U.K. and EU Reach First Post-Brexit Deal on Financial Rules

Move could help U.K. financial firms to win back access to EU
Agreement still has to go through formal validation process

A pedestrian passes skyscrapers in the City of London.
Photographer: Jason Alden/Bloomberg

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By Alberto Nardelli and Ian Wishart

March 26, 2021 at 3:00 PM UTC

Updated on

March 27, 2021 at 6:40 AM UTC

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Britain and the European Union took their first step since Brexit to cooperate on financial services, agreeing on a new forum to discuss market regulation.