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Call for Evidence on EU Regulatory Framework for Financial Services (IIAC Blog)

Call for Evidence on EU Regulatory Framework for Financial Services (IIAC Blog)

Since the Global Financial Crisis there have been 48 pieces of European Union legislation in financial services and many more delegated and implementing acts. Some rules have yet to be fully implemented and much detail still to be finalised.

The European Commission launched consultations and requested stakeholders submit evidence on how rules: 1) affect the ability of the economy to finance itself and grow; 2) result in unnecessary regulatory burdens; 3) interact and create inconsistencies in the rules framework; and 4) give rise to unintended consequences.

In launching the Call for Evidence, the Commission has not … Continue reading

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