Capital markets union and Lord Hill’s answers to next hearing
MADRID | The Corner | Newly appointed Commissioner for Financial Stability, Financial Services and Capital Markets Union, Jonathan Hill, received a “written exam” from the Parliament’s ECON Committee, whose members felt he had failed to sufficiently answer their questions at his first hearing. Lord Hill replied with his answers in writing on Sunday (see link below). Unfortunately, while Hill appears happy to offer his take on financial regulation, he was rather less forthcoming when it came to revealing his ties with The City of London.
