DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Brexit may leave banks on hook for rewriting contracts
Bloomberg As far as Brexit headaches go, Barclays Plc’s John McFarlane says that while his bank is on top of job relocations, he’s more concerned about rewriting “hundreds of thousands†of contracts. He’s not alone. Andrew Bailey, head of the UK Financial Conduct Authority, said “contract continuity†is among the biggest potential disruptions in a no-deal, no-transition Brexit. Both Bailey ...
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