What will happen to the regulation of financial services after Brexit? With the Brexit negotiations continuing, and their outcome uncertain, the stability of UK financial services regulation is an important consideration. With London a major global financial centre, and a great deal of financial services business happening between the UK and member states of the European Union, a smooth transition to new regulation is essential to avoid disruption not only here in the UK, but further afield too. The Financial Conduct Authority (FCA) has now published a couple of consultation papers with its proposals in case the UK leaves the EU next March without an implementation period.
Preparing financial services regulation for a hard Brexit
This 870 word blog post describes the Financial Conduct Authority’s approach towards financial services regulation in the event of a no-deal Brexit without an implementation period. Written on 10th October 2018.