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Uk Watchdog Sees No Appetite From Banks To Rip Up Rules After Brexit - Latest News


UK watchdog sees no appetite from banks to rip up rules after Brexit

LONDON (Reuters) - Britain’s banks and insurers want to stick to global standards on financial regulation after Brexit and are not calling for a “race to the bottom” to win business from European riva... read more

EU urges UK to clarify its Brexit positions

“We have drawn up a list on what should be covered, we need to see what the UK approach is,” the official said. The EU’s chief negotiator also warned that any EU law that continues to be applied after ... read more

Bank of England says no need for tougher fintech regulation

The fast-emerging fintech sector is shaking up financial services and is forcing banks to make their ... to try to persuade UK fintech firms to relocate, saying they would be then guaranteed access to ... read more

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UK watchdog bans sale of bank CoCo bonds to mass retail market

Some $70 billion (52.35 billion pounds) of CoCos were issued between 2009 and 2013 with a fifth from UK banks, the FCA said. Total issuance is set to roughly double over the next five years or so. So ... read more


Overdraft charges set for ‘biggest shake-up in a generation’

The watchdog described the plans as the biggest shake-up ... after credit cards, it said, and the average overdraft debt was £1,523. StepChange head of policy Peter Tutton said: “We are extremely plea... read more

Trump’s best Supreme Court bet is to stick to his list

Presumably, as you read this, the White House is setting up its war room for the Supreme Court confirmation ... is hanging a sign for all to see: “It’s the list, stupid.” Over the next week, the White ... read more

UK watchdog sees no appetite from banks to rip up rules after Brexit

LONDON (Reuters) - Britain's banks and insurers want to stick to global standards on financial regulation after Brexit and are not calling for a "race to the bottom" to win business from European riva... read more

UK Watchdog Sees No Appetite From Banks to Rip up Rules After Brexit

LONDON (Reuters) - Britain's banks and insurers do not want their rulebooks dismantled after Brexit and the ability to ease regulation will depend on the country's future trade deal with Europe, Finan... read more

UK to create 'no-deal' Brexit minister

The UK is to create a new junior minister in charge of a no-deal Brexit, amid howls of concern by British businesses. British prime minister Theresa May is to unveil the new post as part of a cabinet ... read more



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