EU to grant Britain temporary euro clearing access until June 2022: sources

Global Economy

Reuters
15 September, 2020, 07:35 pm
Last modified: 15 September, 2020, 07:36 pm
Britain left the EU in January and unfettered access under transition arrangements ends on Dec. 31
FILE PHOTO: Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic

The European Union is expected to grant clearing houses in Britain access to the bloc's market for 18 months from January, two industry sources said on Tuesday.

The sources said temporary access would be granted until June 30, 2022.

Britain left the EU in January and unfettered access under transition arrangements ends on Dec. 31.

Related Topics

World+Biz

European Union / United Kingdom (UK) / Brexit / Euro

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