Afme calls for equivalence changes ahead of Brexit negotiations

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Afme calls for equivalence changes ahead of Brexit negotiations

Brexit_PA_230x150_14Jan2020
British Prime Minister Boris Johnson (L) welcomes the European Comission President Ursula von der Leyen (R) on the steps of 10 Downing Street ahead of their meeting on 08 January, 2020 in London, England. The meeting is set to open talks on Britain's post-Brexit trade deal with the EU ahead of the formal negotiations which will start once the 11-month transition period begins in February. (Photo by WIktor Szymanowicz/NurPhoto) | WIktor Szymanowicz/NurPhoto/PA Images

The Association for Financial Markets in Europe (Afme) has proposed changes to the European Union’s equivalence framework. While its report is framed as dealing with the framework in general, rather than specifically with the UK after Brexit, many of its proposals would make an equivalence agreement with the exiting state easier to reach if enacted.

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