Dombrovskis sets out tough stance on UK finance

Britain’s financial services industry should not expect to access EU markets by way of third country equivalence, nor mutual recognition after Brexit, according to the vice-president of the European Commission.

  • By Nell Mackenzie
  • 25 Apr 2018

Valdis Dombrovskis, while speaking at the CityWeek conference in London on Tuesday, said that Europe had many successful working relationships with third country providers and third country equivalence would serve as a pragmatic solution to the problems Brexit poses to the UK.

But he qualified that third countries which ...

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