About: http://data.cimple.eu/news-article/01bc29758c9f04cae8a76197fb0728d898bf63f8f6fa1612be8f1621

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/01bc29758c9f04cae8a76197fb0728d898bf63f8f6fa1612be8f1621 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Financial firms will move around 150 billion euros (137 billion pounds, $176.6 billion) from Britain to France by the end of the year, when Britain's post-Brexit transition period ends, the head of the Bank of France said Wednesday. The "swift" flow across the Channel includes both French groups moving assets home from British branches and moves by 43 UK-based entities "to make sure they can keep trading in France," Francois Villeroy de Galhau said at a Paris banking event. A further 31 financial players, "mostly investment companies" have asked to register in France and their applications are being examined by market watchdog ACPR, he added. But there remains "a handful of small companies", especially in payments services, electronic cash and investments, who "must immediately speed up the process to avoid being caught unprepared in January," Villeroy said. Villeroy also warned that a temporary fix allowing European financial markets to keep using London clearing-houses -- which cover both buyers and sellers against the risk of a transaction going bad -- could not last forever. "It wouldn't be a winning bet to wager on the status quo given the size and concentration of some clearing services," he said. "It's a top priority to address the risks to financial stability from depending too much on clearing houses in the UK." Nevertheless, an "attractive clearing supply" on the continent is needed to "support the emergence of a new liquidity 'pool'," the central banker added. cgu/soe/tgb/lc
schema:headline	Brexit 'to bring 150 billion euros to France by year's end'
schema:mentions	State-owned enterprise Quo (Status Quo album) Brexit Paris London France United Kingdom Electronic cash Clearing house (finance) Top Priority Market liquidity
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-07 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	83 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software