The Commission is planning to redraw rules for financial markets in a bid to boost the EU’s global competitiveness.
    • 9point6@lemmy.worldEnglish
      9·
      2 days ago

      Take another look, this is a good thing.

      It’s not good that Wall St (and therefore typically American investors with American values) has such a huge amount of influence today. This is hopefully a correction for that.

    • CAVOK@lemmy.worldOPEnglish
      101·
      2 days ago

      You might know more about this than me, but how does make capital available to small businesses looking to grow turn the EU job market into a hellscape? Care to elaborate?

      • Quacksalber@sh.itjust.worksEnglish
        8·
        2 days ago

        It sounded like they want to deregulate the market in order to entice investors to invest more. It could be a good thing, but I don’t trust those politicians to craft rules that favor anyone but the rich.

    • Melchior@feddit.orgEnglish
      3·
      2 days ago

      The idea is to have a more unified EU wide financial market with an EU wide financial oversight authority. Investors generally want a strong market oversight, as it makes sure that the companies are not lying to them.

  • wewbull@feddit.ukEnglish
    61·
    2 days ago

    regulation of investment products and cryptocurrency

    …and AI, right? RIGHT!!!

    • Skua@kbin.earth
      1·
      2 days ago

      Hopefully, but that’s not likely to be (directly) handled by finance regulations