Brexit

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New York keeps top spot in GFCI 25

New York has retained its first place in the 25th Global Financial Centres Index (GFCI 25), just seven points ahead of London.

Brexit does little to dent investor enthusiasm for UK infrastructure

Despite the considerable drama of Brexit, the UK’s political turmoil has barely impacted it as the top investment destination status for infrastructure investors

Political uncertainty, Brexit jitters and eurozone growth slowdown slams market sentiment

EU financial markets are increasingly nervous, according to the European Securities and Markets Authority (Esma).

UK and US work together to ensure smooth derivatives markets after Brexit

UK and US authorities are taking measures to ensure the UK’s withdrawal from the EU, no matter what form it takes, will not create regulatory uncertainty for derivatives market activity between the UK and US.

Esma puts emphasis on IT and security in 2019 work programme

Data quality and access by authorities, IT process and system reliability are among the top priorities for the European Securities and Markets Authority’s 2019 supervision work programme.

Esma approves third country recognition for three UK CCPs in case of no deal Brexit

Three central counterparties (CCPs) in the UK — LCH, ICE Clear Europe and LME Clear — will be recognised by EU in case of no deal Brexit.

Luxembourg takes steps to prepare financial services for no deal Brexit

Luxembourg has introduced a Bill n measures to be taken in relation to the financial services sector in case of the UK's withdrawal from the EU without a formal agreement.

EU regulators see potential risks from a variety of areas for EU financial markets

There are substantial risks for EU financial markets coming from Brexit, asset repricing and cyber-attacks, warned EU financial regulators.