U.K. to Start Talks With EU on Finance Cooperation This Week
- Johnson’s office: U.K. wants to protect investors, consumers
- December Brexit trade deal didn’t cover financial services
Photographer: Niklas Halle’n/AFP/Getty Images
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The U.K. will begin talks with the European Union this week on how regulators will cooperate over financial services now Brexit has been completed.
The financial services industry was largely sidelined in the trade deal struck with the bloc by Prime Minister Boris Johnson just before Christmas, but the two parties agreed to broker a Memorandum of Understanding on regulatory cooperation by March.