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Over 100 London investment firms get EU licences for Brexit hubs - regulator
sset managers, trading platforms and investment firms in London have so far obtained licences to run new hubs in the European Union
Licences are granted by national regulators but the European Securities and Markets Authority (ESMA) ensures they don't offer sweeteners to UK-based firms that want a base to serve EU clients after Britain leaves the bloc, currently scheduled for Oct. 31.
ESMA, national regulators and Britain's [FCA] have already signed cooperation agreements in the event of a no-deal Brexit, he added.

PART V, Financial Provisions

Diversity is the key to economic and political evolution.

by Cat on Thu Sep 5th, 2019 at 10:26:03 PM EST
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