New Financial Architecture for the Eurozone: what might it mean for the UK?
Now that the dust is settling on the UK election result, an “In” or “Out” EU membership referendum looks inevitable. There has been more heat than light on this choice so far but actually there are really important technical and policy questions that span a vast range of areas of our economic, social and personal lives.
Financial regulation and Monetary stability are just two such (intertwined) areas out of many others of more immediate interest to voters. However, they are extremely important areas, especially so in the UK, and the pace of policy development and legal changes since 2008 have been breathtaking.
At a recent conference on The new financial architecture in the Eurozone held at the European University Institute in Florence, Professor Joanna Gray, Professor of Financial Law and Regulation at the University of Birmingham, addressed both the technical aspects of banking supervision and assessed the current stability and degree of integration of Europe’s financial sector as well as asking what the shifting tectonic plates between the institutions and politics within the Eurozone and within ountries such the UK might mean? The prospect of a "BREXIT" means the dynamics and trade-offs within this relationship need to be far better and more widely understood.
Further summaries of the conference’s presentations are available here.