The IRSG and TheCityUK have welcomed the CMU initiative as a means of furthering the international competitiveness of financial services and in helping to create jobs and deliver economic growth. It follows the IRSG’s existing agreement that the CMU was established to benefit savers, entrepreneurs and business across Europe.
There are various points of analysis and many technical recommendations included in the report, but none are new recommendations, all build from previous positions. Key recommendations include:
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