UK Gov't Aims To Bolster City's Fund Sector After Brexit

Law360, London (March 12, 2020, 6:25 PM GMT) -- Prime Minister Boris Johnson's government used Britain’s first budget since leaving the European Union to map out regulatory changes bolstering the competitiveness of its financial sector, including new rules making for easy access for foreign investment funds and a newly tailored capital adequacy regime.

The 2020 budget presented by Chancellor of the Exchequer Rishi Sunak Wednesday included an early blueprint for overhauling the country's financial regulation after leaving the European Union's regulatory framework at the end of the Brexit transition period in December. 

“What they’re looking at post-Brexit is what do we need to do to make sure that the U.K....

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