The UK’s veto on moves towards closer
European fiscal union has been labeled as a tactic that both
protects the country’s banking sector and placates
eurosceptic Conservative backbenchers.
While tory MPs are celebrating, does the move
really protect the banking sector? And will in-house lawyers be
any better off?
Probably not. "We had a call on Mifid II (Markets in
Financial Instruments Directive II) yesterday, and