Press Release: Internal Market: Commission takes action against United Kingdom (Market Abuse Directive in Gibraltar), Hungary (private security services) and Slovenia (Deposit Guarantee Schemes)

Author (Corporate)
Series Title
Series Details IP/10/81 (28.1.10)
Publication Date 28/01/2010
Content Type

The European Commission has decided to send formal requests to the United Kingdom regarding its implementation of the Market Abuse Directive in Gibraltar; to Hungary regarding its rules on private security services; and to Slovenia regarding its implementation of the 2009 Directive on Deposit Guarantee Schemes. These formal requests take the form of "reasoned opinions", the second stage of the infringement procedure laid down in Article 258 TFEU. If there is no satisfactory reply within two months, the Commission may refer the matter to the European Court of Justice.

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