L’UE si muoverà per affrontare Wall Street con importanti proposte di riforma finanziaria
https://www.politico.eu/article/eu-commission-plans-major-financial-markets-shakeup-in-bid-to-boost-investment
di HironTheDisscusser
L’UE si muoverà per affrontare Wall Street con importanti proposte di riforma finanziaria
https://www.politico.eu/article/eu-commission-plans-major-financial-markets-shakeup-in-bid-to-boost-investment
di HironTheDisscusser
8 commenti
>The European Union’s executive arm will propose a sweeping package of reforms in a bid to break down national boundaries and create a deeper EU financial market to rival that of the United States.
>Three people briefed on the plan told POLITICO the European Commission will in December propose amending at least 10 financial laws spanning everything from the regulation of investment products and cryptocurrency to the design of the EU’s financial plumbing.
>The overarching aim is to make more investment available to Europe’s struggling industry in an effort to keep pace with faster-growing competitors in the U.S. and China.
>The U.S. in particular dwarfs the EU in the amount of capital available to smaller companies looking to grow. As a result, successful European startups routinely relocate to the U.S. to access the investment they need.
Any idea about what they are aiming to improve?
Looking forward to it.
Europe needs free investment
Until we listen to Draghi, Letta and all the other voices calling to enact a true EU-wide Single Market (including financial reforms) – including Lagarde, the sitting ECB president, in some issues, we will be doing half-measures.
If the EU succeeded in creating a unified financial market, it would be really interesting to see how the UK would respond. They used to be the EU’s financial capital before Brexit and they still have a substantial presence in world finance, so presumably they’d have to make some decisions as to how to relate to this new playing field on their doorstep.
> will move
Wow, they’ve done it. Changes are finally happening
>But its proposed changes will set the stage for a bitter political fight with the bloc’s governments, with countries particularly divided over the idea of giving the EU central supervisory power of financial markets.
Oh, nothing is going to happen.
Sounds good. Let’s hope this brings real benefits and not just even more jobs for regulators and compliance people.
O wow another awesome idea that will be completely destroyed by overregulation and other dogshit