Editorial: A harmonisation too far?

Author: | Published: 25 Jan 2016

The European Commission (EC), by its very nature, loves to harmonise. From integrated capital markets and bank capital requirements, to its restrictive shipping law; harmonisation is a validatory process for those sat in Brussels. It's not always the right process though. As this month's cover story (p26) by staff writer Lizzie Meager discovers, an EU insolvency regime is not the way to solve the headaches caused by disjointed jurisdictional systems.

While there are no concrete plans for a Europe-wide regime on the table,...