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EU to grant Britain temporary euro clearing access until June 2022: sources

LONDON (Reuters) – The European Union is expected to grant clearing houses in Britain access to the bloc’s market for…

By financial2020myday , in Stock Markets , at September 15, 2020

LONDON (Reuters) – The European Union is expected to grant clearing houses in Britain access to the bloc’s market for 18 months from January, two industry sources said on Tuesday.

The sources said temporary access would be granted until June 30, 2022.

Britain left the EU in January and unfettered access under transition arrangements ends on Dec. 31.

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