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Barnier Signals More Delay for London Banks Eyeing EU Market

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Barnier Signals More Delay for London Banks Eyeing EU Market

Posted on Tue, Feb 16, 2021 @ 11:03

By Tom Metcalf and Maria Tadeo
February 11, 2021, Bloomberg


Michel Barnier, the European Union’s chief Brexit negotiator, warned the bloc won’t be hurried into granting U.K. financial firms free access to the bloc’s single market.

“Equivalence decisions are, and will remain, unilateral of each party and aren’t subject to negotiation,” he said at the European Business Summit in Brussels Thursday. “We will take no risk about financial stability.”

full article

Andrew BaileyBanksBOEESMAEuropeEuropean CommissionFinancial ServicesLondonMichel BarnierMiFIDUK
 

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  • MiFID II Review to Look at Systematic Internalizers

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  • Blast From the Past: EU Watchdog to Nudge Bond Trades Closer to Real-Time Transparency

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