'No rush' on City of London access to EU, says EU official
World+Biz
23 March, 2021, 10:05 pm
Last modified: 23 March, 2021, 10:09 pm
"We will not be recreating access to the single market for the UK as they have chosen to move out," Mairead McGuinness told an event held by the European Securities and Markets Authority (ESMA)
Photo: Bloomberg
The European Union and Britain expect to agree a cooperation framework for financial services by the end of March, but there will be "no rush" on granting the City of London access to the EU, the bloc's financial services chief said on Tuesday.
"We will not be recreating access to the single market for the UK as they have chosen to move out," Mairead McGuinness told an event held by the European Securities and Markets Authority (ESMA).
Comments
While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.