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FTSE 350: Financials under a regulatory cosh

FTSE 350: Financials under a regulatory cosh

Like the UK’s banks and life assurers, the FTSE 350’s general financial companies enter 2018 with a degree of caution. With London as a global financial heavyweight, the ability of the government to secure effective passporting rights – or some equivalent – will determine how easy and/or inexpensive it will be for financial services groups to sell products into European markets, as well as how much of a headache regulatory differences could be.

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