“There is not going to be any new London in the EU 27. History happened in a certain way. You can’t just lift institutions and drop then somewhere else,” Philip Lane, the head of the Irish central bank at an event in London. “You may well have this fragmented but integrated financial system so location…
Tag: The City
The City moves to Ireland?
Many of British-based financial services firms have already decided to relocate at least part of their operations to Ireland, and others are expected to follow in the first half of this year, Ireland’s minister for the sector said this week. Speaking at an event hosted by the London Irish Business Society, Eoghan Murphy said Britain’s…
Barnier argues with Guardian
The interpretation of the newspaper ‘The Guardian’ was denied by the chief negotiator for Brexit of the European Commission Michel Barnier personally via Twitter: https://twitter.com/MichelBarnier/status/820212151138840576 Barnier tweeted: “When asked on equivalence I said: EU would need special vigilance on financial stability risk, not special deal to access the City.” Additionally the EU spokesman said the…
EUROPE DIPLOMATIC 