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Brexit provides alternative to free up Town’s possible, MPs say

Brexit provides a chance for lawmakers to throw off the shackles of legacy EU legislation that has held again the Town, in step with a document by means of a bunch of cross-party MPs revealed these days.

The United Kingdom can tweak the regulatory regime inherited from Brussels or design a completely new machine to spice up the Sq. Mile’s banks, agents and insurers, the treasury committee mentioned.

Britain did exert robust affect over the introduction of monetary products and services regulations when it used to be a part of the EU, which means coverage makers would not have to tear up the entire rulebook, the committee beneficial.

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