UNICE Reaction to Commissions FSAP

20 January 2000

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This paper sets out UNICE’s priorities , focused on the needs of business, for successful integration of financial markets. The financial regulatory framework should be addressed on a dynamic rather than a static basis. Lastly, as the financial services industry operates in a global and competitively driven environment, initiatives which add burdensome regulatory or fiscal measures should be avoided as these could drive business out of Europe.

© UNICE