Posted on Jul 08, 2020
Assessments of Britain’s future access to the EU's financial markets are “ongoing” and take into account how far the United Kingdom will diverge from the bloc’s rules, a European Commission official said on Wednesday.
“We need to have a forward-looking approach and have a good understanding of the intentions the UK has in terms of future financial regulation,” Andrea Beltramello told an FIA online event.
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Britain and the EU blame each other for missing an end of June deadline for completing assessments on financial market access from next January.
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