FCA shells out £11.6m on Brexit so far

175,000 man hours spent

Hannah Godfrey
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The FCA has so far spent £11.6m on preparing for the UK to leave the EU, a freedom of information request by PA has revealed
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The FCA has so far spent £11.6m on preparing for the UK to leave the EU, a freedom of information request by PA has revealed

The Financial Conduct Authority (FCA) has spent £11.6m on preparing for the UK to leave the European Union so far, a freedom of information (FOI) request by Professional Adviser has revealed.

The regulator started work on Brexit in April 2017, when it went to the industry to seek additional funding costs. Between April 2017 and March 2018, the FCA spent £4.2m. From April 2018 to September,...

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