• How Christine Lagarde planned to use EU rules to force business from London to Paris - 7 years before Brexit

    11 monthes ago - By Business Insider

    Kay Swinburne MEP: "My French colleagues were obviously on a mission from 2009 to try and actually get, before Brexit, as much back to Paris as they could."
    Swinburne helped counter Lagarde's efforts to force business out of the City by drafting reports that supported the business being done in London.
    Swinburne helped "set the scene" for Mifid II, EU financial legislation that has just come in and "could have been a lot worse."
    Current efforts to force euro-denominated clearing out of London and into the eurozone post-Brexit "run counter to the global thinking," Swinburne said.
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