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Esma chair urges UK to come clean on no-deal trading plans

Comments from Steven Maijoor are the latest in an ongoing spat over where shares will be traded if the UK crashes out of the EU in October

Europe’s main financial watchdog has told the UK’s Financial Conduct Authority to urgently set out its plans for what will happen to cross-Channel share trading in a no-deal Brexit.

The comments from Steven Maijoor, chair of the European Securities and Markets Authority, are the latest in an ongoing tit-for-tat over where investors buy and sell shares if the UK crashes out of the EU on October 31.

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