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UK and EU still at odds over Brexit derivatives risk, says Carney

By Matthew Holehouse ( November 20, 2018, 16:56 GMT | Insight) -- UK and EU regulators remain at odds over how to handle cross-border derivative contracts that could be undeliverable in the event of a no-deal Brexit, Bank of England Governor Mark Carney said. Carney warned the UK government to think carefully before adopting a short post-Brexit transition period, warning that negotiations over a trade agreement may take years.UK and EU regulators remain at odds over how to handle cross-border derivative contracts that could be undeliverable in the event of a no-deal Brexit, Bank of England Governor Mark Carney said....

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