Response to Commission call for evidence on the regulatory framework for financial services

Date published: 1 February 2016

Finance Watch has published its response to the European Commission’s call for evidence on the regulatory framework for financial services.

In the consultation, the Commission asked for empirical evidence and concrete feedback on rules affecting the ability of the economy to finance itself and growth; unnecessary regulatory burdens; interactions, inconsistencies and gaps; and rules giving rise to unintended consequences, with the aim of gaining a clearer understanding of the interaction of the individual rules and the cumulative impact of the legislation as a whole including potential overlaps, inconsistencies and gaps.