Brussels for Breakfast
Held on Tuesday, October 20
With support from the British Bankers’ Association
Graham Bishop (grahambishop.com)
So, finally, Lord Hill has unveiled his strategy to strengthen capital markets and to reduce Europe’s dependence on bank funding. I guess that will probably take pride of place for this month’s tour d’horizon of what is going on in Brussels.
But there is more (there always is)…There is, for instance:
- ESMA’s list of 28 final rules to flesh out MiFID II – which include curbs on commodity speculation and on ultra-fast trading;
- Martin Schulz’s demand for the Parliament to have a role in asserting implementation of the third Greek bailout package;
- Parliamentary pressure to adopt the Tax Rulings Directive, as part of the campaign against wicked multinationals;
- Commissioner Dombrovskis’s initiative to set up an expert group on the second stage of eurozone reform (including a new stabilization mechanism);
- and so on…
As always, our assiduous guide dog is the indefatigable Graham Bishop, purveyor of euro-nuggets to the gentry.