One of the hallmarks of the European Commission's single market program is the removal of Member State barriers to the provision of financial services throughout the EC. The goal is to make a broad spectrum of banking, securities and insurance services available for everyone. The application of the mutual recognition approach is discussed.
E. Waide Warner,
“Mutual Recognition” and Cross-Border Financial Services in the European Community,
55 Law and Contemporary Problems
Available at: https://scholarship.law.duke.edu/lcp/vol55/iss4/2