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UK cross-border review feels Brexit strain

Growing signs that overseas persons exclusion will fall foul of rivalry between UK and EU

UK Treasury
The UK Treasury is leading the review

Fears are growing that Brexit tensions between the European Union and the UK will sway an upcoming review of the UK’s cross-border access rules.

“At some stage, UK authorities are going to review the overseas persons exclusion, especially as EU authorities tend to restrict the way you can do business in the EU from outside the EU,” says a regulatory affairs specialist at an EU bank. “The way we

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