Trade Trade

Financial-services equivalence for EU doesn't drain UK's negotiating power, Treasury official says

By Fiona Maxwell
  • 11 Nov 2020 11:58
  • 11 Nov 2020 12:17
News that EU financial-services companies will benefit from unilateral equivalence decisions by the UK finance ministry does not mean London’s negotiating power on Brexit has been damaged, a senior official insisted to lawmakers today.
Finance minister Rishi Sunak’s announcement on Monday that the UK would grant access for certain pieces

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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 Risk.net, 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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