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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.

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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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