FCA Details Post-Brexit Rules for Regulated Firms

[kreslik.news]

The UK Financial Conduct Authority is addressing one of the hottest topics for the London trading industry – Brexit. The regulator has just published an official announcement detailing some steps it intends to take in the coming weeks.

Brexit uncertainty is burdensome for management decisions at financial firms. Today’s move by the FCA is to publish two consultation papers that help UK and EU firms get more clarity.

Both documents are assuming a worst case scenario for the negotiating process – a no deal Brexit. Both proposals are tied to the UK leaving the EU on the 29th of March 2019 without ... (read more)