UK Admits it Has to Pay for Brexit, is Regulatory Passporting on the Table?

[kreslik.news]

The financial services industry has been one of the hardest hit due to the Brexit process not least due to the volatility in the British pound’s exchange rate. The biggest concern for companies however has been the likely loss of free market access between the UK and the rest of the European Union, which may force them to relocate business to the EU.

With the ongoing Brexit negotiations casting a big shadow over the future business dealings of firms operating in the UK, the news that London has finally agreed that it needs to pay a settlement bill, is welcome.

The UK has finally put down ... (read more)