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A comment on HSBC CEO Says Bankers Generating 20% of London Revenue May Move. Parent comment

Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by icebraining on Wednesday January 18, 2017 @11:43AM (#13427713)
But did the EU change the way it decides what 'equivalence' means after Brexit? Or was it always a black box?
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Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by zigzigzag on Thursday January 19, 2017 @11:31AM (#13437043)
It has never been defined. It is a purely political decision, which is why everyone is acting as if it doesn't exist: the EU will never follow the spirit of its own laws if there is perceived political advantage to not doing so.
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