Carney and Draghi to tackle Brexit risks in new group

Mark Carney and Mario Draghi
Mario Draghi (left) and Mark Carney at the IMF meetings
IMF/Yuri Gripas

Mark Carney and Mario Draghi are to head a new working group tasked with managing the risks to financial services from Brexit.

The UK Treasury and European Commission asked the two central bankers to convene a “technical working group”, bringing together the Bank of England and European Central Bank to investigate risk management. The focus will be the period around March 30, 2019, the first day in which the UK will have officially departed the European Union.

The Commission and Treasury will

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