European passport

EUROPE

clock

There is still much to do if the EU is to achieve its goal of financial services harmonisation. But for this to have any chance of happening, member states must embrace the Insurance Mediation Directive

Although established in 1957, it took a further 37 years for the European Economic Community (EEC) member states to remove all trade barriers and to turn their common market into a genuine single market in which goods, services, capital and even people could move around freely. This process was formally agreed in 1992 with the signing of the Maastricht Treaty, which led to the creation of the European Union (EU). Key to all of this was the concept of harmonisation. However, it has been a slow process to enact complete harmonisation and even now, in 2006, there is still some way to go. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Multi-Asset and MPS Roadshow: Last chance to join PA in Harrogate or Warrington

Hear from Aberdeen, Aviva Investors, Clever, Downing, Fidelity, Quilter Cheviot, Rathbones

Professional Adviser
clock 08 September 2026 • 1 min read
PA Awards 2027: Submit your entries by 18 September

PA Awards 2027: Submit your entries by 18 September

The 22nd Professional Adviser Awards will take place in London next March

Professional Adviser
clock 04 September 2026 • 1 min read
Two including former police officer charged in connection with £720,000 investment fraud

Two including former police officer charged in connection with £720,000 investment fraud

Due to appear at Westminster Magistrates’ Court

Sophia Panayi
clock 04 June 2026 • 1 min read