The European Union (EU) announced on Tuesday that they have reached a deal with the United Kingdom (UK) over financial services post-Brexit. The agreement will ensure continued access for UK-based financial firms to the EU market after the transition period ends on December 31st. This is a significant development as the financial services industry is a key sector for both the UK and the EU economies. The deal includes provisions for regulatory cooperation and a framework for future equivalence decisions. Both sides have expressed satisfaction with the agreement, which will provide certainty and stability for businesses in the financial services sector moving forward.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
