Spain Regulator Rues Opportunity Missed to Attract Brexit Exiles
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Spain’s securities regulator said the country missed a trick by not pushing hard enough to attract business forced out of the U.K. by Brexit.
The number of companies that are likely to move to Spain will be “relatively modest,” Sebastian Albella, chairman of the CNMV, said in Madrid on Monday. Instead, Albella said the big winners will probably be the obvious candidates, Frankfurt and Paris, but also financial hubs against which Madrid may have felt it stood a chance - Amsterdam, Luxembourg and Dublin.