EU’s Barnier calls British financial market proposals ‘unacceptable’

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EU’s Barnier calls British financial market...
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British proposals to give the City of London access to the European Union are “unacceptable” because they seek to maintain the benefits of the single market without the obligations, the bloc’s chief Brexit negotiator Michel Barnier said on Tuesday.

EU policymakers worry that the UK could gain a competitive advantage by easing financial rules, but Britain has said it would maintain high standards of regulation.

Barnier said Britain would like to make it easy to continue to run EU financial services businesses from London, with...


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EU’s Barnier calls British financial market proposals ‘unacceptable’


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Article Tags: barnier, calls, british, financial, market, proposals, unacceptable,