EU regulatory developments.

The article offers updates on the financial institution regulations initiated by the European Union (EU). The European Commission (EC) has proposed to revise the Directive 94/19/EC on Deposit Guarantee Schemes (DGSs) to enhance protection for bank account holders as well as retail investors. The EU Parliament's Committee on Economic and Monetary Affairs (ECON) has published a draft on regulations of trading in financial instruments and dark pools. The EU Parliament has also adopted amendments to the proposed reforms of its supervisory architecture on financial institutions.