I suspect they are confusing "total market capitalization of companies on stock exchange" with "financial industry".

We come mentally of age when we discover that the great minds of the past, whom we have patronized, are not less intelligent than we are because they happen to be dead -- Cyril Connolly, The Unquiet Grave

Does that(the patronization) happen frequently? I far more frequently witness people lionizing people of the past in all sorts of benign and malign ways.

I wonder how often this happens and we _don't_ recognize it.

No, they don't. Whilst Switzerland is not in the EEA, it does have agreements with the EU which include FoM.

Iceland already has freedom of movement (to live and work) due to its EEA membership; and it is only somewhat to do with Schengen, which is about passport free travel not living and working. You can have FoM without Schengen - e.g Romania until 1st Jan 2025.

Iceland is not in the CFP.

Pedantry: Cyprus is in the levant, and the UK has two sovereign areas there.

This has now been remedied:

https://pdfa.org/sponsored-standards/

Here's one to look at: https://dl.acm.org/doi/10.1145/2980179.2982434

I know it as a "toffee hammer".

"We come mentally of age when we discover that the great minds of the past, whom we have patronized, are not less intelligent than we are because they happen to be dead."

-- Cyril Connolly, The Unquiet Grave