26 June 2017
visit www.finastra.com

Investment banking trade associations join forces in Europe

29 January 2007  |  8804 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)

Finextra news in your inbox

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

Related stories

MiFID to cost UK firms £1bn, says FSA

MiFID to cost UK firms £1bn, says FSA

24 November 2006  |  10581 views  |  0 comments
Majority of firms yet to budget for MiFID

Majority of firms yet to budget for MiFID

23 November 2006  |  7979 views  |  0 comments
Fuller to head new MiFID-ready exchange system Equiduct

Fuller to head new MiFID-ready exchange system Equiduct

01 November 2006  |  11173 views  |  0 comments
Euronext to develop system for banks to trade in-house - report

Euronext to develop system for banks to trade in-house - report

24 October 2006  |  8357 views  |  0 comments
Euro banks hit by MiFID concerns

Euro banks hit by MiFID concerns

12 September 2006  |  9040 views  |  0 comments
Industry lobby urges FSA to drop MiFID best execution proposals

Industry lobby urges FSA to drop MiFID best execution proposals

05 September 2006  |  10114 views  |  0 comments
UK trade bodies band together to influence MiFID - FT

UK trade bodies band together to influence MiFID - FT

16 August 2006  |  7365 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit vasco.com/news/PSD2-compliant-solutionsvisit www.response.ncr.comvisit www.www.fisglobal.com

Top topics

Most viewed Most shared
Live: EBAday 2017, day twoLive: EBAday 2017, day two
10439 views comments | 4 tweets | 5 linkedin
Live: EBAday 2017, day oneLive: EBAday 2017, day one
9531 views comments | 3 tweets | 4 linkedin
ECB preps eurozone-wide instant payments serviceECB preps eurozone-wide instant payments s...
8301 views comments | 19 tweets | 33 linkedin
What Banks and their customers can expect for the futureWhat Banks and their customers can expect...
8211 views comments | 7 tweets | 10 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job