good morning and welcome to the programme. it is eight a.m. in singapore, one a.m. in london and two a.m. in brussels where a hand delivered letter from the british ambassador has made history. theresa may has formally announced the intention of britain to leave the intention of britain to leave the eu, a process that will end quarter decades of membership. both sides now have it nine years of complex and difficult negotiations to work out what life will be like after the divorce. some moments make us. this is one. the minute in westminster, belfast, edinburgh and cardiff that the united kingdom formally changed course. the article 50 process is now underway and in accordance with the wishes of the british people, the united kingdom is leaving the european union. this is an historic moment from which there can be no turning back. probably our last ambassador inside the european union handing over the letter at 12:25pm. the document that says we are on oui’ way out. theresa
a multilateral MoU with EU and EEA NCAs covering supervisory cooperation, enforcement and information exchange between UK and EU/EEA national supervisors in the field of insurance regulation and supervision;
an MoU with the European Insurance and Occupational Pensions Authority (EIOPA) covering information exchange and mutual assistance between the UK authorities and EIOPA in the field of insurance regulation and supervision;
an MoU with the European Banking Authority (EBA) covering information exchange and mutual assistance between the UK authorities and the EBA in the field of banking; and
individual MoUs with EU and EEA NCAs covering supervisory cooperation and information-sharing arrangements in the field of banking. These can be found on the PRA website.
A boost because of the events of today and the last few days today the german government for example announced that it has introduced legislation which will allow british banks to continue to do business here in germany even after twenty nights those are the so-called passport rights which are to be extended until the end of twenty twenty rolls royce the large engine make an ounce that it is talking to the european safety aviation agency over shifting design approval here to germany not something. really wants to do but something it has to do if it wants to stay in business here in europe so still lots of planning there for a new deal with trolls. and they re forced into in frankfurt thank you very much. a canadian court has granted bail to the chief financial officer of the chinese telecom giant while way jodelle waits a hearing for extradition to the u.s.
A no do break that and those preparations have got a bit of a boost because of the events of today and the last few days today the german government for example announced that it has introduced legislation which will allow british banks to continue to do business here in germany even after march twenty ninth those are the so-called passport rights which are to be extended until the end of twenty twenty rolls royce the large engine maker and now is that it is talking to the european safety aviation agency over shifting design approval here to germany not something was freud s really wants to do but something it has to do if it wants to stay in business here in europe. that was caught in frankfurt on to another topic that is keeping markets on education indian court has granted bail to the chief financial officer of chinese telecom giant weiwei main one chole the