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French regulators are trying to lure British finance firms to Paris after Brexit

Politics : Business Insider: Politix

France's financial regulators are offering to "simplify and speed up" the licensing process for British firms looking to move to France in the wake of the Brexit vote. Autorité de contrôle prudentiel et de résolution (ACPR), which m...

EU wants a ban on UK firms setting up Brexit shell companies

Business & Finance : Business Insider: Clusterstock

LONDON – UK-based firms seeking access to Europe's financial markets will face a tough assessment before they are allowed to set up on the continent, one of the European Union's top regulators said. European regulators must police n...

The Bank of England is reviewing more than 400 firms' Brexit plans and there are 'significant issues'

Business & Finance : Business Insider: Clusterstock

LONDON – The UK's top banking regulator warned that leaving the European Union without a transition deal could cause "significant issues" for banks and other firms. Sam Woods, CEO of the Bank of England's Prudential Regulation Autho...

The UK's top markets regulator puts £2.5 million towards a Brexit task force as 'uncertainties' grow

Business & Finance : Business Insider: Clusterstock

LONDON – The UK's top markets regulator said the lack of clarity around the Brexit negotiations will have knock-on effects for markets and uncertainty for firms and consumers. The Financial Conduct Authority, which oversees markets,...

French regulator: Banks are already preparing to open up in Paris post-Brexit

Business & Finance : Business Insider: Clusterstock

France's chief financial regulator said some international banks are already in the process of opening up new subsidiaries in Paris in the wake of Brexit. Big financial firms are carrying out the due diligence needed to shift some o...

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