The Business Times
business-time-50

EU bent on knocking London off top spot as financial activity hub

Already, 7b euros in dealings in European equities have migrated from London to the continent daily this month

Published Wed, Jan 27, 2021 · 09:50 PM

    London

    THE European Union (EU) is determined to wrest control of euro, European securities and derivatives trade from London, with the British capital already experiencing some leakages.

    EU Financial Services commissioner Mairead McGuinness has said that Brussels will not grant Britain's financial firms access to the bloc before assessing the risks to financial stability.

    European UnionEuro

    TRENDING NOW

    Related issues that LTA is also seeking feedback on are over COE renewals and Category E.

    LTA proposes combining car COE categories, adding rebate-surcharge system

    StarHub says the acquisition will allow greater scale to be directed towards sustained network investment, service innovation and customer experience. 

    StarHub to acquire MyRepublic’s mobile business amid ongoing telco consolidation

    All three local banks ended lower, with OCBC declining 4.3% or S$1.30 to S$29.

    DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More