CEO says euro clearer in needed in EU after Brexit.
CEO says euro clearer in needed in EU after Brexit.
Equivalence process does not offer sufficient certainty after Brexit.
UK firms will lose EU authorisations in March 2019.
Is Eurex gaining market share from LCH?
A well-defined Brexit transition period is needed by the end of March.
Rules can be better tailored, but there are concerns about access to talent and funding.
Equivalence will not be a reliable long-term framework for financial services.
The city's expertise and capital will be there regardless of whether the U.K. is in the 'Single Market'.
Transitional arrangements should be reached as soon as possible.
