Britain To Maintain High Banking Standards After Brexit, Says BoE

LONDON: Britain will maintain financial standards that are above what is required by international rules as it readies to end compliance with European Union laws, Bank of England Deputy Governor Sam Woods said on Wednesday.

Britain left the EU in January and transition arrangements under which it still complies with the bloc’s rules end on Dec. 31.


“We have been very clear that we will maintain high standards through Brexit, and at least as high as we have now and above those that pertain internationally,” Woods told an in-house BoE interview on research.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor


Speak Your Mind

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get in Touch

350FansLike
100FollowersFollow
281FollowersFollow
150FollowersFollow

Recommend for You

Oh hi there 👋
It’s nice to meet you.

Subscribe and receive our weekly newsletter packed with awesome articles that really matters to you!

We don’t spam! Read our privacy policy for more info.

You might also like

Trump Tells Voters To Change Their Votes—But Only A...

Topline President Trump again suggested Tuesday that voters who already cast their ballots for...

What Not To Wear For An Online Interview

Getty You should approach a video interview exactly...

It’s the Strangest Thanksgiving Ever for Businesses Trying to...

Joe Gilbert built the longhouse himself: two stories of red wooden slats and slate-grey...

A Preview Of The Britely, The Most Beautifully Designed...

The Britely is newest social club on the Sunset...