The Bank of England (BoE) warned Brussels on Tuesday to move swiftly to shield financial markets from a “cliff-edge Brexit.”
Britain is set to leave the European Union at 11 p.m. London time on Friday, 29 March 2019. The financial sector is not ready, according to the BoE. Brussels needs to step up.
In its most stern report to date, the BoE raised concerns about insurance, derivatives and data-transfer.
“In the limited time remaining, it is not possible for companies on their own to mitigate ...

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