Britain’s May defends stance on post-Brexit financial services rules
Prime Minister Theresa May defended her decision to rule out so-called ‘passporting’ rights for banks after Brexit, saying Britain could not become a “rule taker” when it came to financial services. Setting out her thinking in more detail, May said the financial services sector was too important to the British economy for Brussels to retain control of it under the existing ‘passporting’ arrangement.
Source:: https://finance.yahoo.com/news/britains-may-defends-stance-post-114550013.html
