Bank of England worries about UK-EU relationship post-Brexit
Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England, this week outlined the risks the UK will face once it breaks from the European Union. Foremost is the uncertainty of the relationship after the divorce.
As the UK prepares to leave the EU, the Bank of England has put the wheels in motion to ensure the banking system can withstand a transition out of the market regulated by the EU.Cunliffe outlined the risks of disruption in the UK financial services industry in ...
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