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Britain reviews core banking rules in light of Brexit

Tue, 20th Apr 2021 07:03

LONDON, April 20 (Reuters) - Britain on Tuesday launched an
independent review of capital and proprietary trading rules that
were introduced following the global financial crisis more than
a decade ago.

"Over the last decade, UK banks have seen significant
changes to the environment in which they operate, including the
fallout from the COVID-19 pandemic, the UK’s exit from the EU,
and wider changes in the UK financial sector," the independent
review said in a statement.

(Reporting by Huw Jones; editing by Jason Neely)

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