EU News
A ‘Cliff-Edge’ Brexit Will Lead to UK/EU Banking Regulatory Team Up
The Bank of England and European Central Bank will create a task force to keep markets orderly in the event of a "cliff edge" Brexit next March. The European Commission and Britain's finance ministry ...
AIG Solidifies Its Post-Brexit Strategy
American International Group has solidified its post-Brexit strategy for Europe, with plans to establish two separate corporate entities to give clients greater certainty about the continuity of ...
More Than 60 Insurers in Gibraltar Could Bypass Brexit Through Spain
A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year. Juan Franco of La Linea ...
EU Urges Financial Firms to Plan for Brexit Now Despite Transition Deal
European Union regulators urged banks, investors and customers on Thursday to take "timely action" to avoid disruption to cross-border derivatives and insurance contracts caused by Brexit. Britain ...
Britain’s Financial Watchdog Calls for EU Brexit Coordination
Britain's financial watchdog called on Monday for immediate coordination with European Union counterparts to ensure that Brexit is as smooth and stable as possible for markets. The Financial Conduct ...
Insurers, Banks Full Speed Ahead on Brexit Moves Despite Transition Deal
London-based banks and other financial firms won't put their Brexit moves on hold despite a transition deal between Britain and the European Union as it lacks full legal certainty, industry officials ...
Lawmakers Recommend Longer Brexit Process If Delays Would Help
Britain should consider a limited extension to its exit process from the European Union if needed to ensure details of its future relationship with the bloc are agreed, a committee of lawmakers said ...
Many Financial Firms Remain Unprepared for Brexit, Irish Regulator Warns
Irish Central Bank Deputy Governor Ed Sibley warned that many financial firms remain unprepared for Britain's exit from the European Union as the two sides remain at odds on their future ...