Financial regulations and legislation
Question for written answer E-000330/2023
to the Commission
Chris MacManus (The Left)
The Commission has recently proposed a raft of changes to financial regulations and legislation, citing COVID-19 and the war in Ukraine as reasons. In most cases, these changes could be said to amount to a step backwards towards light-touch regulation or even deregulation.
- 1.Does the Commission accept that its measures purportedly to help economic recovery could be interpreted as aiding a slide back towards light-touch regulation or even deregulation?
- 2.What safeguards are in place to prevent the financial industry from exerting excessive influence on the Commission when designing these measures?
Last updated: 6 February 2023