Financial Services Financial Services

Lack of EU equivalence decisions for UK finance a political issue, lawmakers say

By Phoebe Seers
  • 23 Jun 2022 00:01
  • 22 Jun 2022 23:13
An absence among the UK's financial-services sectors of EU equivalency agreements appears to stem from a political rather than technical decision to hold the UK to a higher standard than other countries, a committee of lawmakers scrutinizing the UK-EU relationship in financial services said today.
While the UK has granted

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Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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