FCA reveals plans for EEA firms in preparation for no-deal Brexit
To ensure 'smooth transition'
FCA proposals would see EEA firms continue to operate in the UK post-Brexit in the event of no deal and no transition period
The Financial Conduct Authority (FCA) has laid out its proposals to ensure a "smooth transition" for EEA firms conducting business in the UK in case of a no-deal Brexit and a failure to secure an implementation period.
Its proposals are part of one of two consultation papers published on Wednesday (10 October), as the City regulator readies itself for its role in the fallout of the UK's departure from the European Union...
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