Full Brexit yet to play out on British finance, lawmakers say

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Full Brexit yet to play out on British finance,...
 © CyprusMail 2022
Britain should avoid major, hasty reforms to make its financial sector more globally competitive following the industry’s separation from the European Union by Brexit, a parliamentary report said on Thursday.

The finance ministry has proposed scores of changes to rules governing capital markets, company listings and insurance to exploit independence from EU regulation and create an opportunity for Britain to innovate. Legislation is due this year.

The outlook for the “resilient” financial sector “seems relatively positive”, given that far fewer finance jobs than...


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Article automatically added to our system on Thursday, June 23, 2022

Full Brexit yet to play out on British finance, lawmakers say


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Article Tags: #brexit   #british   #finance   #lawmakers  


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