Our new service "Brexit
and the City - the Impact" builds on the popularity of my series
of videos about the impact of Brexit on "the City" - shorthand for
the financial services industry throughout the UK.
Details are here
15 October: 176th Brussels 4 Breakfast
Brussels Review: A monthly look at what we ought to know about the
Brussels machine and UK financial services. With Graham Bishop
(grahambishop.com) and David Henig (ECIPE)
Why you should watch: Obviously, the current row over the NI Protocol
threatens to undermine fragile trust between London and Brussels - and
that could have ramifications for the EU's attitude to bank branches
from third country institutions and to CCPs (whose exemption from the EU
repatriation push expires next June). It certainly seems that Brussels
is keen to turn the screw. Other than that, the OECD tax agreement,
NPLs, the Solvency2 review and Green Bond standards are all making
progress. There is also a push in the EU to boost securitisation - a
rare case of Brussels and London working towards the same goal.
Moderator: Andrew Hilton (Director, CSFI)
Graham Bishop is an independent consultant with more than four decades'
experience of both the City of London (which he joined in 1972) and the
UK's relationship with the EU, going back to the Giovanini Committee and
the Cockfield Report.
David Henig is Director of the UK Trade Policy Project at the European
Centre for International Political Economy in Brussels. A former
Assistant Director at the UK's Department for International Trade, he
was also co-founder of the UK Trade Forum.
Key topics selected from our website included:
Brexit: Frost speech today ref role of ECJ --- will
it trigger a rupture of relations? ECB’s Fernandez-Bollo speech - EU needs a comprehensive
view of risks; FT article on banks in EU: branches or fully capitalised
General: German election result: too soon to foresee
any consequences? TAX: Pandoras papers/ AML; TAX: OECD min corporate tax
agreement – role of Ireland; TAX: country-by country reporting Council
agreement, Giegold comments
Banking: Basel Committee and Basel III reporting - SSM’s
McCaul; NPL Data Hub: EBF and German banks oppose a mandatory data hub
Insurance: Solvency II review
Capital Markets Union: Securitisation – EBF, ICMA, Insurance
ESG: COP26 is at hand!! Green bond standard:
Insurance Europe, German Banks; ESG standards adopted by 50% of big global
firms, 40% of bank assets; UN EFPI - $46 trillion of investors urge government
Digital: Crypto assets: IMF, FSB, CPMI
11 September : 175th Brussels4Breakfast
Moderator: Andrew Hilton (CSFI) Pannellists: Graham Bishop, Doug McWilliams and John Rega
I have published - with the Federal Trust -
another of my videos on "Brexit: the Impact on the City". This one is
entitled “Brexit has ended the Golden Age of the City of London.
June 23rd: 174th Brussels 4 Breakfast
Moderator: Andrew Hilton (Director, CSFI); Panellists: Graham Bishop; Andreas Dombret and Pablo Portugal. For members: link to summary and topics
June 4th: Financial Services Club/ZYen video with Alderman Mainelli and
Graham Bishop: Brexit: Ending the City's Dominance of European Finance?