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UK to ease financial regulations in post-Brexit shakeup

December 9, 2022

Via: ABC News

Britain is easing banking rules brought in after the 2008 global financial crisis in a bid to attract investment and secure London’s status as Europe’s leading finance center.

Treasury chief Jeremy Hunt said Friday that the changes, which follow Britain’s departure from the European Union in 2020, will make the U.K. “one of the most open, dynamic and competitive financial services hubs in the world.”

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