UK mitigates ‘most’ risks for post-Brexit financial services but some gaps for EU clients

The UK’s financial services industry has mitigated most Brexit risks for continuing cross-border business, even if the UK and EU fail to reach agreement over the future of financial services once the transition period expires at the end of 2020, said the Bank of England’s Financial Policy Committee (FPC). However, it warned that “some disruption” remains a possibility for EU-based…

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