On Tuesday 18 February, the European Commissioner for Financial Services and the Savings and Investment Union, Maria Albuquerque, reaffirmed the need to simplify administrative procedures in the financial services sector within the European Union. “Ambitious” adjustments have been announced for Wednesday 26 February.
“Simplification is not an end in itself”, Ms Albuquerque told the European finance ministers meeting in Brussels. The aim, she reminded them, is above all to...