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KM Financial Solutions | Foreign banks face new EU set-up to allow more scrutiny
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Foreign banks face new EU set-up to allow more scrutiny

03 Sep Foreign banks face new EU set-up to allow more scrutiny

Posted at 12:16h in News by
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LONDON, Sept 4 (Reuters) – Nineteen foreign banks in the
European Union will need to set up new holding companies so that
regulators can scrutinise them more closely, an EU discussion
paper says, mirroring steps taken by the United States.

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