A half-finished job: The EU’s financial services action plan
Written by Alasdair Murray, 01 November 2002
At the Lisbon summit in March 2000, EU heads of government signed up to an ambitious programme designed to achieve a viable single market in financial services by 2005. The financial services action plan (FSAP) is an attempt to reduce the legal obstacles which still prevent businesses – whether retail banks, insurance companies or stock exchanges – from selling their wares seamlessly across the EU.
