The European Fund and Asset Management Association (EFAMA) has proposed the introduction of a "digital passport" to facilitate the distribution of asset management products across EU borders.
In its response to the European Commission's Capital Markets Union mid-term review consultation, EFAMA said that although there has been "high interest" from asset managers in the distribution of services...
£44bn committed to sector over five years
Key points from Hammond's 'balanced' Budget
No stamp duty on homes under £300,000
Second Budget this year
Rises in-line with CPI