Brexit will not bring a ‘bonfire of regulations’ says City of London policy head
Catherine McGuinness calls for more progress on issues of regulatory equivalence between British and European financial services sectors
Lack of progress on issues of regulatory equivalence between the British and European financial services sectors has been a “disappointment,” according to the policy head of London’s financial district.
Catherine McGuinness, head of policy with the City of London, told the Business Post she did not expect a “bonfire of regulations” for British financial services in the wake of Brexit and said the flight of business from London in recent weeks had always been “inevitable”.
