EU's Mairead McGuinness Warns City of London ‘Change is Coming’

The transcript discusses the impact of Brexit on financial services, focusing on the timeline for reaching a memorandum of understanding between the UK and EU. It highlights the importance of regulatory cooperation and financial stability, noting the challenges posed by Brexit and the need for effective regulation. The discussion also covers market changes, such as the movement of derivatives trading to New York, and emphasizes the importance of maintaining a level playing field. The transcript concludes with a focus on the global financial context and the need for continued cooperation.

How does the speaker view the relationship between the EU and the UK post-Brexit?

What is the significance of the trade agreement mentioned in the text?

What concerns does the speaker express regarding the future of the UK's financial services?