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Most probably in response to the excessive nature of the European Union’s regulatory answer to the banking and tax crisis, the EU Commission launched a call for evidence on the EU regulatory framework for financial services in September 2015.
You will find below the preliminary and general observations which I found useful to submit to the EU Commission in addition to the answers to its (perhaps too detailed) questionnaire:
“At a time when nine out of ten of the largest banks in the World are American or Chinese and where the European Union is lagging behind as regards investment following the financial crisis, as a professor in EU banking and financial law and as a partner in a leading Luxembourg law firm, I commend the European Commission for...
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