Regulatory arbitrage and Schengen Area: Difference between pages

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''European Union (EU)''.
Collective term for the 26 European countries - 22 EU member states, plus four other countries - which have open borders between them.
The 22 participating EU member states are:
:Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain and Sweden.
The other four members of the Schengen Area are:
:Iceland, Liechtenstein, Norway and Switzerland.
====Four EU member states expected to join Schengen====
The following EU member states are expected to join the Schengen Area in due course:
:Bulgaria, Croatia, Cyprus and Romania.
====Two EU member states opted out of Schengen====
Ireland and the United Kingdom (UK) have opted out of the Schengen arrangements.
A referendum held in the UK in June 2016 resulted in a vote in favour of the UK leaving the European Union itself.
====Origins====
The originating Schengen Agreement was signed in 1985 in the Luxembourg village of Schengen, by five countries:
:Belgium, France, Germany, Luxembourg and the Netherlands.


Where a regulated institution takes advantage of the difference between its real (or economic) risk and the regulatory position.


== See also ==
== See also ==
* [[Arbitrage]]
* [[Brexit]]
* [[European Free Trade Association]]
 
* [[European Economic Area]]
* [[European Union]]
__NOTOC__

Revision as of 11:16, 3 August 2016

European Union (EU).

Collective term for the 26 European countries - 22 EU member states, plus four other countries - which have open borders between them.


The 22 participating EU member states are:

Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain and Sweden.

The other four members of the Schengen Area are:

Iceland, Liechtenstein, Norway and Switzerland.


Four EU member states expected to join Schengen

The following EU member states are expected to join the Schengen Area in due course:

Bulgaria, Croatia, Cyprus and Romania.


Two EU member states opted out of Schengen

Ireland and the United Kingdom (UK) have opted out of the Schengen arrangements.

A referendum held in the UK in June 2016 resulted in a vote in favour of the UK leaving the European Union itself.


Origins

The originating Schengen Agreement was signed in 1985 in the Luxembourg village of Schengen, by five countries:

Belgium, France, Germany, Luxembourg and the Netherlands.


See also