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Commenting on the UK-EU Brexit trade deal, Chris Cummings, CEO of the Investment Association, said:
Given the economic impact of the coronavirus, it is essential that governments focus on growth orientated policies that support a swift recovery. The investment management industry has a central role in helping to turn the savings of millions of people into investments that companies now urgently need. The best way to unleash this potential is for the EU to recognise the UK's regulatory regime as being equivalent to its own and minimise any further disruption in the market."