Brexit hit looms for industries that escaped worst of pandemic For quite a while Brexit was largely out the public eye, but the issues from last year have not been resolved. In actuality they have been complemented by the Covid-19 crisis. The LSE has created a joint
Read more →Brexit: UK and EU agree delay to 31 October The EU and the UK have agreed to extend Brexit until 31th of October. This provides a bit more time for businesses and financial specialists to prepare, as well as extends our own target. We have always maintained
Read more →May asks for Brexit extension to 30 June as Tusk offers up to a year As the uncertainty of Brexit continues, the complex issues of derivative-clearing, termination and re-signing of various CDS contracts that have been cleared or routed through the City of London stays unresolved. Deriveum
Read more →German economy will grow 0.7 percent this year if Brexit is disorderly: BDI The Federation of German Industry (BDI) expects a severe recession in the UK, should the latter leaves the EU without a deal. That would spill over to the rest of the continent also affecting
Read more →EU watchdog holds fire on derivatives action under no-deal Brexit Reuters reports that no-deal Brexit will cause disturbance among derivative users and CDS holders in particular, as it might necessitate contract premature termination and changes of conditions. Using Deriveum both sides of the contract would enjoy much
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