Brussels for Breakfast

Held on Tuesday, May 24, 2016


  • Graham Bishops (independent consultant,

  • Wes Himes (managing director, Instinctif Partners)

  • Peter Snowdon (partner, Norton Rose Fulbright)



There is a world beyond ‘Brexit’. Whatever one feels about the referendum, and whatever the outcome, the UK will remain a member of the EU for at least the next two years – and probably a lot longer. Which means that what our lords and masters in Brussels dream up for us will continue to matter.

Hence, there is no let-up in our B4B series – now well into its second century.

We still haven’t got a permanent location firmed up, but this is a sufficiently important series that we are happy to use the Capital Club – and to host our breakfasts there.

Issues on the table for this month (aside from ‘Brexit’ of course) include:

  •  the ECB’s targeted LTROs;
  • the use of consumer data by financial institutions;
  • a new report on deposit insurance;
  • CMU and crowdfunding;
  • EMSA’s CCP stress tests…

… and so on. I am drawing all these topics from Graham Bishop’s excellent weekly update of EU regulation. As usual/always, I am delighted that Graham has agreed to walk us through the euro-maze. I am also delighted to welcome back Wes Himes – and to welcome for the first time Peter Snowdon – as back-up and the voices of sanity.

Wes is managing director of Instinctif’s public policy practice in Brussels. Prior to founding Policy Action (which he sold to Instinctif in 2011), he worked as the Brussels rep for the European Policy Forum and as an aide to a leading MEP. As an American, he offers a slightly more detached take on what is going on Over Here.

Peter is a partner in the financial services group at Norton Rose Fulbright. He previously worked in the General Counsel’s Division of the Financial Services Authority advising on EU regulatory law, cross border issues and money laundering. Peter sits on the Futures and Options Association Anti-Money Laundering Committee, and has written chapters on e-commerce and money laundering for Butterworths Regulation Law Service and Financial Services Law.