Brussels Edition: Nothing Is Free

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There’s no such thing as free access. That’s the message prepared by the European Commission for the new British premier in a paper to be presented later this month. The U.K. should expect a “rigorous” assessment of its regulations before its banks will be allowed to do business in the EU after Brexit, according to the draft document. Meanwhile, members of Britain’s Parliament moved to stop the next prime minister forcing the country out of the bloc without an agreement. It’s a clear warning to Boris Johnson, the favorite to succeed Theresa May next week, that he will have a fight on his hands if he tries to deliver a no-deal Brexit.