Lautenschläger warns UK over response to Brexit

lautenschlaeger-sabine
Sabine Lautenschläger

One of the European Central Bank's senior regulators warned British financial authorities and institutions against a "race to the bottom" in how financial services are regulated and taxed after Brexit.

Sabine Lautenschläger, vice-chair of the ECB's supervisory board, cautioned that British banks would have to locate significant parts of their business in the eurozone to trade with the currency area. She also struck a note of caution on the possibility of the UK continuing to clear the majority

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: