives markets. The European Parliament is expected to vote during the February plenary session on the provisional agreements on the two proposals resulting from interinstitutional negotiations.