• Bank of England's Financial Policy Committee sees substantial risk of Brexit disruption to cross-border clearing activity

Noticias del mercado

3 octubre 2017

Bank of England's Financial Policy Committee sees substantial risk of Brexit disruption to cross-border clearing activity

  • FPC sees slightly higher risk than previously thought of Brexit disruption to wholesale UK banking services

  • Prudential regulation authority engaging with EU banks about contingency planning for bank branches in UK

  • EU bank branches account for one tenth of lending to UK companies

  • FPC view in march 2017 was that reliance on Libor as benchmark created financial stability risk

Enfoque del mercado
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