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Brexit

Don’t hold out for a dual funds regime after Brexit

Maintaining access to the EU and offering a more attractive regulatory regime would certainly be popular, but there's not much in it for the EU

In parallel: The New City Initiative is proposing that the UK operate a dual system of regulatory regimes
In parallel: The New City Initiative is proposing that the UK operate a dual system of regulatory regimes Photo: Getty Images

Brexit would seem to present the UK with a stark choice when it comes to financial regulation.

Would it be better to stick with Brussels regulation to ensure the best possible continued access to European Union markets? Or should the UK take the opportunity to reshape the regulatory regime to tailor it better to the City’s needs?

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