Britain sets out 'vision' for financial services
According to Reuters, Britain's finance minister on Thursday set out his "vision" for financial services, saying Brexit is a "unique opportunity" to tailor rules while maintaining high regulatory standards.
Rishi Sunak set out potential reforms to wholesale markets and insurance capital rules, and said Britain will deliver a groundbreaking "mutual access" deal with Switzerland in cross-border financial services.
Reuters reported Sunak as saying "this new chapter for financial services sets out the government's plan to achieve that vision."
Image source: Reuters