EU and UK on brink of signing regulatory deal for financial services

Credit: iStock/CharlieAJA.

An agreement that could secure trade in financial services between Europe and the UK is imminent, after the two sides closed discussions on the text of a memorandum of understanding (MoU) on regulatory cooperation in the sector. The UK Treasury said the MoU “creates the framework for voluntary regulatory cooperation in financial services” following the UK’s departure from the EU.…

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