As the EU and UK trade negotiations move up a gear, the focus is on the financial sector. UK’s Chancellor says Britain intends that a financial services agreement based on ‘enhanced equivalence’ should be part of a final UK-EU trade deal.
How would enhanced equivalence work?
In EU-UK Financial Services After Brexit: Enhanced Equivalence – A Win-Win Proposition, Barnabas Reynolds, one of the UK’s leading city lawyers, explains the basis in a joint New Direction-Politeia publication to be launched on Wednesday the 28th of February.
