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Euroclear will shift UK holding company because of Brexit

Settlement house is to move its holding company to its home market

Wednesday 7 March 2018 at 13:16

Euroclear will shift UK holding company because of Brexit

The Belgian settlement house Euroclear will shift its holding company from the UK to its home nation in a move to guard against the risks to business arising from Brexit.

Euroclear announced the move at an investor day on Tuesday. A spokeswoman said a subsidiary base in Switzerland would also be relocated to Belgium.