Europe’s regulation strangulation
There’s a lot of debate about the big axis of power today: America and China (ed: what about India?). Both have massive tech giants and both have super economies. Where does this leave Europe? It’s interesting for me in that most of the discussion is that Europe and Eurocrats strangle all innovation with regulation or,…
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Europe – over-regulated and under-invested
For over half a century, post the second World War, Europe has been integrating. From a few nations in the 1950s, led by France and Germany, the Eurozone grew to 28 countries. Then, with Brexit, 27. Now, after Brexit, there are rumours the alliance could shrink further as many countries have issues with the ECB’s…
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A new Payment Services Directive, PSD3: what’s in it?
In June, the EU put forward proposals for a new Payment Services Directive, PSD3. Having been involved in these developments since their inception in the 2000s, I was intrigued to read the text of PSD3, particularly as the main point bankers made about PSD2 is that they were forced to open up to Third Party…
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Life is good and life is bad … that’s life
I’ve felt European for most of my life, as the UK joined the EU back in 1973. Free travel and movement across borders, that grew from nine states to twenty eight, introduced a glorious period of open integration. Integration of trade and commerce and then, latterly, money and finance. The grand plan of the euro…
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The UK makes its stake to create a better world outside the EU
The confusion of Brexit I often see headlines saying “Britain is leading Europe”. Britain is leading Europe in what? Fraud, tax avoidance, political shenanigans and more. Such headlines always make me laugh, as the media is writing as though Britain is still part of Europe. Did anyone forget about #Brexit? Britain has nothing to do…
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What was that Brexit deal, again?
Britain has left the EU, but now I read headlines everywhere saying cross-border movements are impossible, Ireland is broken, the City was ignored, our fisherman cannot sell shellfish and so on and so forth. A disaster? Possibly but, on the other hand, everything that is wrong with the EU was illustrated by the Covid vaccine….
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And even if finance gets a #Brexit deal, equivalence is not the answer
Following yesterday’s discussion of Brexit and it’s implications on financial services, there’s a little more to be said on this. For example, every year at The Financial Services Club, we are delighted to host our friend David Doyle who, with precision-based analysis, talks us through the implications of EU Regulations on the Financial Markets of Europe….
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