Britain refuses to align financial industry regulations with the EU, deepening divisions in UK-EU relations
2026-11-11 02:10:39
According to CoinMeta, the government of British Prime Minister Andy Burnham refuses to adopt dynamic regulatory alignment with the European Union in the financial services sector, meaning it will not automatically follow the EU's updates to relevant regulations, and has listed this as a red line in UK-EU negotiations. The British government hopes to strengthen cooperation with the EU in areas such as agriculture and energy, but insists on maintaining the regulatory autonomy of the City of London. This stance continues the policy of the previous Prime Minister, Boris Johnson's government. UK financial industry groups believe that regulatory autonomy after Brexit will allow the UK to flexibly adjust rules according to its domestic market conditions, especially in areas such as digital assets, artificial intelligence, and ESG disclosure. However, if the UK wishes to rejoin the EU or enter the single market in the future, it may still need to comply with EU financial regulatory rules, highlighting the contradiction between deepening its relations with Europe and maintaining regulatory independence.
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Source:Jin10 Data
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