Briefly discuss whether you consider these initiatives a viable blueprint for international banking rules

We live in an age of increasing globalisation and international capitalism. The European Union (EU) has been a prominent actor on both scores. For this assignment, critically review the EUs initiatives in seeking to harmonise the regulation of financial services among member states, and comment on ways in which these add toor detract fromnational autonomy. Briefly discuss whether you consider these initiatives a viable blueprint for international banking rules. Please cite using Oscola style of referencing and use compelling legal resources to back it up

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