Michel Barnier: “There are many Farage's in Europe who want to destroy us. No way, no way.”

If the CFTC also gives effective equivalence to third-country clearinghouses, deferring to strong and rigorous rules and jurisdiction such as the EU, we will be able to adopt equivalence decisions very soon. In other words, we will treat…

We are in a much more dangerous, unstable, fragile world, and we need to keep our assets and keep our unity.

There is no aggression, no spirit of revenge with the UK, but the UK must understand that it will not be possible to unravel or to fragilise the single market.

It is not acceptable that U.S. rules have such a wide effect on other nations and foreign capital markets without any international coordination.