The Financial Conduct Authority (FCA) has written to the UK's largest asset managers to request detailed information about their contingency plans for the impact of Brexit on their businesses.
In a 30-question letter, the regulator asked firm's for an account of how the UK's departure from the EU will impact their business models, including whether or not UK-based companies are planning to relocate...
The US dollar is close to peaking and the risks now seem to be on the downside.
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