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Graham Bishop is honoured to have been elected as Chairman of the National Council of the European Movement (UK)

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Home>Financial Services

The EU has been pushed into a journey towards a new world of financial regulation. A large part of the EU shares a single currency and this has forced its users into an ever-closer union - both political and now banking, with a capital market union developing in the next few years. But there is a second driving force towards regulatory change: the global financial crash and the corresponding global response (coordinated at G20 level) - driving higher capital and liquidity standards. Result: a massive review of almost every aspect of financial regulation has been undertaken and is still underway. These proposals often interact with - if not force - the political drive towards closer union: the Single Supervisory Mechanism,

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