Brexit has now become a reality, but the agreement that was signed at the end of last year contains almost no references to financial services. Regardless, financial services has moved on and is settling into the new reality.
The complementarity between Luxembourg and UK financial services that has worked well in the past is critical to the future, according to Pierre Gramegna, Luxembourg’s Minister of Finance, who delivered the opening remarks. He stressed the importance of not using Brexit as a way to set up a “fortress Europe”, but rather that it should be a call to ensure Europe prospers and remains attractive for international players.
Miles Celic, CEO of the CityUK, provided the view from London, addressing the audience on “What is the UK doing...
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