The Single Rulebook and why it matters for financial services in the UK

  • Posted on 27th April 2016
The Single Rulebook and why it matters for financial services in the UK

One of the key policy responses to the financial crisis which led to the Great Recession was the subsequent action taken by EU Heads of Government through the European Council in June 2009 to strengthen the regulatory system governing all financial services providers within the Single Market area. In establishing a new European Banking Authority (EBA), within a European System…

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Short-term tourist accommodation – 10 points for inclusion in the European Commission’s sharing economy guidelines

  • Posted on 21st April 2016
Short-term tourist accommodation – 10 points for inclusion in the European Commission’s sharing economy guidelines

The European Commission will soon publish a set of best practice guidelines for the regulation of the sharing economy. The purpose is to support the growth of this emerging sector and also to address any regulatory imbalances that have emerged across Europe in the context of the single market. The guidance will also outline how existing EU regulations should be…

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Major banks on the move with Blockchain – huge development amid renewed economic flux

  • Posted on 13th April 2016
Major banks on the move with Blockchain – huge development amid renewed economic flux

These are key months in the future of financial services, and for the power of traditional banks in the global economy. The recent Citigroup report spelled out in clear terms the potential of Blockchain technology, which underpins the digital currency Bitcoin, to revolutionise financial services way beyond payment and remittance services, into asset management and insurance. The report modelled projected…

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Does the EU ETS need reviving, again?

  • Posted on 12th April 2016
Does the EU ETS need reviving, again?

Boom and Bust   The EU Emissions Trading System (EU ETS) has been up and down a rollercoaster over the last decade. Launched with considerable optimism in 2005 as one of the European Union’s prime policy instruments for tackling climate change by placing a price on greenhouse gas emissions, it has since gone through what can be most appropriately termed…

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