BREXIT - Is This Really Still Rumbling On? 😴
Comments
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I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?0 -
turns out the idiot does not even know what he gets paidDorset_Boy said:
Bailey was head of the FCA. He was a total and utter disaster there and presided over an organisation full of absolute horror stories. He and the senior leaders at the FCA are a bunch of total and utter w@nkers, not fit for purpose.Stevo_666 said:
I know who Andrew Bailey is. However you may want to go to the trouble of explaining your point rather than going all 'Rick' on me.surrey_commuter said:
if you Google Andrew Bailey you may rethink that last opinionStevo_666 said:
The need for reform is mainly driven by the fact that these rules were transposed directly into UK law when we were part of the EU and as such are not fully suited to the UK situation. This is certainly the view of the governor of the BoE and the regulator, whose views I give a little more weight to than a bunch of cyclists on an internet forum.surrey_commuter said:Stevo_666 said:Anyhow, let's get pruning the EU red tape...
https://telegraph.co.uk/business/2022/02/21/city-chiefs-pledge-80bn-brexit-big-bang-red-tape-cut2/
"City chiefs to unleash £80bn Brexit 'Big Bang' as ministers scrap EU red tape
Relaxing of EU rules will spur investment in UK economy, say insurers
Tens of billions of pounds in investment is to be unleashed by City insurers after ministers pledged to axe controversial EU-era red tape in a major post-Brexit shakeup.
Two years after the UK officially left the EU, John Glen, the City minister, said the Government will ditch swathes of the controversial Solvency 2 rulebook governing insurers.
It came as Sir Nigel Wilson, chief executive of Legal & General, and Andy Briggs, chief executive of Phoenix Group, said they could collectively plough around £80bn into the UK economy in the wake of rules being relaxed in an investment “Big Bang”.
Unveiling the shake-up at the Association of British Insurers’ annual dinner, Mr Glen said: “EU regulation doesn’t work for us anymore and the Government is determined to fix that by tailoring the prudential regulation of insurers to our unique circumstances.
“We have a genuine opportunity to maintain and grow an innovative and vibrant insurance sector while protecting policyholders and making it easier for insurance firms to use long-term capital to unlock growth.”
The rules were adopted by ministers once the UK left the bloc, but Rishi Sunak, the Chancellor, had placed the rulebook under review to determine whether it could be relaxed to boost British insurers and increase investment in areas such as infrastructure.
A consultation will be launched in April, with the Bank of England’s Prudential Regulation Authority to look into the finer details later in the year.
The changes are expected to reduce the reporting and administration burden on businesses, increase their flexibility to invest in long-term assets including infrastructure, and free up funds by reducing the risk margin insurers face.
At the same time the “matching adjustment” mechanism covering long-term investments, which the industry says pushes it away from projects such as wind farms and into low-yielding sovereign and corporate bonds, will also be tweaked with “more sensitive treatment of credit risk”.
The Government’s move comes amid growing concern in the City and in Whitehall that the UK has been moving too slowly as Brussels has already published proposed reforms to the Solvency 2 regime.
Sir Nigel said: “The EU is reforming the Solvency 2 rules itself, so we need to make the changes or fall behind.
“The UK has the opportunity to bring regulations up to date, making it possible to invest in asset classes that didn’t exist when they were originally written.”
He added that L&G could invest more than £30bn in “levelling up” projects such as renewable energy and social and affordable housing in the coming years if the rulebook is revised.
Insurance has been touted for years as an industry that could benefit from relaxing the EU rules introduced in the wake of the 2008 financial crash.
Mr Briggs said: “Sensible Solvency 2 reforms represent a unique and very significant opportunity to ensure more private-sector capital can be directed by insurers and asset managers into long-term infrastructure assets in the UK."
Does nobody read these articles?Stevo_666 said:Anyhow, let's get pruning the EU red tape...
https://telegraph.co.uk/business/2022/02/21/city-chiefs-pledge-80bn-brexit-big-bang-red-tape-cut2/
"City chiefs to unleash £80bn Brexit 'Big Bang' as ministers scrap EU red tape
Relaxing of EU rules will spur investment in UK economy, say insurers
Tens of billions of pounds in investment is to be unleashed by City insurers after ministers pledged to axe controversial EU-era red tape in a major post-Brexit shakeup.
Two years after the UK officially left the EU, John Glen, the City minister, said the Government will ditch swathes of the controversial Solvency 2 rulebook governing insurers.
It came as Sir Nigel Wilson, chief executive of Legal & General, and Andy Briggs, chief executive of Phoenix Group, said they could collectively plough around £80bn into the UK economy in the wake of rules being relaxed in an investment “Big Bang”.
Unveiling the shake-up at the Association of British Insurers’ annual dinner, Mr Glen said: “EU regulation doesn’t work for us anymore and the Government is determined to fix that by tailoring the prudential regulation of insurers to our unique circumstances.
“We have a genuine opportunity to maintain and grow an innovative and vibrant insurance sector while protecting policyholders and making it easier for insurance firms to use long-term capital to unlock growth.”
The rules were adopted by ministers once the UK left the bloc, but Rishi Sunak, the Chancellor, had placed the rulebook under review to determine whether it could be relaxed to boost British insurers and increase investment in areas such as infrastructure.
A consultation will be launched in April, with the Bank of England’s Prudential Regulation Authority to look into the finer details later in the year.
The changes are expected to reduce the reporting and administration burden on businesses, increase their flexibility to invest in long-term assets including infrastructure, and free up funds by reducing the risk margin insurers face.
At the same time the “matching adjustment” mechanism covering long-term investments, which the industry says pushes it away from projects such as wind farms and into low-yielding sovereign and corporate bonds, will also be tweaked with “more sensitive treatment of credit risk”.
The Government’s move comes amid growing concern in the City and in Whitehall that the UK has been moving too slowly as Brussels has already published proposed reforms to the Solvency 2 regime.
Sir Nigel said: “The EU is reforming the Solvency 2 rules itself, so we need to make the changes or fall behind.
“The UK has the opportunity to bring regulations up to date, making it possible to invest in asset classes that didn’t exist when they were originally written.”
He added that L&G could invest more than £30bn in “levelling up” projects such as renewable energy and social and affordable housing in the coming years if the rulebook is revised.
Insurance has been touted for years as an industry that could benefit from relaxing the EU rules introduced in the wake of the 2008 financial crash.
Mr Briggs said: “Sensible Solvency 2 reforms represent a unique and very significant opportunity to ensure more private-sector capital can be directed by insurers and asset managers into long-term infrastructure assets in the UK."
After 5 years of inaction it seems they are only doing it because they are being left behind by EU reforms.
How can the general uselessness of the the GB Govt not be a factor when assessing the likelihood of Brexit benefits
He was rewarded for his failure and incompetence by promotion to being Guvnor of the Bank.
Bit like another disasterous head before him who was rewarded for utter failure with a knighthood, and couldn't cope with a couple of months work in the private sector (Hector Sants).0 -
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?0 -
At a glance it looks pretty similar to what has been announced in the UK, but there will I'm sure be some subtle differences. Whether those differences add up to anything material is probably *too soon to tell*.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
The point isn't whether or not we've done exactly what the EU are doing anyway, it's that we could have done something different if we wanted to. It's very important.rjsterry said:
At a glance it looks pretty similar to what has been announced in the UK, but there will I'm sure be some subtle differences. Whether those differences add up to anything material is probably *too soon to tell*.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.- Genesis Croix de Fer
- Dolan Tuono0 -
This forum editing software just keeps getting worse- Genesis Croix de Fer
- Dolan Tuono0 -
In your opinion is it possible to fix the regulators?Dorset_Boy said:
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?0 -
Why they keep branding Brexit as a success?
In which way it is a success?
Trade with the EU is down, the GB/NI issue is not going to be resolved any time soon, anyone thinking of retiring in the sun can no longer do so, the paperwork involved in buying and selling stuff from/to the EU means most retailers no longer bother. Choice of EU products in supermarkets is severely reduced, good thing I am now vegan, so I don't have to witness the sadness of my local Waitrose's cheese section... pretty much always large gaps, where French produce used to be. Some products have gone for good, most likely the manufacturers have decided the UK market is too much hassle.
And that of course before you look at how your career prospects have been curbed... getting a job in Germany is now no longer viable... student exchange has become a nightmare...
Aside from a marginally faster rollout of the Covid vaccine when compared to Italy, France and Germany, what exactly has gone well with Brexit?left the forum March 20230 -
This problem is as basic as reading the Sunday Times Money section. Step 2 would be to read emails from trusted sources who are telling you who the fraudsters are.Jezyboy said:
In your opinion is it possible to fix the regulators?Dorset_Boy said:
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?
As they are competing for staff with the people they are regulating then they need to pay more.
There must have been candidates less thick than Bailey so it is probably incompetent to the core so they will have to rename it and hope nobody notices0 -
I only have experience of the FCA and its predecessors. I do think the FCA could be fixed, but to do so requires the FCA to be reincarnated first, and a wholesale attitude shift needs to occur.Jezyboy said:
In your opinion is it possible to fix the regulators?Dorset_Boy said:
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?
It needs to stop being so incredibly arrogant, and stop being a bully.
It needs to listen and hear the businesses it is supposed to regulate.
When it consults, it must be willing to change its mind.
It must recognise that big is far from beautiful and small businesses should not be bullied.
It must be willing to listen when reports of fraud and mal-practice are reported to it and act there and then, not ignore those reports until the horse has bolted.
Senior mangement must be held accountable for their failings, and not rewarded for their failings with promotions such as those given to Bailey.
It must accept that it is accountable to Parliament.
It needs to listen to the industry about how to fix the broken compensation scheme, and accept that the public should bear some of that cost if they want to be protected by it. It has cloth ears on this.
It needs to have some senior managers with experience of the areas they are regulating.
It needs to have a good number of senior managers who understand small businesses.
It needs to move from London.
There are some very good people who work for the FCA, but god, some of the senior management are and have of the years been despicable.
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This, and this thrice over. I only had the misfortune of having to seek advice and help once and they were worse then f*cking useless.Dorset_Boy said:
I only have experience of the FCA and its predecessors. I do think the FCA could be fixed, but to do so requires the FCA to be reincarnated first, and a wholesale attitude shift needs to occur.Jezyboy said:
In your opinion is it possible to fix the regulators?Dorset_Boy said:
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?
It needs to stop being so incredibly arrogant, and stop being a bully.
It needs to listen and hear the businesses it is supposed to regulate.
When it consults, it must be willing to change its mind.
It must recognise that big is far from beautiful and small businesses should not be bullied.
It must be willing to listen when reports of fraud and mal-practice are reported to it and act there and then, not ignore those reports until the horse has bolted.
Senior mangement must be held accountable for their failings, and not rewarded for their failings with promotions such as those given to Bailey.
It must accept that it is accountable to Parliament.
It needs to listen to the industry about how to fix the broken compensation scheme, and accept that the public should bear some of that cost if they want to be protected by it. It has cloth ears on this.
It needs to have some senior managers with experience of the areas they are regulating.
It needs to have a good number of senior managers who understand small businesses.
It needs to move from London.
There are some very good people who work for the FCA, but god, some of the senior management are and have of the years been despicable.0 -
If the solution was double everyone in the FCA's pay, would you be up for it? As that is a fundamental issue with the regulator. Anyone, who is half decent can earn double elsewhere for half the grief.Dorset_Boy said:
I only have experience of the FCA and its predecessors. I do think the FCA could be fixed, but to do so requires the FCA to be reincarnated first, and a wholesale attitude shift needs to occur.Jezyboy said:
In your opinion is it possible to fix the regulators?Dorset_Boy said:
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?
It needs to stop being so incredibly arrogant, and stop being a bully.
It needs to listen and hear the businesses it is supposed to regulate.
When it consults, it must be willing to change its mind.
It must recognise that big is far from beautiful and small businesses should not be bullied.
It must be willing to listen when reports of fraud and mal-practice are reported to it and act there and then, not ignore those reports until the horse has bolted.
Senior mangement must be held accountable for their failings, and not rewarded for their failings with promotions such as those given to Bailey.
It must accept that it is accountable to Parliament.
It needs to listen to the industry about how to fix the broken compensation scheme, and accept that the public should bear some of that cost if they want to be protected by it. It has cloth ears on this.
It needs to have some senior managers with experience of the areas they are regulating.
It needs to have a good number of senior managers who understand small businesses.
It needs to move from London.
There are some very good people who work for the FCA, but god, some of the senior management are and have of the years been despicable.0 -
Pointless question as that isn't the solution at all.rick_chasey said:
If the solution was double everyone in the FCA's pay, would you be up for it? As that is a fundamental issue with the regulator. Anyone, who is half decent can earn double elsewhere for half the grief.Dorset_Boy said:
I only have experience of the FCA and its predecessors. I do think the FCA could be fixed, but to do so requires the FCA to be reincarnated first, and a wholesale attitude shift needs to occur.Jezyboy said:
In your opinion is it possible to fix the regulators?Dorset_Boy said:
Because the likes of Andrew Bailey were heading up one of the 2 financial regulators, along with a bunch of other incompetent senior managers.surrey_commuter said:
I know my question will be judged by my past comments but as I don't know anything about this area it is genuine.Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.
If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?
It needs to stop being so incredibly arrogant, and stop being a bully.
It needs to listen and hear the businesses it is supposed to regulate.
When it consults, it must be willing to change its mind.
It must recognise that big is far from beautiful and small businesses should not be bullied.
It must be willing to listen when reports of fraud and mal-practice are reported to it and act there and then, not ignore those reports until the horse has bolted.
Senior mangement must be held accountable for their failings, and not rewarded for their failings with promotions such as those given to Bailey.
It must accept that it is accountable to Parliament.
It needs to listen to the industry about how to fix the broken compensation scheme, and accept that the public should bear some of that cost if they want to be protected by it. It has cloth ears on this.
It needs to have some senior managers with experience of the areas they are regulating.
It needs to have a good number of senior managers who understand small businesses.
It needs to move from London.
There are some very good people who work for the FCA, but god, some of the senior management are and have of the years been despicable.
As I said there are some very good and plenty of very competent people at the FCA who are happy with their lot there. Not everyone wants to chop and change their job every 5 minutes, or be encouraged to by a recruiter!0 -
The UK's vaccine rollout was fast initially due to:ugo.santalucia said:Aside from a marginally faster rollout of the Covid vaccine when compared to Italy, France and Germany, what exactly has gone well with Brexit?
i) using emergency authorisations of vaccines in late 2020 which was perfectly legal whilst still fully bound by EU law as the UK was at the time; and
ii) not being in the EU-wide vaccine procurement scheme that wasn't mandatory for EU members anyway
So not legally as a result of Brexit, though (ii) would have been very difficult politically if still ongoing members of the EU with no intention of leaving.
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Because the government is incompetent and hadn't realised at the time that it needed to make things happen rather than simply leaving the EU being an automatic trigger for "good stuff" to happen.surrey_commuter said:If these regs were so onerous and bad for the UK why were the reforms not ready to be implemented at one minute past midnight when we exited the EU?
EDIT - on reflection, SC's question almost certainly rhetorical!
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Probably better to compare this to the UK specific rules once amended and then decide which set is more appropriate for us. Shouldn't be difficult.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
You can report back when it's all done.Stevo_666 said:
Probably better to compare this to the UK specific rules once amended and then decide which set is more appropriate for us. Shouldn't be difficult.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.1 -
Ah, so neither party has actually changed anything yet. But they will at some point and there might be a material divergence, which might in turn confer some benefit. Maybe. Good.Stevo_666 said:
Probably better to compare this to the UK specific rules once amended and then decide which set is more appropriate for us. Shouldn't be difficult.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
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It would be good to get your views as well at the appropriate time.kingstongraham said:
You can report back when it's all done.Stevo_666 said:
Probably better to compare this to the UK specific rules once amended and then decide which set is more appropriate for us. Shouldn't be difficult.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
As previously stated, I have no knowledge of this area, so no useful input to offer. Sorry.Stevo_666 said:
It would be good to get your views as well at the appropriate time.kingstongraham said:
You can report back when it's all done.Stevo_666 said:
Probably better to compare this to the UK specific rules once amended and then decide which set is more appropriate for us. Shouldn't be difficult.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level.0 -
Having little knowledge of something has not been much a barrier to offering an opinion for many people on here, has it? For example, just read a few of the old tax related threads in Cake Stopkingstongraham said:
As previously stated, I have no knowledge of this area, so no useful input to offer. Sorry.Stevo_666 said:
It would be good to get your views as well at the appropriate time.kingstongraham said:
You can report back when it's all done.Stevo_666 said:
Probably better to compare this to the UK specific rules once amended and then decide which set is more appropriate for us. Shouldn't be difficult.kingstongraham said:
Can you let those of us who don't understand any of this know when you've reviewed them? https://ec.europa.eu/commission/presscorner/detail/en/ip_21_4783&ved=2ahUKEwiXnYz24pX2AhUXi1wKHY9vDEkQFnoECCQQAQ&usg=AOvVaw3yUFwV-5MnQIejOuHAa4R1Stevo_666 said:
Has the EU actually cut any of it? I haven't heard.rjsterry said:
You mean the red tape that the EU was already reviewing last September?Stevo_666 said:Anyhow, the bonfire of the EU red tape is happening in the insurance sector whether you like it or not:
https://gov.uk/government/news/uk-slashes-red-tape-through-bold-reforms-to-insurance-sector-regulation
Sovereignty in action again
SOVWINTY!
It's pretty basic stuff that we should make the rules a best fit for us rather than accept a compromise for 27/28 different parties.
Anyhow, its just one example of what will be many over the coming years. I'm sure the EU will understand as they like making decisions and being in control - which is just sovereignty on a different level. "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
On news that seems a little unimportant right now, today was my last day working in the EU after 11 years...
Despite trying every possible tactic and negotiating directly with the relevant Cantonal authority, No swiss work permit for non-EU citizens. A company started by Brits has had to stop employing Brits.
As always the boring reality of this situation is that actually, no one in the EU (or Schengen in this case) cares. We've just quickly and quietly been replaced and forgotten. Much as Rick's tweet illustrates too.We're in danger of confusing passion with incompetence
- @ddraver0 -
I never knew that Switzerland was in the EU...ddraver said:On news that seems a little unimportant right now, today was my last day working in the EU after 11 years...
Despite trying every possible tactic and negotiating directly with the relevant Cantonal authority, No swiss work permit for non-EU citizens. A company started by Brits has had to stop employing Brits.
As always the boring reality of this situation is that actually, no one in the EU (or Schengen in this case) cares. We've just quickly and quietly been replaced and forgotten. Much as Rick's tweet illustrates too."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
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You said in para 1 that it was your last day working in the EU.ddraver said:Third paragraph
BTW they are issuing permits, but not to everyone:
https://ch.ch/en/work/working-in-switzerland-as-a-foreign-national/
Looks like you need to be qualified or seen as in the economic interests of Switzerland,"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
By kicking out Raver? That's a bit harsh.rick_chasey said:Admit it Stevo, EU has stepped up
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Hasn't DDR previously said he works in France but managed to get around the Brexit and / or Covid issues by going via Switzerland? Sounds like the loophole has been closed. I can't see how anything that restricts your options on where you can work can be seen as good (especially if the job you love simply can't be done in the UK).Stevo_666 said:
You said in para 1 that it was your last day working in the EU.ddraver said:Third paragraph
BTW they are issuing permits, but not to everyone:
https://ch.ch/en/work/working-in-switzerland-as-a-foreign-national/
Looks like you need to be qualified or seen as in the economic interests of Switzerland,0
