FCA Chief Andrew Bailey Highlights Brexit Isolation at ESMA

[kreslik.news]

The UK Financial Conduct Authority (FCA) is already encountering some resistance from European authorities. The CEO of the watchdog, Andrew Bailey, shared the info with the Financial Times in an interview.

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Bailey shares that the European Securities and Markets Authority (ESMA) is engaging in certain discussions which do not include an FCA representative. The talks include information which relates to the future status of the relationship between the UK and the EU.


The UK regulator is also excluded from discussions of sensitive topics such as what the requirements ... (read more)