Blog: Traders confess their ‘questionable’ Brexit workarounds – Financial News

Caught flat-footed by Brexit, traders and bankers in the City offered some shocking examples of workarounds to get deals over the line.

Because the UK government’s 11th-hour Brexit deal with the European Union was notably light on provisions for the nation’s massive financial services sector, “UK-based firms are effectively now operating under their no-deal/hard-Brexit scenarios,” said Tej Patel, partner and regulatory practice lead at London consultancy Capco.

In…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s