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Expert Analysis

Brexit Achieves The Opposite Of Intended Effect In Banking

Law360, New York (August 12, 2016, 11:49 AM EDT) -- U.K. "leave" campaigners promised that a vote for Brexit was a vote to free businesses from costly and burdensome EU-imposed regulations. Political ads touted the billions spent complying with regulations and supporting the EU budget. Unencumbered by the political and economic constraints of EU membership, businesses would soar to achieve new levels of growth as the economy experienced the many benefits of an independent U.K....

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