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Budgets for £30m Brexit spend
FCA chief Andrew Bailey responds to Nicky Morgan MP
Will consult on penalty payments and enforcement policy
Praised wholesale firms for MiFID II efforts
Sets out key Brexit fears
Regulation has caused industry debate
'It will burn out in a spectacular crash'
Price moves have been 'remarkable'
Public consultation set to be published in H1 2018
Regulator does not want to 'incentivise short-termism'