The Committee "Place financière de Paris 2020", chaired by Michel Sapin, Minister of Finance and Public Accounts, and co-hosted by the Treasury Department and Paris EUROPLACE, met on May 30th, 2016 to highlight the advantages of the Paris marketplace, with the aim of serving the economy.
Less than a month before the British referendum, the Paris financial marketplace asserted its wish for the United Kingdom to remain within the European Union . Paris EUROPLACE also put forth the need for further economic integration in Europe with a financing and investment union.
The Paris marketplace put forward its strengths and indicated the next steps to attract international companies wishing to develop their activities in Europe. Among those measures : better fiscal stability, measures in favor of long-term savings measures, reduction of corporate tax, and finally the removal of payroll tax.
Paris EUROPLACE also presented a policy paper demonstrating strong opposition to the DB-LSE merger that poses significant risk for all stakeholders including customers : issuers, investors and intermediates alike.
