Brexit weakens EU's non-euro members
Their preference to stay outside the direct jurisdiction of the ECB is made more difficult now that they've lost a heavyweight
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Copenhagen
BRITAIN'S decision to leave the European Union will weaken the ability of the remaining non-euro members to shape financial regulation, according to Denmark's bank watchdog.
"We've lost a heavyweight in our camp," said Jesper Berg, director general of the Financial Supervisory Authority in Copenhagen. "They've always provided intellectual leadership, and they have close contact with a huge financial market, which helps them provide that leadership. That will be something that we'll miss."
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