Commenting on of the first meeting of the Joint EU-UK Financial Regulatory Forum, Miles Celic, Chief Executive Officer, TheCityUK, said,
“The first meeting of the Joint Forum presents an important opportunity to lay the building blocks of the future UK-EU relationship in financial services. As well as enabling both sides to focus on key technical and regulatory issues, it should also ensure greater cooperation and communication and, in time, allow for ambitious and future focused discussions."
“Through TheCityUK and the International Regulatory Strategy Group (IRSG), industry has shared its priorities ahead of the first Forum. We will continue to engage with HM Treasury to ensure industry input becomes an ongoing feature of all future Forum meetings.”