Brexit Headlines

Trade body urges EU to scrap changes to supervision of funds

A major revamp of how investment funds are managed and regulated in Europe appears to be aimed at taking business from Britain and should be scrapped because there is no evidence it is needed, leading international trade body ICI Global said.

French regulator asks UK funds about Brexit plans

France's financial markets regulator said on Thursday it had written to British-based investment firms active in the country and French firms with UK clients to ask about their preparations for Brexit.

Hopes of Brexit transition deal face Irish barrier

Prime Minister Theresa May and British businesses are banking on European Union leaders granting a Brexit transition deal next week but diplomats said they could face disappointment unless a deadlock is broken over the Irish border.