Legislation
EU to tighten rules on investment firms operating in bloc
Reforms seen as a dry run for relations with the UK's financial services industry after Brexit
EU member states on Monday paved the way for more oversight and tighter pay rules for investment firms wanting to operate in the bloc, in reforms seen as a dry run for relations with the UK's financial services industry after Brexit.
The common position adopted by ambassadors in Brussels takes the EU closer to a stricter regulatory framework for investment groups and lenders, with crucial provisions on market access terms for non-EU groups.
To keep reading
please sign up for free!
Already have an account? Sign in here.
Editor's Picks
Rental
—
22.01.2019
UK firms to take over entire blocks of flats in Luxembourg for Brexit staff
Mobility
—
21.01.2019
Luxembourg ticket inspectors' jobs safe despite free transport
Exclusive
—
18.01.2019
Luxembourg City needs a second free international school, says education minister
Contingency
—
17.01.2019
Luxembourg steps up no-deal Brexit planning
