Europe RegulationsWelcome to the third monthly newsletter designed to keep BIIA members informed of the significant developments on the policy dossiers being worked on in Europe.

The main political development at the EU level in June 2016 was the referendum held in the UK on the UK’s membership in the European Union, which resulted in the UK citizen’s decision to leave the EU. Apart from the fact that the UK’s expected departure will bring major changes to the EU’s institutional framework and political balance and has brought significant uncertainties regarding the future of the whole EU project, the referendum had an immediate effect on some of the key policy dossiers relevant for our industry, such as Capital Markets Union and Retail Financial Services, as EU Commissioner Jonathan Hill, in charge of financial services, resigned as a members of the Commission after the referendum.

To download the document click on this link: BIIA Monthly EU Regulatory Newletter 03 07092016