For a better user experience please update your browser or use Chrome or Firefox browser.
Utilities
Publication detail
HomeRecent trends in UK financial sector regulation and possible implications for the EU, including its approach to equivalence
Recent trends in UK financial sector regulation and possible implications for the EU, including its approach to equivalence
Publication metadata
Brexit poses unique challenges for policymakers in the EU as the most important financial centre in Europe is now outside its regulatory framework. We expect significant divergence over the medium- to long-term, given recent legislative and regulatory initiatives in the UK, but also developments of the regulatory framework in the EU. However, there seem to be limited concerns of an easing of the tax evasion and Anti-Money Laundering framework in the UK. We expect a limited use of the EU equivalence regime for the UK. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).
- Published:
- Corporate author(s): Directorate-General for Internal Policies of the Union (European Parliament)
- Personal author(s): Petit, Christy Ann ; Beck, Thorsten
- Themes: Banks, insurance
- Subject: exchange of information , financial control , financial institution , financial legislation , financial market , financial solvency , financial supervision , market supervision , monetary policy , money laundering , United Kingdom , withdrawal from the EU
|
PDF
|
|||
| ISSN | ISBN 978-92-848-0170-1 | DOI 10.2861/77929 | Catalogue number QA-07-23-058-EN-N |
|
Paper
|
|||
| ISSN | ISBN 978-92-848-0171-8 | DOI 10.2861/674464 | Catalogue number QA-07-23-058-EN-C |
- Released on EU Publications:
Document viewer
Note:
The publication cannot be displayed in the document viewer. Open web version
You may access it from: Download and languages