City of London to press for "achievable" EU mutual access deal - RTRS

The City of London’s Lord Mayor Charles Bowman said in a speech in Madrid on Wednesday that he would try hard to keep the UK and European Union rules in lock-step after Brexit, as he believes it’s achievable to maintain access to each other’s financial markets, Reuters reports.

Key Quotes:

“It would represent a true win-win for Europe,” 

“Maintaining a default position of regulatory alignment, to underpin mutual market access will give us so much.”

“In all my meetings with officials, politicians, policy experts, I have seen no appetite to slash regulation after Brexit.”