Sector Regulation Sector Regulation

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 of legislation (see

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