March 2nd, UK Prime Minister Theresa May decided not to keep financial passporting with the European Union.

We're not looking for passporting because we understand that it is intrinsic to the single market, which we would no longer be a member of. It would also require us to be subject to a single rulebook over which we would have no say." Theresa May UK Prime Minister

She didn't give any hints on future arrangements on financial services.

It will be settled by the chancellor next week.


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