Sector Regulation Sector Regulation

Comment: EU’s Euroclear equivalence offering proves fragility of hardball politics

By Fiona Maxwell
  • 26 Nov 2020 08:59
  • 26 Nov 2020 08:59

Today’s decision to grant Euroclear temporary equivalence is a win for financial stability and proves the impossibility of maintaining a hardball political approach to Brexit in the face of global markets.

The hardline message from Brussels — that UK financial services institutions should expect no further access decisions while wider Brexit

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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