Major European financial industry associations have called on policymakers in the European Union (EU) to use the Market Integration and Supervision Package (Misp) to improve the bloc's regulatory and supervisory framework.

A group of European financial industry associations has issued a joint statement urging EU policymakers to use the Market Integration and Supervision Package (MISP) to introduce changes aimed at improving the regulatory and supervisory framework for financial markets. The statement also recommended improving the sequencing of financial regulation The statement said that the reforms should focus on increasing proportionality, predictability and international competitiveness while reducing leg