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From gentlemanly capitalism to lobbying capitalism: the City and the EEC, 1972–1992
Financial History Review ( IF 0.4 ) Pub Date : 2020-11-10 , DOI: 10.1017/s0968565020000207
Alexis Drach

The City of London has long attracted much academic and popular attention. However, little research has been done on the relationship between the City and the European Economic Community in the 1970s and 1980s, despite the accession of the United Kingdom in 1973. Based on archival material from central and commercial banks in the UK and France, this article explores the relationship between the City and the EEC, from the accession of the UK to the EEC in 1973 to the Maastricht Treaty in 1992, which was meant to be the year of the completion of the single financial market. The article explores two areas: the influence of the City on EEC financial regulation, and how this influence was exerted. It pays particular attention to two committees chaired by the Bank of England, the City Liaison Committee and the City EEC Liaison Committee, and to British banks. The article argues that if the EEC played a part in the formalisation of British banking regulation, the City also played a key role in shaping EEC plans for financial regulation.

中文翻译:

从绅士资本主义到游说资本主义:城市和欧洲经济共同体,1972-1992

伦敦金融城长期以来一直吸引着学术界和大众的关注。然而,尽管英国于 1973 年加入,但在 1970 年代和 1980 年代,该市与欧洲经济共同体之间的关系却鲜有研究。根据英国和法国中央银行和商业银行的档案材料,这文章探讨了伦敦金融城与 EEC 之间的关系,从 1973 年英国加入 EEC 到 1992 年的马斯特里赫特条约,这意味着单一金融市场的完成之年。本文探讨了两个领域:纽约市对 EEC 金融监管的影响,以及这种影响是如何发挥的。它特别关注由英格兰银行担任主席的两个委员会,即城市联络委员会和城市 EEC 联络委员会,和英国银行。文章认为,如果 EEC 在英国银行业监管的正规化中发挥了作用,那么该市在制定 EEC 的金融监管计划方面也发挥了关键作用。
更新日期:2020-11-10
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