Bailey urges EU give on post-Brexit financial services
Financial Conduct Authority (FCA) CEO Andrew Bailey has called
on the EU to recognise UK regulation of the wholesale financial
services sector after Brexit rather than slamming the door on
existing market access.
In a speech at the Future of the City dinner in London on
Monday, Bailey noted that "mutual recognition of regulatory
standards which appropriately protect the public interest" is
what underpins the existing free trade in financial services.
He noted: "The big point here is that if...
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