No
It was mentioned the Eu would not want passporting rights to continue in a non member state.
The EU risks giving itself a huge headache if it tries to fragment the London financial market, for a number of reasons.
Barclays Chairman John McFarlane told Reuters that a bad trade deal between Britain and the EU risks harming the international economy, and that some banks may decide to abandon some lines of business altogether because they will be too expensive.
“Brexit will put a spotlight on the economic attractiveness of activities you are moving,” he said. “Everybody will say, ‘If you move, is it worth it financially?’”
Bankers say a number of areas are likely to be affected when Britain leaves the EU. The first is Europe’s ability to sell sovereign debt. At present, when a country, say Portugal or Greece, needs to sell debt to keep its hospitals or schools running, it will tap the bond markets, arranged by banks primarily in London. London-based firms are currently responsible for trading about 70 percent of sovereign debt in Europe, according to bankers.
But some banks are already withdrawing from arranging the bond sales because it is unprofitable. In the first quarter of the year five banks stopped being primary dealers in various European country bonds.
The chief executive of one of Britain’s largest banks and one of the largest underwriters of European sovereign debt told Reuters the European Central Bank called him asking him not to abandon selling European debt because of Brexit. “They (EU countries) cannot be shut out from London's capital markets,” he said. “It’s suicide.”
Britain has the largest foreign exchange market and the second largest derivatives market in the world, accounting for just under 40 percent of the world’s dealings in those markets, while Paris, London’s nearest EU rival, handles under 5 percent, according to the Bank for International Settlements
Each year, euro, yen and dollar trades worth about a combined $869 trillion happen in London - more than in all the euro zone countries combined - according to the City of London Corporation.