FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photograph on the first day of his new role at the Central Bank in London, Britain March 16, 2020. Tolga Akmen/Pool via REUTERS
The EU is set to decide in coming weeks on how much direct access it will grant all types of UK financial activity under its system that checks whether British rules are “equivalent” or as robust as those in the 27-nation bloc. “I just do not see how we can have an equivalence process that essentially says, the EU says, we are not going to even judge equivalence because our rules are going to change,” he said.
Alex Brazier, the BoE’s executive director for financial stability, said the EU decision showed the danger of having equivalence that can be withdrawn at any minute, making it difficult to have “well tailored” rules for the City of London.
Why are you angry - we chose to leave the club and did not wAnt their market or their rules-can’t gave the date and eat it!! Brexit done so wake up to the smell of coffee
What else did he expect after leaving? It is like we are not together, but I am really angry if I cannot sleep over 😉.
Does anyone in the EU care what anyone in the UK says ?
Oh well... UK left EU haven't they.
Go trade with dinghy riders - you can sell them Whales from England (full of fatty juice to feed half of afrika) and get a skinny elephant. Brexit means brexit🤣
🤣🤣🤣🤣🤣 If your not a member your not in the club! BrexitReality
Brexit I thought they all said it was projectfear BrexitShambles why should they let a 3rd country (as we willl be) special access if we voted leave? I thought we had an ovenreadydeal