Seriously, folks!

First Published in Automated Trader Magazine Issue 24 Q1 2012 : European Legislation

Remember Europe? The Eurozone? Land of a thousand financial crises and quite a few fat-fingered fraudsters? Brussels? Bureaucrats? So do we. And it's not dead yet. So we've asked Anita Hawser, veteran of many a stirring press conference about the indivisibility of the euro, the invincibility of the eurozone and the inevitability of - stop sniggering at the back - ever-closer European fiscal union, to look into the crystal ball for some hint of the legislative outcomes, and their impact on us, if Europe doesn't collapse. Bit of a long shot, yes, but it's good to be prepared for the unexpected. Isn't it?

Yes, the MiFID Review really is the big one in terms of market legislation," says Kay Swinburne, the European Conservatives and Reformists Group's co-ordinator on the European Parliament's Economics and Monetary Committee. As Swinburne says, the financial services industry in Europe faces a "tsunami" of regulation including the European