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Euro zone banks watchdog tells lenders not to pause Brexit plans

Euro zone banks watchdog tells lenders not to pause Brexit plans
Elke Koenig, Chair of the Single Resolution Board, speaks during an interview with Reuters in Brussels, Belgium, August 10, 2016. REUTERS/Francois Lenoir   -   Copyright  Francois Lenoir(Reuters)
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LONDON (Reuters) – EU banks should press ahead with preparations for Britain’s departure from the European Union despite Brexit being postponed to October, the head of the euro zone’s banks resolution board said on Monday.

“My message is there is no reason to postpone. Get prepared, be organised,” Elke Koenig told the European Parliament.

(Reporting by Huw Jones; Editing by Kevin Liffey)

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