男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

Britons face higher card costs if no Brexit deal

Updated: 2018-08-23 19:04
Share
Share - WeChat
A pedestrian shelters under a Union Flag umbrella in front of the Bank of England, in London, Britain August 16, 2018. [Photo/Agencies]

LONDON - Britons will have to pay more to make card payments in the European Union and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on Thursday.

In a document detailing contingency planning if Britain leaves the EU in March with no transition deal, the government said it would take unilateral action on several fronts to minimise disruption.

Nevertheless, a no-deal Brexit could still mean customers face higher costs and slower processing times for euro transactions.

The EU this year agreed to cap the fees retailers pay to process debit and credit card transactions. Without a deal between London and Brussels, the ban on cross-border surcharges would no longer apply.

"The cost of card payments between the UK and EU will likely increase, and these cross-border payments will no longer be covered by the surcharging ban," the government said.

The government said it was committed to giving regulators like the Bank of England and the Financial Conduct Authority a "general transitional tool" to phase in changes to ease the impact if no deal is agreed.

However, the EU would also need to take action to avoid disruption in cross-border financial services, it said.

"The UK is major centre for investment banking in Europe," the document said. "In the absence of EU action, European Economic Area clients will no longer be able to use the services of UK-based investment banks."

Brussels has said it is primarily up to banks and insurers themselves to prepare for Brexit, such as by opening new hubs in the bloc.

Reuters

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 抚松县| 大英县| 金秀| 望谟县| 沾化县| 安庆市| 静乐县| 遂平县| 萍乡市| 仁寿县| 金华市| 墨脱县| 清流县| 安庆市| 肥乡县| 苍南县| 丹凤县| 郓城县| 焉耆| 景谷| 鄂州市| 太康县| 上思县| 阜宁县| 庆阳市| 金乡县| 三河市| 雅江县| 太原市| 贡山| 洞头县| 清水县| 武胜县| 通城县| 广昌县| 叶城县| 琼海市| 太仓市| 永胜县| 普陀区| 蓝田县|