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Old 12-05-2017, 14:26   #1640
heero_yuy
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Re: Brexit: Article 50 Has Been Triggered !

Quote:
AMERICA has threatened a financial trade war with the EU over its plans to cripple Brexit Britain by forcing lucrative key City business to the continent.

In remarks that will delight No10, a US lawmaker said moves by Brussels to insist euro clearing takes place within the bloc would “undoubtedly inform the evolution of US regulatory policy”.

The EU revealed earlier this month it was considering a location policy for the $1 trillion market in light of Britain’s departure in a move that could hit firms in London.

Christopher Giancarlo, acting chair of the US Commodity and Futures Trading Commission, said the EU should proceed with “care”.

And he said: “To date, the US has not deemed a body of water – even as large as the Atlantic Ocean – as an impediment to effective clearing house supervision and examination.”
Source

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