The UK Treasury has handed EU authorities a shopping list of around 50 technical alterations to regulations impacting the City of London – but there has been no resumption of past battles over bonuses and banker-bashing.

The Treasury document, published on February 4, argues for tweaks to rules governing fund management, hedge funds and venture capital, changes to market infrastructure rules such as the revised Markets in Financial Instruments Directive and a European "Commission-led review" of how new banking regulations have affected bond market liquidity.