Financial Sector Support for US-UK Regulatory Cooperation

How the U.S. and Britain Can Build on Private-Sector Support for an Ambitious U.S.–U.K. Free Trade Agreement, Heritage Foundation Issue Brief #6017, October 26, 2020. "The establishment business organizations in Britain, which represent a small but visible minority of large firms, prefer the status quo, and have therefore for too long failed to realize the opportunities that Brexit offers. But an alliance of major British and American business organizations in the financial sector recently broke this pattern by announcing their support for deep and broad financial regulatory cooperation between the U.S. and the U.K. within the context of a U.S.–U.K. free trade agreement. The U.S. and Britain must take advantage of this constructive initiative and build on it as they negotiate an ambitious U.S.–U.K. free trade area."