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Derivatives still the big Brexit risk to financial services, BOE policy committee says

By Victoria Ibitoye ( March 27, 2018, 15:58 GMT | Insight) -- Brexit's threat to financial services has subsided since November but the potential impact on derivatives trading and clearing still pose significant risks to stability, the Bank of England has said. The assessment was published today in minutes of the most recent meeting of the central bank's Financial Policy Committee, on March 12. The committee also raised worries about rising mortgage lending and said it is considering raising capital buffers.Brexit's threat to financial services has subsided since November but the potential impact on derivatives trading and clearing still pose significant risks to stability, the Bank of England has said....

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