Open Europe Blog

Archives for financial regulation

There has been an important development brewing in the UK’s flagship case against the EU’s proposed Financial Transaction Tax (FTT). We’ve known for some time that the European Court of Justice (ECJ) will take a shortened proceeding and rule on …

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The European Commission this morning unveiled its initial proposals to regulate ‘shadow banking’ and money market funds (MMFs) – the press release is here and the FAQs are here and here.We covered this issue back in May when we exclusively releas…

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The Bundesbank, The Deutscher Aktieninstitute (DAI), and even EU civil servants from the 11 participating countries have all warned against the FTT in its current form. Today saw yet another German voice raised again the tax – this time from the very…

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There’s an old Latin saying, “If you had kept quiet, you would have remained a philosopher.” Reading the Commission’s defence of its proposed EU financial transaction tax (FTT), that phrase immediately sprung to mind. It’s not the strongest piece, to s…

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Yesterday saw the opening salvo of what is sure to become a heated debate over the new ‘technical standards’ for the EU’s banker bonus rules. Why is this so important? Well, these rules will essentially determine how far reaching the EU’s already…

Posted by Open Europe blog team