ECB’s Lautenschlaeger: Many banks are a bit too relaxed about ‘Hard Brexit’

European Central Bank board member Sabine Lautenschlaeger crossed the wires now, via Reuters, urging banks to take ‘Hard Brexit’ issue seriously.

Key Headlines:

Obtaining a licence takes some time

So don’t put off applying for one for too long

Many banks are a bit too relaxed about ‘Hard Brexit’