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London Must Be ‘Clear Eyed’ About Prospects for EU Access

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London Must Be ‘Clear Eyed’ About Prospects for EU Access

Posted on Thu, Jan 14, 2021 @ 7:05

By Huw Jones
January 14, 2021,
Reuters

The City of London may remain largely cut off from the European Union’s financial markets, industry officials warned on Thursday, saying a future co-operation agreement won’t automatically unlock access.

Britain’s new post-Brexit trade deal with the EU does not cover financial services, leaving the City largely isolated from its biggest customer, fragmenting markets and helping New York to pick up business, the officials said.

full article

BanksBrexitCity of LondonDerivativesEuropeEuropean CommissionMichael ThielNick CollierTrading
 

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