Sector Regulation Sector Regulation

Hundreds of UK investment firms likely to seek EU access, ESMA says

By Jack Schickler
  • 27 Jan 2021 10:48
  • 27 Jan 2021 10:48

Up to 880 UK investment firms — just a fraction of the 3,500 UK financial traders registered under market-instrument laws — are likely to seek to do business in the EU if the European Commission grants access, the bloc's securities-market watchdog has said.

The news comes as City of London financiers await a commission

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