EU member states must ‘reflect’ on need for bloc-wide regulation of non-bank entities

Mairead McGuinness, Ireland’s EU Commissioner, says a new consultation will offer a ‘complete view’ of how such firms are regulated

Mairead McGuinness, European commissioner for financial stability financial services and capital markets union (CMU), has said the union is being held back by “a lack of ambition”. Picture: Fred Marvaux