The European Commission will not initiate an assessment vital to preserving cross-border trading between the European Union and UK, citing an incomplete legal framework that prevents EU authorities from starting the process.
The revelation, contained in a footnote to a stakeholder communication published by the EC on July 9, dashes any remaining hopes that firms based in the UK would be given cross-border access to EU financial markets by the end of 2020, when the Brexit transition period is
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.