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That's nonsense - As the UK has left the EU, the laws and banking regulations that banks in the UK follow will be written in the UK and not by the EBA, but they
by helsinkiandrew 5y ago
That's nonsense - As the UK has left the EU, the laws and banking regulations that banks in the UK follow will be written in the UK and not by the EBA, but they will be consistent (following global agreements). Most of the banks operating in the City of London are European or American anyway and will also be following EBA and Fed reporting rules.
- lou1306 5y ago> Most of the banks operating in the City of London are European or American anyway HSBC is neither, and is the second-biggest bank in Europe. Just to name an example. (I guess by "European" you mean "EU-based")