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/MNI EXCLUSIVE: EU Access For City Of London.....>

EU
EU: /MNI EXCLUSIVE: EU Access For City Of London May Not Last
- The European Union is likely to grant most of the UK financial services
industry "equivalent" status at the end of the year for fear of otherwise
endangering market stability and pushing up European companies' financing costs,
but the EU could gradually reduce the City of London's access to the bloc if its
regulations begin to diverge, officials in Brussels told MNI.
- For full article see MainWire at 1045GMT.
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