Investment news · Supervision

Esma: Post-Brexit supervision CSSF, AFM ‘insufficient’

Post-Brexit supervision by CSSF, AFM ‘insufficient’, Esma says

Supervisory practices in Ireland, Luxembourg and the Netherlands “appeared insufficient” during the years that Brexit pushed financial services away from the United Kingdom to EU member states, a peer review among European financial supervisors has found. Luxembourg’s supervisor disagrees with the review’s conclusions.

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