Banning bets on falling share prices would be bonkers if Brexit panic sets in

Irish Times | Oct 18, 2019 at 6:02 PM
  • As UK members of parliament gather at Westminster this weekend for the first Saturday sitting of the House of Commons since Argentina invaded the Falkland Islands in 1982, financial markets – and their regulators – are on edge.
  • The type of EU withdrawal deal on which MPs will vote – taking the UK not only out of the EU, but out of the single market and the customers union – is the hardest of hard-Brexits envisaged at the outset of the roller-coaster ride.
  • It would evoke memories of the financial crisis, when a number of countries, including Ireland, stopped short-sellers from targeting banking stocks.