Lobbyists in the City with knowledge of the talks are sceptical — calling such a model the ‘lowest possible version’ of a future UK-EU framework

Talks between European and UK officials on the post-Brexit framework for financial services are expected to conclude with an agreement for regulators on both sides to meet regularly to discuss future rule-making and share information, according to people with knowledge of the talks.

The two sides are expected to agree to terms for future financial services interaction between the European Union and UK markets based on an existing framework between the EU and the US, one person familiar with the matter said.

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Source: Penews