Financial Services Financial Services

Stalling of UK-EU financial services deal has little effect but is significant, BOE’s Cunliffe says

A post-Brexit financial services agreement that has been held up by the EU does not have a practical impact on trade or regulation, but does send a signal to the market about UK-EU relations, Bank of England deputy governor Jon Cunliffe said today. 

The practical significance of the UK-EU memorandum o

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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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