Britain and EU Strike Financial Services Cooperation Pact
By Huw Jones
March 26, 2021, Reuters
Britain and the European Union agreed a new post-Brexit financial services pact on Friday that will allow them to co-operate on regulation but does little to improve the City of London’s access to the bloc.
Britain’s finance ministry said the two sides have agreed terms on a “Memorandum of Understanding” that will set the conditions for how regulators from the EU and Britain share information.