EC to UK clearing houses: pre-apply for hard Brexit

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EC to UK clearing houses: pre-apply for hard Brexit

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Brexit UK exit from EU negotiation process concept with Union Jack and European Union flag on a clock 3D illustration. | Niroworld/niroworld - stock.adobe.com

The European Commission, on Tuesday, told UK clearing houses and securities depositories to pre-apply to the European Securities and Markets Authority (ESMA) for recognition, should hard Brexit take place.

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