UK’s Prime Minister Defends Decision to Reject EU “Passporting” for Insurers, Banks

Passporting rules allow EU finance companies to sell their services across the 28-member bloc with a local license, rather than getting a license to operate in each member country where it does business.  Reuters’ William James reports via Insurance Journal.

https://www.insurancejournal.com/news/international/2018/03/05/482334.htm