Commenting on the MoU signing, Miles Celic, Chief Executive Officer, TheCityUK, said:
“The signing of the MoU on financial services is another positive step forward in rebuilding UK-EU relations. Progress has been a long time coming and the launch of a joint forum to discuss regulatory cooperation is vital to boost coordination and communication on key areas and issues of mutual interest in financial services.
“Industry is keen for this forum to enable constructive and forward-looking dialogue between regulators and that it consults with industry early and regularly.”
