As the EU enters a new legislative cycle after the European Parliament elections, Clifford Chance has produced an updated version of its guide to the EU legislative process.
The guide gives an overview of the key institutions of the EU, the legislative process for both 'Level 1' regulations and directives and delegated and implementing acts and technical standards and the roles of the European Commission and the European Supervisory Authorities in the creation of the rules that are central to the implementation of the single rulebook in financial services.