June 16, 2017 BY Valentina Kirilova

UK will be like Switzerland post Brexit, with no MiFID passport rights

U.K. financial services firms will definitely not be able to carry on business as normal within the European Union (EU) after it leaves the bloc, according to Luc Frieden, who has held several portfolios within the Luxembourg cabinet over the past few decades. In an interview for CNBC on Friday in Luxembourg, Luc Frieden commented:…

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