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When it comes to financial legislation applying to banking, to securities trade etc., English law is largely whatever EU law says it is (it's regulated by the E
by flexie 8y ago
When it comes to financial legislation applying to banking, to securities trade etc., English law is largely whatever EU law says it is (it's regulated by the EU). It still remains to be seen what English law will be after Brexit.
As for rule of law in general, it's debatable whether its better in the UK than in the other Western or Northern European nations.
- stuaxo 8y agoA lot of the what the "EU says it is" was significantly influenced by what the UK wanted it to be, especially when it comes to finance.
- benj111 8y ago"English law is largely whatever EU law says it is (it's regulated by the EU)." Aha, but as the major financial services industry player, we actually had a seat at the table, and could actually influence those laws. Now we may have to follow rules we have no say in, or something.... Only 3 months away, no rush.