BoE governor says UK should not ‘take’ EU financial services rules for access

Andrew Bailey, governor of the Bank of England

Governor of the Bank of England (BoE) Andrew Bailey said the UK’s financial services sector should not pay too high a price for access to the European Union’s markets now that the country has formally left the trading bloc without a deal that covered financial services. The bank also said Solvency II rules need reforming in the UK. Speaking before…

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