FCA: Brexit Draft Agreement Preferable to No Deal

[kreslik.news]

The Financial Conduct Authority (FCA) released a document this Thursday wich assesses the UK’s prospective departure from the European Union (EU). As with all Brexit documents, there are a lot potential outcomes and few certainties.

In its paper, the British regulator looked at three Brexit focal points pertaining to the financial services industry. Firstly, the potential of a no-deal Brexit is examined, followed by an analysis of could happen if Prime Minister Theresa May’s draft agreement is accepted. Finally, the document looks at future relations between the UK and the EU.

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