EU permissions regimes could reduce no-deal risks
Isda AGM: UK firms could still trade with EU clients on exit, but solutions are complex and temporary
Read all our coverage from the Isda AGM here.
The patchwork of new European permissions regimes could reduce the risk that UK-based entities will be unable to trade with EU clients on day one of a no-deal Brexit, but it is not a long-term solution, regulatory experts say.
“Most EU member states have now put in place some kind of temporary permissions regime, which makes it increasingly possible to carry on trading at least for a limited period of time through UK entities in Europe,” said
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