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Euroclear will shift UK holding company because of Brexit

Settlement house is to move its holding company to its home market

Euroclear will shift UK holding company because of Brexit

The Belgian settlement house Euroclear will shift its holding company from the UK to its home nation in a move to guard against the risks to business arising from Brexit.

Euroclear announced the move at an investor day on Tuesday. A spokeswoman said a subsidiary base in Switzerland would also be relocated to Belgium.

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