A Trade Deal Would Give the City of London Breathing Space

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Series Details Number 134
Publication Date October / November 2020
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Summary:

The EU’s decisions on financial equivalence for the UK are formally separate from the trade deal under negotiation, The trade agreement that the UK and EU are negotiating offers little in practice to the financial services sector. But the City of London is still hoping for a deal: the EU is more likely to grant equivalence in some areas of financial services if a trade deal is struck.
Source Link Link to Main Source https://www.cer.eu/publications/archive/bulletin-article/2020/trade-deal-would-give-city-london-breathing-space
Alternative sources
  • https://www.cer.eu/sites/default/files/bulletin_134_article1_JS.pdf
Related Links
ESO Records
European Commission (COM (2019) 349): Equivalence in the area of financial services https://www.europeansources.info/record/equivalence-in-the-area-of-financial-services/
EPRS In-Depth Analysis, Oct 2018: Third country equivalence in EU banking and financial regulation https://www.europeansources.info/record/third-country-equivalence-in-eu-banking-and-financial-regulation/
Cardiff EDC: Negotiations on the future relationship between the European Union and the United Kingdom https://www.europeansources.info/record/negotiations-on-the-future-relationship-between-the-european-union-and-the-united-kingdom/
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