Financial Regulators On Watch As Brexit Fallout Builds, Law 360

There are still questions about market rules that could pose bigger issues, and banks have already discussed moving staff to cities in EU member states, like Dublin, Ireland, and Frankfurt, Germany.

And that could raise operational issues at banks that regulators will keep their eyes on, said Mayra Rodriguez Valladares, the principal at consulting firm MRV Associates.

“This is going to be a long, drawn-out battle,” she said.

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