Talks between European and UK officials on the post-Brexit framework for financial services are expected include an agreement for regulators on both sides to meet regularly to discuss future rule-making and share information, according to people with knowledge of the talks.

An outline of the agreement, seen by Financial News, includes a commitment to conduct "informal consultations concerning decisions to adopt, suspend, or withdraw equivalence" — the EU regulators’ process for granting market access to UK firms if the country’s financial rules are deemed similar to its own.