FCA: Brexit will not lead to 'bonfire of regulation'

UK voted to quit EU following referendum

Nicola Brittain
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FCA: Brexit will not lead to 'bonfire of regulation'

Leaving the European Union (EU) will not "distract the regulator" or lead to a "bonfire of regulation", Financial Conduct Authority (FCA) chief executive Andrew Bailey has pledged.

Speaking at the watchdog's annual public meeting today (19 July), he said it was unlikely the vote to leave the EU would lead to deregulation. He said: "We don't expect to be distracted from our...

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