Brexit opens opportunity for EU’s capital markets union – research

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Brexit could open an opportunity for the European Union to complete its capital markets union, says research published by the Bank of Spain.

In Brexit: Uncertainties and challenges in the financial sector, Paloma Marín Bona, Susana Moreno Sánchez and María García Lecuona analyse the possibilities Brussels and London have to reshape their financial links after Brexit.

The authors stress the current third-country regimes and equivalence regime are not effective at managing relations with a

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