International Regulatory Strategy Group
The new paper, 'An economic partnership based on close and structured cooperation: Key principles for the management of the future UK-EU relationship in financial services', from the International Regulatory Strategy Group (IRSG), calls for structured cooperation that ensures autonomy of decision making, aligns closely with international standards and supports economic growth and investment in the UK and EU.
The IRSG strongly supports clearer and stronger processes for granting, maintaining and withdrawing UK and EU equivalence decisions than those which currently exist. To achieve this, it recommends setting up a formal UK-EU Forum for regulatory and supervisory dialogue.
Read the paper to find out more.
The IRSG is co-sponsored by TheCityUK and The City of London Corporation