Sector Regulation Sector Regulation

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 of

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