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That European banks’ legislative and regulatory environment is vastly determined in Brussels is no news. Every banker who comes in touch with it, knows that perfectly well. It doesn’t come as a surprise neither that as a consequence all big players have been present in the EU’s power center for a number of years via their own in house interest representatives based locally. In the wake of the financial crisis and the resulting EU legislation, a number of medium sized players are now setting up shop as well. The European Transparency (Lobbyists) Register is booming like never before.
On the side of the national banking associations, the evolution has been very similar. Indeed the ABBL opened its EU representative office in 2006, right after the 1999-2005 financial...
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