EU says no cliff-edge risk from Brexit for derivatives (Oct. 18)

A report on risks to the stability of derivatives markets posed by Brexit could lead to regulatory intervention, European Commission officials said on Thursday, dismissing warnings they could tumble off a cliff if Britain leaves the EU with no deal.EU financial services chief Valdis Dombrovskis said initial findings into potential stability risks to markets around Brexit Day next March will be finalised in coming days.The study is being led by the Bank of England and the European Central Bank wi