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Italian Ministry of Economy and Finance confirms mutual recognition of UK-domiciled funds until end of 2020
The Italian Ministry of Economy and Finance (MEF) has ruled that UK regulated companies will be allowed to continue operating within Italy at least until the end of 2020.
Upturn in markets post-election likely to be ‘short-lived’
Following Thursday’s General Election result, which saw the Conservatives return to government after their best performance in three decades, the markets reacted broadly positively towards the news, with Sterling in particular, rallying strongly.