ECB backs EU plan to end “blind spots” over foreign banks

Capt. John

The European Central bank backed on Thursday European Union proposals to toughen scrutiny of foreign lenders in the bloc, which has become a thorny issue since Brexit. Lenders from the United States, Switzerland and Britain, now outside the EU, fear the proposals will force them to set up a costly...

https://www.hellenicshippingnews.com/ecb-backs-eu-plan-to-end-blind-spots-over-foreign-banks/

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