Reuters exclusively reported that European Union regulators are considering tougher scrutiny of foreign bank branches in the bloc whose ranks have been swelled by Brexit to create “negative risks.” It is the latest sign of how the departure of Britain, Europe’s biggest financial center, from the EU is causing a rethink in Brussels of how to regulate the sector.
Business & Finance
Reuters exclusively reports EU eyes crackdown on risks from foreign bank branches
21 May 2021, 2:00 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story