European Commission 12 March 2018, Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the issue of covered bonds and covered bond public supervision and amending Directive 2009/65/EC and Directive 2014/59/EU

EUROPEAN COMMISSION Brussels, 12.3.2018 COM(2018) 94 final 2018/0043(COD) Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the issue of covered bonds and covered bond public supervision and amending Directive 2009/65/EC and Directive 2014/59/EU (Text with EEA relevance) {SWD(2018) 50} {SWD(2018) 51} EXPLANATORY MEMORANDUM 1.