On Monday 29 January, the MEPs on the European Parliament’s Committee on Economic and Monetary Affairs (ECON) voted with 33 votes in favour, one against and no abstentions in favour of the report by Othmar Karas (EPP, Austrian) on amendments to several European regulations on financial services.
In total, five regulations are covered by this text, which proposes to lighten the reporting requirements for companies and financial sector players in the European Union, notably by reducing...