LONDON - Britain’s financial services sector should be ready for a no-deal Brexit when a transition period with Brussels expires in December, a senior European Union official said on Wednesday.
Paulina Dejmek-Hack, director of the European Commission’s task force for relations with Britain, said EU assessments on whether UK financial rules were “equivalent” to those in the bloc - which could allow some direct market access to continue from January - were ongoing. “A lot of preparations went into no-deal and it’s important that these kinds of preparations are taken up again,” she told a webinar held by IIF, a global banking lobby.
YOU are a joke Reuters. The EU with its debt ridden nations most of which have systemically important banks which are about to go pop...& the only EU sovereign debt escape route is the City and you are parroting some non sensical vomit from the EU... get a grip Reuters
He will be out of a job hopefully soon
Boris Johnson BorisJohnson and his Cabinet has cast UK's future with the USA. He will regret it soon.
Yikes
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