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Brexit disruption, market fragmentation will hit savers and pensions, says FCA’s Rathi

( November 12, 2020, 17:45 GMT | Official Statement) -- MLex Summary: Financial market fragmentation caused by a disruptive Brexit would ultimately hit savers and pensioners due to financial-services companies experiencing more-difficult risk management and a higher cost of capital, the Financial Conduct Authority’s chief executive, Nikhil Rathi, said today. “We are doing what we can to avoid this,” he said in a speech at Mansion House in London today.The speech follows....

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