Progress - or as useful as a chocolate teapot? City's mixed reaction to post-Brexit co-operation talks

UK and EU debate memorandum of understanding

clock
"Technical discussions" between the Treasury and the EU ended last Friday
Image:

"Technical discussions" between the Treasury and the EU ended last Friday

The investment industry has offered a muted reaction to the preliminary steps the UK and EU have made to agreeing the rules of the game around post-Brexit financial services co-operation.

On Friday (26 March), HM Treasury and its EU counterpart, announced that "technical discussions on the text of the memorandum of understanding (MoU), which was agreed in a Joint Declaration on Financial...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

Thomas Coughlin of Kinesis Money

Fool me twice: The lessons we are yet to learn in the 100 years since Weimar hyperinflation

Need to recognise inherent flaws in current system

Thomas Coughlin
clock 22 October 2021 • 3 min read
The bank has pushed back against claims it may offload its asset management arm

State Street disavows claims of asset management sale - reports

Sparked by Invesco rumours

James Baxter-Derrington
clock 22 October 2021 • 1 min read
St James's Place CEO Andrew Croft

St James's Place AUM up 25% year-on-year

Improving consumer confidence fuelled net inflows

Jenny Turton
clock 21 October 2021 • 1 min read