Is the European Union really being unreasonable over the City of London?
Or are we seeing an inevitable consequence of a Brexit that prioritised sovereignty over financial services?
A thread…🧵💵🏦🇬🇧🇪🇺
To some extent yes – especially true among French.
But don’t discount the financial stability concerns, especially since UK ministers have said they intend to use Brexit to diverge on regulation...6/
When the UK was in the EU both co-operated to determine financial regulation.
Now there’s no institutional mechanism to force co-operation, build trust, ensure enforcement etc...8/
More from Government
Canada is failing to act on Climate Change. @wef @WorldBank @IMFNews @IPCC_CH @UNDPGAIN @AntiCorruptIntl @Pontifex @JustinWelby @OCCRP @StopCorpAbuse @TaxJusticeNet @FairTaxCanada @ecojustice_ca @WCELaw @CanEnvLawAssn @envirodefence @IBA_Canada #cdnpoli
Covid recovery money is going to the oligarchy.
Ottawa and the provinces have put very little on the table to help clean-tech companies directly during Covid 19 while targeting fossil-fuel producers with more than $16 billion in aid.
Coast to coast people have demanded treaties be honored. We demanded climate action, divestment and land back but Canada is not listening. This video shows 10 years of rallies in Waterloo Ontario. City & regional council declared a climate emergency. 🚨
The Bank of China (BOC), SNC-Lavalin and WE Charity were recipients of taxpayer-funded the Covid 19 Canadian Emergency Wage Subsidy (CEWS)
Canada: Falling Far Short On Climate Policy, Emissions Reduction and Energy Transition #cdnpoli #bcpoli #alpolitics #onpoli @JimHarris @MikeHudema @SethDKlein @ElizabethMay @CitizensLobbyCa @lulex @kainagata https://t.co/jhm1TXvAKN pic.twitter.com/yEPINC5PTr
— Below2\xb0C (@Below2C_) December 29, 2020
Covid recovery money is going to the oligarchy.
Ottawa and the provinces have put very little on the table to help clean-tech companies directly during Covid 19 while targeting fossil-fuel producers with more than $16 billion in aid.
Coast to coast people have demanded treaties be honored. We demanded climate action, divestment and land back but Canada is not listening. This video shows 10 years of rallies in Waterloo Ontario. City & regional council declared a climate emergency. 🚨
The Bank of China (BOC), SNC-Lavalin and WE Charity were recipients of taxpayer-funded the Covid 19 Canadian Emergency Wage Subsidy (CEWS)