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City Min Griffith Speaks At 1005BST Days After EU Adopts Fin Services MoU

UK

Economic Secretary to the Treasury & City Minister Andrew Griffith - the minister who overseas the UK's financial services sector - is due to speak at the ConservativeHome Savings, Pensions, and Investment conference in just under an hour at 1005BST (0505ET, 1105CET). Link to livestream: https://www.youtube.com/watch?v=uyJaOjcOzVk

  • The speech comes days after the EU adopted a memorandum of understanding (MoU) that would establish a forum between EU and UK financial regulators intended to allow for greater cooperation between the two sides (albeit not including market access).
  • Reuters: "The MoU will create a joint EU-UK Financial Regulatory Forum, similar to one the EU already has with the United States."The MoU does not deal with the access of UK-based firms to the Single Market - or EU firms' access to the UK market - nor does it prejudge the adoption of equivalence decisions," the Commission said."
  • Griffith is set to meet with European Commissioner for Financial Stability, Financial Services and the Capital Markets Union Mairead McGuinness, with McGuinness in London today to deliver a speech at the RUSI on EU sanctions and financial crime.
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Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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