The City of London should no longer be the euro's main financial centre so the eurozone can "control" most financial business in the region, France's central bank governor said in an interview published on Monday (3 December).
European Union diplomats and the European Parliament agreed yesterday (9 February) to overhaul regulation of the multi-trillion euro derivatives market, a move that will make it easier to control one of the most opaque areas of finance.
Sharp differences emerged between EU-US and Asian policymakers over whether to regulate commodities trading during a policy debate at a European Commission-hosted conference on raw materials, held on Tuesday (14 June) in Brussels.
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