The European Commissioner for Financial Services, Mairead McGuinness, said on Tuesday 16 March that she was “confident” that the European Union and the United Kingdom would finalise “a cooperation framework” on financial services before the end of March, in accordance with the specific joint declaration attached to the bilateral cooperation agreement signed at the end of 2020 (see EUROPE B12632A9).
This agreement is intended to act as an informal mechanism for future negotiations in...