IFSL main comments on European Financial Supervision
31 July 2009
IFSL remarks that the UK market is and should remain one of the EU’s strategic assets.
IFSL’s key priorities for reform of financial regulation at EU level reflect its wider priorities at national, EU and global levels. They are:
• EU developments that contribute to regulatory convergence at the global level and the integrity of the European Single Market do not retreat from them;
• EU market structures that promote competition and openness to international participants;
• EU regulation that blends necessary controls with scope for innovation;
• EU dialogue and transparency between regulatory authorities and market practitioners;
• EU promotion of easier access to emerging markets and growth in international trade;
• EU recognition that the international financial market in the UK is and should remain one of the EU’s strategic assets.
© IFSL - International Financial Services London
