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11/24/2020, 11:28 AM (Source: TeleTrader)
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UK will remain leader for asset management - Sunak

The United Kingdom will remain a global leader for asset management after the post-Brexit transition period ends, British Chancellor of the Exchequer said on Tuesday.

Earlier this month, the chancellor stated Britain would unilaterally set the regulations of its market for the European Union's firms and added, "I think it is time for us to move forward as a country and do what's right for the UK."

More recently, Sunak noted "genuine progress" in the negotiations between London and Brussels. The post-Brexit transition period is scheduled to end on December 31.

Breaking the News / JR