EU single market News

‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market

A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern, Lloyd’s chief risk officer and general counsel. …

EU’s Justice Chief Reding Warns UK Exit Would Isolate City of London

London’s financial services center would lose access to the wider European Union should Britain quit the bloc, the EU’s justice chief said on Monday, warning that such a move would reduce its status to that of an offshore center. Viviane …