Post-Brexit prudential regime expected to hinder UK competitiveness
Smaller firms at greatest disadvantage
The FCA unveiled plans for new prudential rules for UK investment firms, replacing EU rules
The Financial Conduct Authority's (FCA) proposed post-Brexit prudential regime for MiFID investment firms is set to negatively impact competitiveness, while impacting the attractiveness of the UK in the eyes of investment groups, a new poll suggests.
In June, the regulator published proposals for new prudential rules for UK investment firms, replacing EU rules, and targeting controls on liquidity, remuneration and capital requirements. At the time,...
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