ABU DHABI/AD MEDIA OFFICE The Department of Municipalities and Transport (DMT) has announced the opening of …
Read More »UK banks face $6.7mn supervision tab for Brexit costs
Bloomberg The Bank of England (BOE) plans to boost fees on UK banks to recover 5.4 million pounds ($6.7 million) of regulatory costs associated with Brexit. The BOE’s Prudential Regulation Authority said that Britain’s withdrawal from the European Union ‘will require a significant amount of work’ to review rules and respond to industry questions. The bank said the industry might …
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