EU central bankers urge UK to stay close on regulation
Klaas Knot and Luis de Guindos warn UK could lose out, but Mark Carney says UK needs autonomy
European Union central bankers have called on the UK to keep its financial regulation aligned with the bloc after Brexit, warning UK firms could suffer if the two systems diverge.
The comments came as Bank of England governor Mark Carney said the UK would be better off with a degree of regulatory autonomy after Brexit.
Speaking at a conference on “forging a new future” post-Brexit, both Klaas Knot, the Dutch central bank governor, and Luis de Guindos, the European Central Bank vice-president
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