Michel Barnier has spoken of the importance of the UK to the EU. He noted the importance of the single market in financial services to the UK economy and said it would be wrong to pursue repatriation of financial services regulation. He noted the importance of a joined-up approach, evidenced by the EU's agreement with the CFTC. He said being part of the EU could not be "pick and mix" and that, while he welcomed the opportunity for debate, being in the EU is the UK's best option. (Source: Commission Wants UK on Board)