30 June 2015

Investment banking trade associations join forces in Europe

29 January 2007  |  5144 views  |  0 EU flag

National investment banking lobby groups in the UK, France, Italy and Sweden are setting up a joint association in a bid to better argue their case and increase influence with European law-makers and regulators.

The European Forum of Securities Associations is being set up by the London Investment Banking Association (liba), the French Association of Investment Firms, the Italian Association of Financial Intermediaries and the Swedish Securities Dealers Association.

The establishment of the forum comes ahead of the implementation of the EU's Markets in Financial Instruments Directive (MIFID), which aims to create a single financial services market across Europe.

According to a Financial Times report the association will communicate with European policy-makers on issues surrrounding regulation and market infrastructure in the region's rapidly consolidating financial sector.

Jonathan Taylor, director general of Liba told FT reporters the idea to create a forum had come out of co-operation between different associations on issues such as Mifid and efforts to open up the European market for clearing and settling securities trades.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

24 November, 2006
23 November, 2006
15 November, 2006
01 November, 2006
24 October, 2006
12 September, 2006
05 September, 2006
16 August, 2006

Related company news

 

Top topics

Most viewed Most shared
Global fintech investment triples - Accent...
8630 views comments | 46 tweets | 25 linkedin
Barclays takes on Apple with wearable paym...
6359 views comments | 36 tweets | 24 linkedin
Wells Fargo to usher in voice and facial b...
5680 views comments | 20 tweets | 24 linkedin
E-commerce goes mobile
4985 views comments | 23 tweets | 20 linkedin
European ACHs form Sepa joint venture
4895 views comments | 22 tweets | 13 linkedin

Featured job

Find your next job