• The City of London has gained a powerful ally in the fight to keep a key business in the UK post-Brexit

    2 monthes ago - By Chron

    REUTERS / Hannibal Hanschke / File Photo
    Germany's financial regulator BaFin has sided with the Bank of England and demanded that Brussels take action to prevent mayhem in the derivatives markets post-Brexit.
    The move shows an alignment with the BoE which has warned that $67 trillion of interest rate swaps and other derivatives could be in trouble if no political support is given to the banks.
    The EU Commission has so far expressed the view that financial regulation post-Brexit is for the banks and other financial companies to sort out.
    Read more ...

     

  • The City of London has gained a powerful ally in the fight to keep a key business in the UK post-Brexit

    The City of London has gained a powerful ally in the fight to keep a key business in the UK post-Brexit

    2 monthes ago - By Business Insider

    Germany's financial regulator BaFin has sided with the Bank of England and demanded that Brussels take action to prevent mayhem in the derivatives markets post-Brexit.
    The move shows an alignment with the BoE which has warned that $67 trillion of interest rate swaps and other derivatives could be in trouble if no political support is given to the banks.
    The EU Commission has so far expressed the view that financial regulation post-Brexit is for the banks and other financial companies to sort out.
    "It is almost impossible to fix that problem exclusively just by one side of the stakeholders...
    Read more ...

     

  • The City of London has gained a powerful ally in the fight to keep a key business in the UK post-Brexit

    The City of London has gained a powerful ally in the fight to keep a key business in the UK post-Brexit

    2 monthes ago - By Business Insider

    Germany's financial regulator BaFin has sided with the Bank of England and demanded that Brussels take action to prevent mayhem in the derivatives markets post-Brexit.
    The move shows an alignment with the BoE which has warned that $67 trillion of interest rate swaps and other derivatives could be in trouble if no political support is given to the banks.
    The EU Commission has so far expressed the view that financial regulation post-Brexit is for the banks and other financial companies to sort out.
    "It is almost impossible to fix that problem exclusively just by one side of the stakeholders...
    Read more ...