GBP News 

Technological solutions to Irish border ignored in UK-EU Brexit talks

“British and EU Brexit negotiators have spent less than 1 percent of their time discussing technological alternatives to the Irish border backstop in hard-fought talks in Brussels since February” writes Leo Mckinstry for telegraph.co.uk. Theresa May whipped her MPs to support the Brady amendment calling for the controversial backstop to be replaced with “alternative arrangements” and set up an Alternative Arrangements Working Group of influential Brexiteer MPs. Despite that, the Telegraph can reveal that negotiations over those technological solutions have been almost entirely ignored. “99 percent” of the negotiations since…

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News 

Saracens owner Nigel Wray and Maro Itoje in business together – club says arrangements are all above board

“Saracens owner Nigel Wray has business arrangements with England forward Maro Itoje, as well as with former players Alistair Hargreaves and Chris Wyles, Telegraph Sport can reveal” writes Daniel Schofield for telegraph.co.uk. It was reported earlier this week that Wray has gone into business with England internationals Owen Farrell, Billy and Mako Vunipola and Richard Wigglesworth. Source: telegraph.co.uk

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AUD GBP News 

ASIC encourages international firms to review their AFS licensing arrangements ahead of Brexit

“Of these firms, 285 UK foreign financial services providers (FFSPs) operate in Australia under an Australian financial services (AFS) licensing exemption” reports financefeeds.com. The Australian Securities & Investments Commission (ASIC) has earlier today posted an update on preparations for Brexit, encouraging firms with global operations to review their AFS licensing arrangements.Among other things, ASIC is seeking to enhance its co-operation with UK financial regulators post-Brexit. Source: financefeeds.com

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GBP News 

Can the Alternative Arrangements Working Group bail Theresa May out over Brexit? All your questions answered

“After MPs told Theresa May to secure a better deal with Brussels by finding “alternative arrangements” to the backstop, Conservative Remainers and Brexiteers have been invited to work out what those changes need to be” writes Freddie Jordan for telegraph.co.uk. Will they be able to bail out the Prime Minister?.  Source: telegraph.co.uk

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Markets News 

Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog

“Grab was the dominant player in Singapore’s ride-hailing market even before the Uber merger” writes Midwest Communications Inc for 95kqds.com. Several new players, such as India’s Jugnoo and Singapore-based Ryde, have recently entered the city-state’s ride-hailing market.The CCCS’s decision could have wider implications, with Malaysia also saying this month that it was studying monopoly risks triggered by the merger of Grab and Uber. Source: 95kqds.com

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