Split over market supervision threatens EU competitiveness plans

Split over market supervision threatens EU competitiveness plans

Despite intensifying debate in Brussels on reaching agreement over more harmonised rules for capital markets supervision, member states remain divided, risking delays to Europe’s competitiveness agenda.

EU Split on Market Supervision Risks Delaying Competitiveness Push

Divisions among EU member states over the supervision of capital markets are threatening to slow progress on the bloc’s wider competitiveness agenda. Despite pressure from Brussels to move towards a more integrated single market, countries remain reluctant to hand greater supervisory powers to EU-level authorities. At the heart of the disagreement is a familiar tension:…