Josina Kamerling, head of regulatory outreach at CFA Institute for the Europe, Middle East, and Africa region, reports on EU policy issues, including a recap of legislative developments over the past five years. The podcast also provides an overview of financial services regulation in the EU.
Sixteen states have filed a lawsuit alleging President Donald Trump's emergency declaration aimed at providing money to build a wall along the US-Mexican border is unconstitutional. The states said diverting money from other programs will harm their economies, prevent upgrades of military bases and damage drug-fighting efforts. The Associated Press (19 Feb.)
Postponement of Brexit to after the European Parliament election in May is an option that can't be ruled out, European Commission President Jean-Claude Juncker says. "If such a request were to be made [by the UK], no one in Europe would oppose it," he says. Politico (18 Feb.)
The European Securities and Markets Authority says it will immediately let LCH, ICE Clear Europe and LME Clear provide services in the EU if a no-deal Brexit occurs. Financial News (UK) (subscription required) (18 Feb.)
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