EU should offer Britain ‘equivalence’ on financial services – UK’s Javid ...News

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EU should offer Britain ‘equivalence’ on financial services – UK’s Javid
The EU should continue to recognize Britain’s financial services industry as meeting equivalent regulatory standards when a Brexit transition period ends next year, finance minister Sajid Javid said on Tuesday. “On day one we will have exactly the same rules,” Javid said in parliament, after a lawmaker asked him if it would be reasonable for the EU to grant Britain’s insurance industry less access than Bermuda’s. “As we forge a new relationship with our European friends, financial services will be a key part of it,” Reuters quoted the minister as saying. Earlier on Tuesday, Javid stated that he wanted a durable relationship over financial services that would last for

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