European Commission and Directorate-General for Financial Stability, Financial Services and Capital Markets Union 24 July 2020, Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Directive 2014/65/EU as regards information requirements, product governance and position limits to help the recovery from the COVID-19 pandemic

EUROPEAN COMMISSION Brussels, 24.7.2020 COM(2020) 280 final 2020/0152(COD) Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Directive 2014/65/EU as regards information requirements, product governance and position limits to help the recovery from the COVID-19 pandemic (Text with EEA relevance) {SWD(2020) 120 final} EXPLANATORY MEMORANDUM 1.CONTEXT OF THE PROPOSAL 1.