Global banks urge EU to 'improve' market access as Brexit looms

LONDON - International banks have called on the European Union to make its system for financial market access more transparent and predictable to avoid hurting markets and consumers.

The EU grants market access to foreign financial firms like asset managers and clearing houses if it deems their home market rules are similar enough to regulation in the bloc. Equivalence has been criticized for lacking a transparent, predictable timetable, for patchiness in activities covered, and for how it can be scrapped at short notice.

“This will support continued connectivity with international financial markets, minimize unnecessary fragmentation and maximize benefits for consumers of financial services across Europe,” said AFME managing director Oliver Moullin.

Nope!!

No. Let the racist country face the consequences of their actions and let the empire finally crumble.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How the US became a tear gas production powerhouse amid rising global unrestThe use of tear gas has become prolific. With unrest around the globe intensifying, in places like Hong Kong and Iraq, the nonlethal weapons industry is expected to surge. By 2023, this industry could make nearly $12 billion dollars in revenue. So, where does all this tear gas come from? It turns out a lot of that manufacturing is happening on U.S. soil. The U.S. is the largest developer, operator and exporter of nonlethal weapons, according to market research from Stratistics MRC. Makes me want to 😢 back in the 60's mace was the weapon of choice, then the shit hit the fan when national guard opened fire in ohio Live ammo is Iran’s forte.
Source: CNBC - 🏆 12. / 72 Read more »