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World's biggest sovereign wealth fund says EU markets need single regulator

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    Posted by Two Blokes Jun 9 - Filed in General - #TwoBlokesTrading  - 6 views
    The European Union needs a single regulatory framework and to break down fragmentation across its business, tax, debt issuance and securities law systems, according to Norges Bank Investment Management. "European markets over time have fallen behind in terms of business dynamism and the provision of new investment opportunities to institutional investors," NBIM will tell the European Commission in a letter this week.