Britain seeks EU financial market access for decadesChristian Fernsby ▼ | February 11, 2020
Britain wants a durable relationship with the European Union for "decades to come" in financial services as part of a new free trade agreement with the bloc, Britain's finance minister Sajid Javid said today.
Business in Britain Sajid Javid
"If the EU, like us, wants a durable relationship, we should also include measures to directly address the long-term needs of industry for a reliable equivalence process," Javid said in an article in City AM newspaper.
Javid called on the EU to find Britain's financial sector "equivalent", a reference to the bloc's system of financial market access, based on Brussels acknowledging that UK regulation is as robust as the EU's rules. ■