The new City Brexit jargon, "the enhanced letterbox": move as little of your business as possible without inspiring EU repercussions.pic.twitter.com/rY3blKvgYI
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My (possibly unrepresentative) experience is that this has been the case for years. When I was on a London trading desk a few years ago,
...our role was formally that of advisors to separate entities who were doing trades from Dublin, Luxembourg or the Caymans.
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