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FCA cuts French bank off from UK after missing Brexit window
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The Financial Conduct Authority has banned a French bank from operating in the UK after it missed its chance to apply for post-Brexit authorisation.
Lyonnaise de Banque missed its so-called "landing slot" under the temporary permissions regime introduced by the regulator in the wake of the EU split, according to a 21 December statement, becoming the first firm to be barred from doing UK business as a result.
The...
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