[ad_1]
British banks would have less easy access to the European Union. According to insiders, this is part of the design of the Brexit agreement that was approved by the British government on Wednesday
According to the terms of the agreement, the Brussels authorities have the power to restrict the Access of British financial institutions to the European Union. block the market. This happens when the playing conditions are uneven.
According to the experts, such regulation can have a considerable impact on UK financial institutions. Although higher thresholds have already been taken into account,
it is not yet clear whether British Prime Minister Theresa May can count on sufficient parliamentary support for the agreement. British media reports that members of the Brexiteers dissatisfied within the party are considering an internal uprising against its leaders.
In May, Wednesday, the British government announced that its government supports the interim agreement on Brexit. The document indicates that the UK may request a postponement of the transitional period by 1 July 2020 and that the border between Ireland and Northern Ireland is avoided.
Source link
