The Bank of England's Financial Policy Committee (FPC) has warned UK and European Union authorities are not doing enough to prevent the "material risks" of Brexit, which could potentially "disrupt the financial system directly".
The FPC said in its meeting on 12 March that both UK and EU politicians need to "tackle these [market] risks" as a priority. "Brexit could disrupt the financial system directly," the FPC said. "The...
'Managed separation update'
The chairman discusses his surprise holiday job
Three months on
Regulator has stepped in