EU’s Mairead McGuinness Warns City of London ‘Change is Coming’

Jan.22 — Mairead McGuinness, European commissioner for financial services, that the EU doesn’t have a fixed timeline for reaching a decision on financial services and emphasized that Brexit would inevitably hinder access to the bloc. “ She also warned the U.K. against pursuing light-touch regulation and said the EU wouldn’t seek a resolution ”beyond bounds of possibility”. Mairead McGuinness spoke to Bloomberg’s Anna Edwards and Maria Tadeo on “Bloomberg Markets: European Open.”

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