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EU causes no concern for UK regulatory standards, junior finance minister says

By Sofia Gerace ( May 20, 2024, 09:24 GMT | Insight) -- The European Union is a key capital markets partner for the UK and will never pose any concern in terms of regulatory standards, according to the junior finance minister. Bim Afolami's remarks come as the UK and the EU are set to meet at a bilateral regulatory forum taking place in Brussels, where government officials are expected to discuss key regulatory updates for financial services in both jurisdictions.The European Union is a key capital markets partner for the UK and will never pose any concern in terms of regulatory standards, according to the junior finance minister....

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