Britain tells EU not to politicise financial market access

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The City of London's access to the European Union after Brexit should not be politicised by the bloc, given that Britain will maintain high regulatory standards in future, the UK's financial services minister said on Monday.

FILE PHOTO: John Glen, local Member of Parliament for Salisbury and South Wiltshire, talks to the media in Salisbury, Britain, April 3, 2018. REUTERS/Hannah McKay/File Photo

LONDON - The City of London’s access to the European Union after Brexit should not be politicised by the bloc, given that Britain will maintain high regulatory standards in future, the UK’s financial services minister said on Monday. The EU has said it wants details from Britain on how it would diverge from EU rules before granting financial market access for the UK after full Brexit on Dec. 31.

UK financial services minister John Glen said Britain often goes beyond the EU in applying new rules. “Our reputation globally is based on the highest standards, and not a race to the bottom,” Glen told a House of Lords committee.

 

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Brexit means out is out, feeling the burn already

Britain arrogantly, under the pretext of protecting British society and its way of life, has chosen to paradox the European Union, and at the same time it wants to preserve its economic advantages.

This is what happens when you use any goodwill that you have left arguing about mackerel.

Has the EU stopped laughing yet🤔🤣🤣🤣🤣

Everything is up for grabs. That's what you voted for with Brexit.

The french and germany goverments, persecute muslims in eu. From this reason all muslims boycott french &germany goods.

UK isn't really in a position to be making demands lol

Lol don't politicise politics

How funny!

This is funny given where the politicization started.

That’s cute.

The EU to 10DowningStreet BrexitDeal

horrible

anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy

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