The Treasury has concluded technical discussions on the text of the UK-EU Memorandum of Understanding (MoU), which was agreed in a Joint Declaration on Financial Services Regulatory Cooperation alongside the Trade and Cooperation Agreement.
Once signed by both parties, the MoU will create the framework for voluntary regulatory cooperation in financial services between the UK and the EU – in other words, further talks. The MoU will establish the Joint UK-EU Financial Regulatory Forum, which will serve as a platform to facilitate dialogue on financial services issues.
The Treasury has concluded technical discussions on the text of the UK-EU Memorandum of Understanding (MoU), which was agreed in a Joint Declaration on Financial Services Regulatory Cooperation alongside the Trade and Cooperation Agreement.
Once signed by both parties, the MoU will create the framework for voluntary regulatory cooperation in financial services between the UK and the EU – in other words, further talks. The MoU will establish the Joint UK-EU Financial Regulatory Forum, which will serve as a platform to facilitate dialogue on financial services issues.
