‘The UK is famous for gold-plating EU regulations’: Why Britain won’t ditch Europe’s financial rules after Brexit
|01/24/2018||Posted by BusinessMediaguide.Com under General World News||
- “There has been no appreciable stance within the vast majority of the industry … for some sort of bonfire of the regulations,” TheCityUK’s chief executive Miles Celic told Business Insider.
LONDON — There is no appetite for a “bonfire” of EU regulations when Britain leaves the EU, according to the chief executive of a group which represents the UK’s vast financial services sector.
Miles Celic, chief executive of TheCityUK, told Business Insider that the vast majority of industry and government opposed an approach in which Britain pitched itself as a low-regulation tax haven in a bid to attract banks and financial firms read more >>>