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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Europe put pressure on British banks

    Rocky
    Rocky
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    Europe put pressure on British banks Empty Europe put pressure on British banks

    Post by Rocky Tue 25 Apr 2017, 2:16 am

    Europe put pressure on British banks



    4/25/2017 0:00

    Morning / follow - up
    recommended by the European Central Bank British and international banks to submit their requests for new licenses to continue to work in the European Union after the conclusion of the document Britain out of the European Union "Braksi".
    The bank said: "Normally it takes to get six months banking license, and the period be less when it comes to the extension of an existing license, but whatever happens, in all cases, the bank will make a decision on the license application within 12 months from the date of filing the application."
    He stressed that while examining the extension of the license or approval of new applications when submitted successively requests will be in it, but the ECB banks recommend "to plan schedules provide well their requests in order to get a license in a timely manner," according to the text published by the this Aldkhmh.ovi the end of March monetary institution (March) last year, the British government headed by Theresa May handed over to the European Commission and the divorce document from the European Union, which will have significant implications in the field of financial services in the EU, according to economists generally estimates. in front of London and Brussels now two years for Complete the negotiations on the exit of Britain 's final.
    And the significance of this new development by the European Union, Frederick Santi financial analyst Swiss said that in the event of difficult negotiations for "Braksi", you will lose the banks based in the UK passports financial her that allows her to provide services customers in 27 countries in the European Union, and if they want to continue to do so, they should obtain a new license or request for extension of the existing banks existing licenses in the European Union.
    he added that there may be other considerations for new banks that want to operate in EU countries in the future, where It all depends on the outcome of negotiations {} Braksi expected to conclude between 18 and 24 months from now. Santi said: The European Central Bank will not participate in political negotiations to implement the "Braksi", but as a supervisor of the European banks in the euro zone, it intends to stand on all joints in the negotiations that are expected to affect the financial sector in the European Union

    http://www.alsabaah.iq/ArticleShow.aspx?ID=135882

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