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UK Lawmakers Eye Post-Brexit Passporting

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UK Lawmakers Eye Post-Brexit Passporting

UK Lawmakers Eye Post-Brexit Passporting

According to Business Insider, UK lawmakers are eyeing post-Brexit passporting beyond Europe.

The chair of the Commons Treasury select committee, Nicky Morgan, said that financial service firms should be able to strike passporting agreements with countries outside Europe post Brexit.

Passporting allows UK financial services firms to exercise their right to do business within Europe without the need for additional authorization โ€” which is expected to end with Brexit.

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