Swinburne hits out at ‘politicised’ EU equivalence process
Politics could further frustrate equivalence decisions in the future, particularly after Brexit, warns MEP
The European Union’s equivalence process is highly politicised and could frustrate future attempts at equivalence agreements, Kay Swinburne, a member of the European Parliment’s economic and monetary affairs committee (Econ), warned at a conference in London.
“I along with MEPs from other parts of the EU have previously criticised the way in which the EU has an equivalence process that is highly politicised. The fact that it took four years [to get to] the Emir [European Market Infrastructure
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