How Christine Lagarde planned to use EU rules to force business from London to Paris — 7 years before Brexit
|02/14/2018||Posted by BusinessMediaguide.Com under General World News||
- Kay Swinburne MEP: “My French colleagues were obviously on a mission from 2009 to try and actually get, before Brexit, as much back to Paris as they could.”
- Swinburne helped counter Lagarde’s efforts to force business out of the City by drafting reports that supported the business being done in London.
- Swinburne helped “set the scene” for Mifid II, EU financial legislation that has just come in and “could have been a lot worse.”
- Current efforts to force euro-denominated clearing out of London and into the eurozone post-Brexit “run counter to the global thinking,” Swinburne said.
LONDON — International Monetary Fund chief Christine Lagarde read more >>>