Draft Brexit Deal Ends Britain's Easy Access to EU Financial Markets

The United Kingdom and the European Union have agreed on a deal that will give London's vast financial center only a basic level of access to the bloc's markets after Brexit.  The agreement will be based on the EU's existing system of financial market access known as equivalence — a watered-down relationship that officials in Brussels have said all along is the best arrangement that Britain can expect.  The EU grants equivalence to many countries and has so far...

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