Britain reviews core banking rules in light of Brexit By Reuters

LONDON (Reuters) – Britain on Tuesday launched an independent review of capital and proprietary trading rules that were introduced following the global financial crisis more than a decade ago.

“Over the last decade, UK banks have seen significant changes to the environment in which they operate, including the fallout from the COVID-19 pandemic, the UK’s exit from the EU, and wider changes in the UK financial sector,” the independent review said in a statement.