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FCA

UK stands pat on Brexit swaps trading as EU banks hurt
World

UK stands pat on Brexit swaps trading as EU banks hurt

  • The FCA decided in December it would allow UK market participants to trade derivatives on platforms in the bloc to avoid a rupture in EU business, even though the EU has banned EU market participants from using London platforms.
  • As flagged by Reuters earlier this month, the FCA has made no change to its stance.
Published 24 Mar, 2021 10:00pm
British banks told to pause branch closures
Business & Finance

British banks told to pause branch closures

  • Some banks and building societies have informed us that they are either going ahead with branch closures already announced, or announcing new branch closures during the current lockdown.
  • We are concerned that these activities could have significant consequences for customers.
Published 28 Jan, 2021 07:04pm
Fiat Chrysler restarts production at Serbia's plant: report
Business & Finance

Fiat Chrysler restarts production at Serbia's plant: report

  • Due to the effects of the coronavirus outbreak on markets, Fiat Chrysler halted production at its Italian plants and in Serbia and Poland on March 16.
  • Around 2,000 workers returned to production halls in the central Serbian city of Kragujevac a day earlier to prepare for the restart of manufacturing of the 500L model.
Published 07 Jul, 2020 06:23pm