Non-equity financial markets used to be ‘hidden’ in Europe, in the sense that relative to their size, they traditionally received less attention from ordinary investors and the media than equity markets. This phenomenon was accentuated by the fact that the Financial Services Action Plan was...

After the adoption of the EU pension funds directive, the regulatory framework for asset management in the EU is complete. The single licence and home country control will now be applicable across the board for the different lines of asset management business. However, considering that asset...

The 10th anniversary of the Partnership and Cooperation Agreement (PCA) between the EU and Russia, which falls on 1 December 2007, is already prompting thoughts on whether and how to replace it. This raises basic issues about the form, purpose and content of bilateral treaties in the context of...

The 10th anniversary of the Partnership and Cooperation Agreement (PCA) between the EU and Russia, which falls on 1 December 2007, is already prompting thoughts on whether and how to replace it. This raises basic issues about the form, purpose and content of bilateral treaties in the context of...

This study examines the feasibility, content and likely economic impact of a free trade agreement between the EU and Ukraine. A simple and shallow free trade agreement, adding only the elimination of tariffs on trade in goods to the conditions for WTO accession, is the most easily feasible...

This article presents a roundtable discussion on the appropriate level of regulation in Europe. Manfred Neumann presented a theoretical rationale that leans towards the individualistic approach of government competition. Michael Emerson discussed the flexibility offered by the Treaties. Colin...