EU institutions are continuing to negotiate numerous ongoing policy initiatives that directly or indirectly impact fund managers in the new environment of MiFID II which has not resulted in interruptions to ongoing regulatory activity.
When Bertie Ahern, the former prime minister of Ireland, was asked what the consequences of a hard border on the island of Ireland would be, he didn’t hesitate.
Breakfast briefing with Robert Missen, Head of Unit for Innovation and Research, DG MOVE
On March 12 2018, the European Commission published its proposal for the cross-distribution of funds, which in the context of the Capital Markets Union (CMU) aims at reducing regulatory barriers for fund managers seeking to market and offer their funds in several EU Member States.
On March 8 2018, the European Commission published a FinTech Action Plan (read here), which has been the subject of meticulous preparation for more than a year.
With the traditional ‘mini-budget’ being replaced by a shorter and less significant Spring Statement, the Chancellor of the Exchequer, Philip Hammond MP, today sought to appease those from all sides calling for greater expenditure on public services.
There is a paradox at the heart of the whole question of how Britain’s decision to leave the European Union will affect its financial services industry.
As we approach the two-year anniversary of Ireland’s Fine Gael-Independent Minority Government in May 2018, it’s easy to forget the expectations of many were that this agreement wouldn’t see out the end of 2016, let alone last the full term to 2018.
Phase Two negotiations on a Transition Deal officially kicked off, with the UK’s position remaining as elusive as ever.