Director of @RSMErasmus Platform for Sustainable Value Creation | PhD (Leiden & Erasmus) | Alum @Yale (Lecturer & Postdoc '23) | Sustainable finance & the law
Dec 26, 2020 • 8 tweets • 4 min read
Sadly for the @cityoflondon, the future EU-UK Cooperation and Trade Agreement's provisions on financial services fares very poorly, even in comparison to the CETA or the Japan-EU FTA. [short thread /1]
Requirements are very limited. Both parties abide by international standards. Financial services seem concerned by national treatment and MFN clauses, but no more. Access to public clearing and settlement. A classic prudential carve-out... and that's it! /2