The paper, written by economist Des Supple of Event Horizon Research, concludes that Europe’s need to generate faster rates of economic growth and to ensure stable funding sources means that it is in the self-interest of the EU to ensure a mutually acceptable post-Brexit.
The FSNForum publishes its research paper on Market Liquidity, which analyses the interests behind the positions concerning financial services and concludes that:
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If the UK government rapidly and credibly commits to a pro-growth agenda for the financial services industry, then the EU’s best strategy will be to seek an accommodation.
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Such an agenda must focus on protecting and serving demand from the UK’s global customer base while developing a regulatory regime that promotes growth and innovation.
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A supra-political Capital Markets Union (CMU) could be in the best interests of both parties whereas New York would be the main beneficiary of a failure in the negotiations.
Full paper
© FSN Forum
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