The UK government has been criticised by City executives for failing to publish a long-expected paper on financial services' position on Brexit, which has been postponed indefinitely.
The paper, which City figures said was promised to them in Autumn 2017, is intended to set out the UK's negotiating position and trade goals for financial services after leaving the EU. Delivery of the paper has been delayed repeatedly and ministers are now considering not publishing it at all, according to the FT. FCA anticipates passporting will continue after point of Brexit The government is understood to be unable to agree a detailed position on financial services, with some officials reluctant to show Brussels their negotiating hand. Refusing to commit to publish the paper...
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