The Brexit Complex: Will your Brokerage be Trapped in the UK?

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 37309
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

The Brexit Complex: Will your Brokerage be Trapped in the UK?

Postby kreslik.news » Mon Oct 31, 2016 11:26 am


This article was written by Peter Tatarnikov, Chairman of the Board of The Financial Commission.

Regarding the Brexit and whether or not there will be a definitive ruling on FCA-regulated firms in the UK losing any EU-passporting rights, traders should check to see if their broker maintains separate regulatory statuses elsewhere in the EU – which could cover their place of residence.

Passporting is a practice within the EU that is permitted under MiFID that allows firms regulated in one EU-member state to have their regulatory licenses recognized by other EU-member states, depending on the type of passport ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”