As the press release issued by the Commission explains: “ …In particular, today’s Communication is suggesting for discussion the introduction of EDIS more gradually compared with the original proposal of November 2015. There would be only two phases: a more limited reinsurance phase and then coinsurance.
When considering the creation of IMF surveillance products, sufficient attention should be devoted to the integration of these products in the overall IMF surveillance framework in order to maximise the effectiveness of and the synergy among all these products.