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The most important Brexit event of the week came and went with relatively little fanfare, yet it marks a significant moment.
Yesterday, May 30, an important part of London’s influence in the European financial world quietly slipped away. The European Banking Authority (EBA) closed its Canary Wharf office. There was no press release, no news report, only a statement on its website giving its new address. On Monday, June 3, it will re-open in Paris, France.
The European Banking Authority (EBA) is a regulatory agency of the European Union headquartered in London.
David Davis claims medicine and banking bodies will not have to leave Canary Wharf.
MEP Brian Hayes says Dublin would be ‘ideal’ location for banking watchdog / The London based financial watchdog European Banking Authority (EBA), could relocate to Dublin once the UK moves ahead with plans to exit the European Union.