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UK, US officials meet to discuss financial stability impacts of Covid-19

( October 22, 2020, 18:14 GMT | Official Statement) -- MLex Summary: Officials from US and UK Treasuries and regulatory agencies virtually held the third meeting, and first since the UK left the EU, of the UK-US Financial Regulatory Working Group on Oct. 20. Participants discussed the economic response to, and potential financial stability impacts of the Covid-19 crisis. They also discussed the outlook for financial regulatory reforms and future priorities, including possible areas for deeper bilateral and multilateral regulatory cooperation to further facilitate safe and efficient financial services activity between US and UK markets, and provided updates on certain aspects of their respective domestic frameworks.Statement follows below:...

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