European Directives affecting banking and financial services law in the UK.
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There are certain common underlying themes in European financial services policy and law. These include investor, depositor and policyholder protection, prudential supervision of the phenomenon known as bancassurance or Allfinanz , common rules on prevention of money-laundering and protection of personal data. The role of the State in the provision of financial services, in particular provision for old age and retirement, is also an increasingly important policy and legislative area. For these reasons harmonisation of the laws and policies relating to this area has been on…
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