Conservative MP Mark Hoban is leading an independent delegation from the City of London to Brussels to discuss the Brexit outcome for financial services.
Since the EU referendum last June, financial services firms have been nervous about the potential loss of 'passporting' arrangements which allow them to trade cross-border. According to the Financial Times, Hoban (pictured), a former Minister for Work and Pensions, is leading the delegation independent of the government. JPM chief Dimon warns Hammond against rushed Brexit The proposed plan is based on 'mutual access', which would allow the UK and EU member states to operate in each other's markets without barriers. It would also include shared regulatory supervision and joint dis...
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