U.S. and UK form regulatory Working Group to boost stability
Reuters
Published Apr 19, 2018 02:29PM ET
U.S. and UK form regulatory Working Group to boost stability
LONDON (Reuters) - Britain and the United States said on Thursday they would form a Financial Regulatory Working Group to promote financial stability and efficient markets as the UK leaves the European Union.
In a joint statement, the two countries said the working group would be a forum for the two treasury departments and staff at regulatory authorities to exchange views on the future relationship.
Both sides said the working group would meet twice a year, with additional technical meetings and calls when needed.
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Written By: Reuters
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