LONDON, Nov 17 (Reuters) - Diverging from the European Union’s securities rules would be the “exception” rather than the rule, a senior Financial Conduct Authority official told lawmakers on Tuesday.
“Areas where we would diverge are the exception rather than the rule,” Edwin Schooling Latter, FCA executive director for wholesale markets, told a parliamentary committee.
Britain left the EU in January and full access to the bloc’s single market for UK financial firms ends on Dec. 31.
Reporting by Huw Jones; Editing by Catherine Evans
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