Editor’s Letter – Issue 114

June 2016

HAMLIN LOVELL

Brussels, the ‘capital of Europe’, had seven city gates in the thirteenth century (of which the Halle Gate, a modern day museum and erstwhile prison, is the only one extant today). Those seeking to market funds in 21st century Europe should only have to navigate one set of rules, according to the principles of the Capital Market Union; but in practice they may have to grapple with as many as 28 gatekeepers – in the form of national regulators.

The European Commission...

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