As if Brexit could get any more political. Political interference in rule-making could risk damaging the financial sector’s post-Brexit future, according to Chris Woolard, the former interim chief of the UK’s markets watchdog and one of the most influential names in UK financial regulation.

As policymakers in the UK and EU seek to rethink their financial rulebooks following Brexit, the potential for politicisation of regulation is a concern, he told Financial News in his first interview since stepping down as interim chief executive of the UK’s Financial Conduct Authority in late 2020.