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Swiss President Criticizes EU "Discrimination" on Stock Exchanges
January 09, 2018
Bloomberg reports that Swiss President Doris Leuthard recently accused the EU of discriminating against Switzerland by only granting the country's stock exchanges temporary access to EU markets, finding that the supranational organization's decision may be "intended to weaken Switzerland's financial sector."
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Guidelines Seek UK Submission to EU Rules After Brexit
January 09, 2018
The BBC reports that European Commission guidelines on the next phase of Brexit talks, which will focus on the terms of a transition, or "implementation," period after the UK leaves the EU, demand that Britain follow all EU rules, stay in the EU customs union, and remain subject to rulings of the EU Court of Justice during such a period.
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ECJ Paves Way for Tighter Restrictions on Uber
January 09, 2018
The New York Times reports that the Court of Justice of the EU (ECJ) has ruled that ride service Uber is a "transport service" as opposed to a digital marketplace connecting drivers and passengers, in a decision that will likely subject the tech company to stricter regulations and licensing requirements in Europe.
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Officials Plan Broadened EU Oversight of UK Financial Firms
January 09, 2018
Bloomberg reports that, with an eye toward Brexit, the European Commission has proposed new rules to broaden EU oversight of financial firms deemed "systemic," many of which will be UK firms establishing new offices in the EU after Britain leaves the bloc, and to tighten equivalence rules determining whether foreign financial firms may operate within the bloc.
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EU Risks Blowback over Threats to Poland
January 09, 2018
An article in The Economist highlights the dilemma faced by the EU institutions in threatening to punish Poland for rule-of-law violations involved in the government's changes to the country's judicial system, as Polish officials dismiss such opposition to its reforms as unwarranted foreign meddling.
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