U.K. Finance Firms May Face New Barriers to Doing Business in EU
- MEP Markus Ferber seeks changes to investment-company rules
- Companies would have to move to the EU to offer some services
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The challenges faced by U.K. financial firms doing business in the European Union after Brexit could be about to get even tougher.
Markus Ferber, the European Parliament’s lead lawmaker on an overhaul of rules for investment firms, is seeking to limit the range of financial services that can be offered by firms from outside the EU, according to a draft report released on Friday.