Lords take evidence on Genuine Economic and Monetary Union proposals

11 June 2013

The House of Lords EU Sub-Committee on Economic and Financial Affairs will tomorrow take evidence from the City of London Corporation and the British Chambers of Commerce. The session is part of the Committee’s inquiry into EU plans for Genuine Economic and Monetary Union (GEMU) and its implications for the UK.


Tuesday 11 June 2013, Committee Room 3, Palace of Westminster


  • Mark Boleat, City of London Corporation
  • Dr. Adam Marshall, British Chambers of Commerce

The Committee will ask the witnesses whether there are elements of the proposed GEMU that they regard as a threat to the international position of the City of London, what the impact of GEMU might be for the single market in financial services, and whether proposals for a banking union will decisively break the link between bank and sovereign debt.

Further information

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