11.9 C
August 20, 2022
Finance Technologies

London calling

Forget all the misty-eyed celebratory fanfare of Christmas Eve’s eleventh-hour Brexit trade deal. UK financial services were left out in the cold. Stark naked. The long hoped-for regulatory equivalence pact between the UK’s regulated companies and the EU has yet to materialise, leading many to lament that Boris’ lauded tariff and quota-free goods agreement was, in fact, a ‘no-deal deal’ for the City. Smooth, mutual market access was for the Square Mile always the Holy Grail of a post-Brexit landscape. Given that UK/EU financial services rules are virtually identical, it was logical to assume Brussels would grant UK asset managers,…
London calling

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