March 7, 2018 / 11:18 AM / 8 months ago

EU to propose limited market access for British-based banks - Bloomberg

LONDON, March 7 (Reuters) - The European Union plans to offer British-based financial services companies only limited access to the Single Market after Brexit, according to a draft document quoted by Bloomberg.

The EU would start working towards an arrangement for Britain that was similar to its trade deal with Canada, the draft guidelines said, according to Bloomberg. (Reporting by Kate Holton and Andrew MacAskill; editing by Guy Faulconbridge)

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